Awarded contract

Banking Services

  • University of Reading

F03: Contract award notice

Notice reference: 2022/S 000-019767

Published 20 July 2022, 1:33pm



Section one: Contracting authority

one.1) Name and addresses

University of Reading

Miller Building, Whiteknights

Reading

RG6 6AB

Email

s.morse@reading.ac.uk

Telephone

+44 1183788305

Fax

+44 1183788307

Country

United Kingdom

NUTS code

UKJ11 - Berkshire

Internet address(es)

Main address

www.reading.ac.uk/procurement

Buyer's address

www.in-tendorganiser.co.uk/theuniversityofreading

one.4) Type of the contracting authority

Body governed by public law

one.5) Main activity

Education


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Banking Services

Reference number

UOR/PRO/21/026

two.1.2) Main CPV code

  • 66100000 - Banking and investment services

two.1.3) Type of contract

Services

two.1.4) Short description

The University of Reading has a requirement for the provision of Corporate Banking services in relation to itself and its UK subsidiaries. The University requires a banking service which will include the provision and maintenance of up to 10 bank accounts and banking services associated with higher education banking arrangements, including an electronic banking platform for both domestic and international payment initiation and balance/transaction reporting.

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £675,000

two.2) Description

two.2.2) Additional CPV code(s)

  • 66110000 - Banking services
  • 66100000 - Banking and investment services

two.2.3) Place of performance

NUTS codes
  • UKJ11 - Berkshire

two.2.4) Description of the procurement

The University of Reading has a requirement for the provision of Corporate Banking services in relation to itself and its UK subsidiaries. The University requires a banking service which will include the provision and maintenance of up to 10 bank accounts and banking services associated with higher education banking arrangements, including an electronic banking platform for both domestic and international payment initiation and balance/transaction reporting.

two.2.5) Award criteria

Price

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

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


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Restricted procedure

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2021/S 000-030409


Section five. Award of contract

Contract No

UOR-PRO-21-026

Title

University of Reading Banking Services

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

18 July 2022

five.2.2) Information about tenders

Number of tenders received: 4

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from other EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 4

Number of tenders received by electronic means: 4

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

Lloyds Bank PLC

25 Gresham Street

London

EC2V 7HN

Email

kate.manku@lloydsbanking.com

Telephone

+44 7824498594

Country

United Kingdom

NUTS code
  • UK - United Kingdom
National registration number

00002065

Internet address

www.lloydsbank.com

The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Initial estimated total value of the contract/lot: £750,000

Total value of the contract/lot: £750,000


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

University of Reading

Reading

Country

United Kingdom

Internet address

www.reading.ac.uk/procurement