Section one: Contracting authority/entity
one.1) Name and addresses
MAG Airport Limited
Olympic House, Manchester Airport
Manchester
M90 1QX
Contact
Andy Hayes
andy_hayes@stanstedairport.com
Telephone
+44 8712710711
Country
United Kingdom
NUTS code
UK - United Kingdom
Internet address(es)
Main address
Buyer's address
https://www.mytenders.co.uk/search/Search_AuthProfile.aspx?ID=AA42992
one.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 above-mentioned address
Applications or, where applicable, tenders must be submitted electronically via
https://esourcing.waxdigital.co.uk/MAG/SignIn.aspx
one.6) Main activity
Airport-related activities
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
ID5158 Stansted and East Midlands Airports - Foreign Exchange Concession
Reference number
ID5158
two.1.2) Main CPV code
- 66180000 - Foreign exchange services
two.1.3) Type of contract
Services
two.1.4) Short description
Foreign Exchange and other financial services at Stansted and East Midlands Airports
two.1.5) Estimated total value
Value excluding VAT: £275,000,000
two.1.6) Information about lots
This concession is divided into lots: No
two.2) Description
two.2.2) Additional CPV code(s)
- 66110000 - Banking services
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
Main site or place of performance
Stansted Airport and East Midlands Airport
two.2.4) Description of the procurement
Providing Foreign Exchange and Banking Services to passengers flying from and into Stansted and East Midlands Airports.
two.2.5) Award criteria
Concession is awarded on the basis of the criteria stated in the procurement documents
two.2.6) Estimated value
Value excluding VAT: £275,000,000
two.2.7) Duration of the concession
Start date
1 April 2023
End date
31 March 2028
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
two.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 three. Legal, economic, financial and technical information
three.1) Conditions for participation
three.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions, indication of information and documentation required
Licence holders with the following Regulatory Authorities, Financial Conduct Authority and HMRC Money Service Business
Section four. Procedure
four.2) Administrative information
four.2.2) Time limit for submission of applications or receipt of tenders
Date
11 October 2022
Local time
12:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: No
six.2) Information about electronic workflows
Electronic ordering will be used
Electronic payment will be used
six.3) Additional information
(MT Ref:227430)
six.4) Procedures for review
six.4.1) Review body
Public Procurement Review Service
Cabinet Office
London
publicprocurementreview@cabinetoffice.gov.uk
Telephone
+44 3450103503
Country
United Kingdom
Internet address
https://www.gov.uk/government/publications/public-procurement-review-service-scope-and-remit
six.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)