Concession notice
Section I: Contracting
authority/entity
I.1) Name and addresses
MAG Airport Limited
Olympic House, Manchester Airport
Manchester
M90 1QX
UK
Contact person: Andy Hayes
Telephone: +44 8712710711
E-mail: andy_hayes@stanstedairport.com
NUTS: UK
Internet address(es)
Main address: www.stanstedairport.com
Address of the buyer profile: https://www.mytenders.co.uk/search/Search_AuthProfile.aspx?ID=AA42992
I.3) Communication
Access to the procurement documents is restricted. Further information can be obtained at:
https://esourcing.waxdigital.co.uk/MAG/SignIn.aspx
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent electronically to:
https://esourcing.waxdigital.co.uk/MAG/SignIn.aspx
I.6) Main activity
Airport-related activities
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
ID5158 Stansted and East Midlands Airports - Foreign Exchange Concession
Reference number: ID5158
II.1.2) Main CPV code
66180000
II.1.3) Type of contract
Services
II.1.4) Short description
Foreign Exchange and other financial services at Stansted and East Midlands Airports
II.1.5) Estimated total value
Value excluding VAT:
275 000 000.00
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:
UK
Main site or place of performance:
Stansted Airport and East Midlands Airport
II.2.4) Description of the procurement
Providing Foreign Exchange and Banking Services to passengers flying from and into Stansted and East Midlands Airports.
II.2.6) Estimated value
Value excluding VAT:
275 000 000.00
GBP
II.2.7) Duration of the contract, framework agreement, dynamic purchasing system or concession
Start:
01/04/2023
End:
31/03/2028
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
Interested parties must register on the MAGSource tendering platform at the following address https://esourcing.waxdigital.co.uk/MAG/Signin.aspx. Bidders MUST confirm registration by emailing andy_hayes@stanstedairport.com. You will then be provided with access to the Procurement documents relating to the project
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:
Licence holders with the following Regulatory Authorities, Financial Conduct Authority and HMRC Money Service Business
III.2) Conditions related to the contract
Section IV: Procedure
IV.1) Description
IV.2) Administrative information
IV.2.2) Time limit for receipt of tenders or requests to participate
Date:
11/10/2022
Local time: 12:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
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 payment will be used
VI.3) Additional information
(MT Ref:227430)
VI.4) Procedures for review
VI.4.1) Review body
Public Procurement Review Service
Cabinet Office
London
UK
Telephone: +44 3450103503
E-mail: publicprocurementreview@cabinetoffice.gov.uk
Internet address(es)
URL: https://www.gov.uk/government/publications/public-procurement-review-service-scope-and-remit
VI.4.3) Review procedure
Precise information on deadline(s) for review procedures:
MAG Airport Ltd will incorporate a standstill period at the point information on the award
of the contract is communicated to tenderers. That notification will provide full information
on the award decision. The standstill period which will be a minimum of ten calendar days,
provides time for unsuccessful tenderers to challenge the award decision before the
contracts are entered into. The Concession Contracts Regulations 2016 provide for
aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to
take action in the High Court (England, Wales and Northern Ireland)
VI.5) Date of dispatch of this notice
26/09/2022