Section one: Contracting authority/entity
one.1) Name and addresses
NEPO
Northern Design Centre Abbots Hill, Baltic , Business Quarter
Gateshead
NE8 3ADF
Country
United Kingdom
NUTS code
UK - United Kingdom
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
NEPO505 Payment Card Services
Reference number
NEPO505
two.1.2) Main CPV code
- 66000000 - Financial and insurance services
two.1.3) Type of contract
Services
two.2) Description
two.2.1) Title
Corporate Payments
Lot No
2
two.2.2) Additional CPV code(s)
- 30160000 - Magnetic cards
- 48440000 - Financial analysis and accounting software package
- 48812000 - Financial information systems
- 66000000 - Financial and insurance services
- 79211120 - Sales and purchases recording services
- 79211200 - Compilation of financial statements services
- 79411100 - Business development consultancy services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement at the time of conclusion of the contract:
NEPO in collaboration with ESPO and YPO have established a multi-supplier, multi-lot Framework Contract for the provision of Prepaid Card Accounts, Commercial Procurement Cards and other related services provided by payment solution providers.
The Framework Contract consists of the following lots:
Lot 1: Prepaid Payments
Lot 2 : Corporate Payments
The Framework Contract will replace the preceding NEPO505 Prepaid Cards Framework Contract which expired on 8.01.2022.
two.2.7) Duration of the contract, framework agreement, dynamic purchasing system or concession
Duration in months
72
In the case of framework agreements, provide justification for any duration exceeding 4 years
The Framework Contract is anticipated to exceed 48 months in duration. This is due to the commercial and contractual complexity of the Framework Contract combined with the cost of administrating the procurement and resulting implementations. For this purpose, longer term agreements are preferred by both Contracting Authorities and Suppliers
Section four. Procedure
four.2) Administrative information
four.2.1) Contract award notice concerning this contract
Notice number: 2022/S 000-026287
Section five. Award of contract/concession
Contract No
NEPO505
Lot No
2
Title
NEPO505 Payment Card Services
five.2) Award of contract/concession
five.2.1) Date of conclusion of the contract/concession award decision:
20 September 2022
five.2.2) Information about tenders
The contract/concession has been awarded to a group of economic operators: Yes
five.2.3) Name and address of the contractor/concessionaire
Lloyds Bank PLC
25 Gresham Street
London
EC2V 7HN
Country
United Kingdom
NUTS code
- UK - United Kingdom
Justification for not providing organisation identifier
Not on any register
The contractor/concessionaire is an SME
No
five.2.3) Name and address of the contractor/concessionaire
National Westminster Bank
250 Bishop Gate
London
EC2M 4AA
Country
United Kingdom
NUTS code
- UK - United Kingdom
Justification for not providing organisation identifier
Not on any register
The contractor/concessionaire is an SME
No
five.2.4) Information on value of the contract/lot/concession (at the time of conclusion of the contract;excluding VAT)
Total value of the procurement: £6,000,000,000
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
NEPO
Northern Design Centre Abbots Hill, Baltic , Business Quarter
Gateshead
NE8 3ADF
Country
United Kingdom
Section seven: Modifications to the contract/concession
seven.1) Description of the procurement after the modifications
seven.1.1) Main CPV code
- 66000000 - Financial and insurance services
seven.1.2) Additional CPV code(s)
- 30160000 - Magnetic cards
- 48440000 - Financial analysis and accounting software package
- 48812000 - Financial information systems
- 66000000 - Financial and insurance services
- 79211120 - Sales and purchases recording services
- 79211200 - Compilation of financial statements services
- 79411100 - Business development consultancy services
seven.1.3) Place of performance
NUTS code
- UK - United Kingdom
seven.1.4) Description of the procurement:
NEPO used an open procedure for the procurement of this Framework Contract. The Framework Contract consists of two lots. Tenderers were evaluated in accordance with the award criteria contained within the Invitation To Tender documents. The most economically advantageous Tenderer(s) for each lot was awarded on to the Framework Contract.
Upon completion of the Tender evaluations, NEPO combined the final marks for both quality and price and evaluated Tenders according to the score. NEPO have awarded a total of two suppliers for lot 2 Corporate Payments.
NEPO does not give any guarantee and/or warrant the actual value of the services (if any) which will be placed with the successful supplier by any Contracting Authority using the Framework Contract pursuant to this process and accepts no liability thereof. In accordance with the Framework Contract, each Contracting Authority will enter into a call-off contract. The call-off contract is to be entered into by both the Contracting Authority and awarded supplier and will be based on the terms and conditions of the Framework Contract.
seven.1.5) Duration of the contract, framework agreement, dynamic purchasing system or concession
Duration in months
72
In the case of framework agreements, provide justification for any duration exceeding 4 years:
The Framework Contract is anticipated to exceed
48 months in duration. This is due to the
commercial and contractual complexity of the
Framework Contract combined with the cost of
administrating the procurement and resulting
implementations. For this purpose, longer term
agreements are preferred by both Contracting
Authorities and Suppliers
seven.1.6) Information on value of the contract/lot/concession (excluding VAT)
Total value of the contract/lot/concession:
£6,000,000,000
seven.1.7) Name and address of the contractor/concessionaire
Lloyds Bank PLC
25 Gresham Street
London
EC2V 7HN
Country
United Kingdom
NUTS code
- UK - United Kingdom
Justification for not providing organisation identifier
Not on any register
The contractor/concessionaire is an SME
No
seven.1.7) Name and address of the contractor/concessionaire
National Westminster Bank
250 Bishop Gate
London
EC2M 4AA
Country
United Kingdom
NUTS code
- UK - United Kingdom
Justification for not providing organisation identifier
Not on any register
The contractor/concessionaire is an SME
No
seven.2) Information about modifications
seven.2.1) Description of the modifications
Nature and extent of the modifications (with indication of possible earlier changes to the contract):
The spend range tiering and supplier rebate values in the Pricing Schedule for Lot 2 - Corporate Payments are modified
seven.2.2) Reasons for modification
Need for modification brought about by circumstances which a diligent contracting authority/entity could not foresee.
Description of the circumstances which rendered the modification necessary and explanation of the unforeseen nature of these circumstances:
Due to market expectations in relation to payment term rebates for Commercial Procurement Cards, NEPO has taken the decision to modify the spend band tiering in the Pricing Schedule for Lot 2 - Corporate Payments and accept revised supplier rebate values. The modifications shall ensure that the framework agreement remains relevant in the public sector marketplace. In accordance with Regulation 72(1)(e) of the Public Contracts Regulations 2015, the modifications are not substantial and do not amount to a material change in the Framework Agreement or Services.
seven.2.3) Increase in price
Updated total contract value before the modifications (taking into account possible earlier contract modifications, price adaptions and average inflation)
Value excluding VAT: £6,053,000,000
Total contract value after the modifications
Value excluding VAT: £6,053,000,000