Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
The Board of the Pension Protection Fund
Renaissance, 12 Dingwall Road
Croydon
CR0 2NA
UK
Telephone: +44 8456002541
E-mail: CommercialServices@ppf.gsi.gov.uk
NUTS: UKI62
Internet address(es)
Main address: http://www.pensionprotectionfund.org.uk/Pages/homepage.aspx
Address of the buyer profile: https://ppf.bravosolution.co.uk
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Banking Services
II.1.2) Main CPV code
66110000
II.1.3) Type of contract
Services
II.1.4) Short description
The contract for the provision of banking services (“The Services") is being tendered by the Board of the Pension Protection PPF (“The PPF") in accordance with the Public Contracts Regulations 2015 under the Open Procedure. The PPF requires a UK clearing bank to provide a full range of clearing bank services.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
357 000.00
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UKI62
II.2.4) Description of the procurement
The contract for the provision of banking services (“The Services") is being tendered by the Board of the Pension Protection PPF (“The PPF") in accordance with the Public Contracts Regulations 2015 under the Open Procedure. The PPF requires a UK clearing bank to provide a full range of clearing bank services.
II.2.5) Award criteria
Quality criterion: Online Banking Platform
/ Weighting: 40 %
Quality criterion: Credit Interest Arrangements
/ Weighting: 5 %
Quality criterion: Contract Transfer/Implementation Plan
/ Weighting: 20 %
Quality criterion: Service Level Agreement
/ Weighting: 10 %
Quality criterion: Relationship management and customer service
/ Weighting: 15 %
Quality criterion: Added Value
/ Weighting: 5 %
Quality criterion: Local branch
/ Weighting: 5 %
Price
/ Weighting:
20 %
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2018/S 197-445661
Section V: Award of contract
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
28/12/2018
V.2.2) Information about tenders
Number of tenders received: 5
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
HSBC Bank Plc
8 Canada Square
London
E14 5HQ
UK
NUTS: UKI42
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 357 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
Note that the estimated contract values in Section II: Object (II.1.7) and Sections V: Award of Contract (V.2.4) are based on extensions for the full term permissible under the contracts (6 years in total).
VI.4) Procedures for review
VI.4.1) Review body
The Board of the Pension Protection Fund
Renaissance, 12 Dingwall Road
Croydon
CR0 2NA
UK
Telephone: +44 08456002541
E-mail: commercialservices@ppf.gsi.gov.uk
Internet address(es)
URL: http://www.pensionprotectionfund.org.uk/Pages/homepage.aspx
VI.5) Date of dispatch of this notice
10/01/2019