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Contract Notice

Agreement for Banking Services

  • First published: 01 November 2024
  • Last modified: 01 November 2024
  • This file may not be fully accessible.

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To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

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Contents

Summary

OCID:
ocds-h6vhtk-04b1c5
Published by:
Liverpool John Moores University
Authority ID:
AA21732
Publication date:
01 November 2024
Deadline date:
27 November 2024
Notice type:
Contract Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

Banking Services - Tenderers for banking services need to be able to offer a diverse range of day-to-day banking services. This includes (but is not limited to) the provision of UK domiciled currency accounts, the provision of foreign currency accounts as required, exchange of small value foreign currencies and on-line banking facilities, deposit and borrowing solutions. In respect of deposits this should include a range of rates and options such as overnight deposit accounts and fixed term deposit rates.

The banking system provided by the tenderer may need to be able to import or extract information and interface with third party solutions and providers such as Oracle, WPM, Unit 4 Business World and Flywire

The University wants to ensure that its banking arrangements are both efficient and cost-effective and are capable of meeting future changes in the marketplace and technological advances. It is looking for relationships with an organisation in which it can be confident, and which will meet and often exceed user expectations. In line with this we require the ability to utilise self-service wherever possible and to be able to access reports and KPI information.

The estimated value is the monies that will pass through / be paid out of the LJMU account during the life of the agreement.

Full notice text

Contract notice

Section I: Contracting authority

I.1) Name and addresses

Liverpool John Moores University

LJMU

Liverpool

UK

E-mail: PurchaseOrderQueries@ljmu.ac.uk

NUTS: UKD72

Internet address(es)

Main address: www.ljmu.ac.uk

I.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge at:

https://in-tendhost.co.uk/ljmu/aspx/Home


Additional information can be obtained from the abovementioned address


Tenders or requests to participate must be sent electronically to:

https://in-tendhost.co.uk/ljmu/aspx/Home


I.4) Type of the contracting authority

Other: Education

I.5) Main activity

Education

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Agreement for Banking Services

Reference number: LJMU 2414

II.1.2) Main CPV code

66110000

 

II.1.3) Type of contract

Services

II.1.4) Short description

Banking Services - Tenderers for banking services need to be able to offer a diverse range of day-to-day banking services. This includes (but is not limited to) the provision of UK domiciled currency accounts, the provision of foreign currency accounts as required, exchange of small value foreign currencies and on-line banking facilities, deposit and borrowing solutions. In respect of deposits this should include a range of rates and options such as overnight deposit accounts and fixed term deposit rates.

The banking system provided by the tenderer may need to be able to import or extract information and interface with third party solutions and providers such as Oracle, WPM, Unit 4 Business World and Flywire

The University wants to ensure that its banking arrangements are both efficient and cost-effective and are capable of meeting future changes in the marketplace and technological advances. It is looking for relationships with an organisation in which it can be confident, and which will meet and often exceed user expectations. In line with this we require the ability to utilise self-service wherever possible and to be able to access reports and KPI information.

The estimated value is the monies that will pass through / be paid out of the LJMU account during the life of the agreement.

II.1.5) Estimated total value

Value excluding VAT: 9 000 000.00  GBP

II.1.6) Information about lots

This contract is divided into lots: No

II.2) Description

II.2.2) Additional CPV code(s)

66110000

II.2.3) Place of performance

NUTS code:

UKD7


Main site or place of performance:

Liverpool

II.2.4) Description of the procurement

Tenderers for banking services need to be able to offer a diverse range of day-to-day banking services. This includes (but is not limited to) the provision of UK domiciled currency accounts, the provision of foreign currency accounts as required, exchange of small value foreign currencies and on-line banking facilities, deposit and borrowing solutions. In respect of deposits this should include a range of rates and options such as overnight deposit accounts and fixed term deposit rates.

The banking system provided by the tenderer may need to be able to import or extract information and interface with third party solutions and providers such as Oracle, WPM, Unit 4 Business World and Flywire

The University wants to ensure that its banking arrangements are both efficient and cost-effective and are capable of meeting future changes in the marketplace and technological advances. It is looking for relationships with an organisation in which it can be confident, and which will meet and often exceed user expectations. In line with this we require the ability to utilise self-service wherever possible and to be able to access reports and KPI information

II.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.6) Estimated value

Value excluding VAT: 9 000 000.00  GBP

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Duration in months: 60

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

II.2.11) Information about options

Options: No

II.2.12) Information about electronic catalogues

Tenders must be presented in the form of electronic catalogues or include an electronic catalogue

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

II.2.14) Additional information

The tender documents have been placed on In-tend. https://in-tendhost.co.uk/ljmu/aspx/Home

Any queries pertaining to this tender must be submitted via In-tend. Direct contact with the Buyer via email or tel will not receive a response

Section III: Legal, economic, financial and technical information

III.1) Conditions for participation

III.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers

List and brief description of conditions:

as per tender pack

III.1.2) Economic and financial standing

Selection criteria as stated in the procurement documents


III.2) Conditions related to the contract

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: No

IV.2) Administrative information

IV.2.2) Time limit for receipt of tenders or requests to participate

Date: 27/11/2024

Local time: 12:00

IV.2.4) Languages in which tenders or requests to participate may be submitted

EN

IV.2.6) Minimum time frame during which the tenderer must maintain the tender

Duration in months: 6 (from the date stated for receipt of tender)

IV.2.7) Conditions for opening of tenders

Date: 27/11/2024

Local time: 12:30

Section VI: Complementary information

VI.1) Information about recurrence

This is a recurrent procurement: No

VI.2) Information about electronic workflows

Electronic ordering will be used

Electronic invoicing will be accepted

Electronic payment will be used

VI.4) Procedures for review

VI.4.1) Review body

LJMU Legal Services

Liverpool

UK

VI.5) Date of dispatch of this notice

28/10/2024

Coding

Commodity categories

ID Title Parent category
66110000 Banking services Banking and investment services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
PurchaseOrderQueries@ljmu.ac.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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