Tender

Agreement for Banking Services

  • Liverpool John Moores University

F02: Contract notice

Notice identifier: 2024/S 000-034824

Procurement identifier (OCID): ocds-h6vhtk-04b1c5

Published 28 October 2024, 11:20am



Section one: Contracting authority

one.1) Name and addresses

Liverpool John Moores University

Liverpool

Email

PurchaseOrderQueries@ljmu.ac.uk

Country

United Kingdom

Region code

UKD72 - Liverpool

Charity Commission (England and Wales)

LJMU

Internet address(es)

Main address

www.ljmu.ac.uk

one.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 above-mentioned address

Tenders or requests to participate must be submitted electronically via

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

one.4) Type of the contracting authority

Other type

Education

one.5) Main activity

Education


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Agreement for Banking Services

Reference number

LJMU 2414

two.1.2) Main CPV code

  • 66110000 - Banking services

two.1.3) Type of contract

Services

two.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.

two.1.5) Estimated total value

Value excluding VAT: £9,000,000

two.1.6) Information about lots

This contract 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
  • UKD7 - Merseyside
Main site or place of performance

Liverpool

two.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

two.2.5) Award criteria

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

two.2.6) Estimated value

Value excluding VAT: £9,000,000

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

Duration in months

60

This contract is subject to renewal

No

two.2.10) Information about variants

Variants will be accepted: No

two.2.11) Information about options

Options: No

two.2.12) Information about electronic catalogues

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

two.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 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

as per tender pack

three.1.2) Economic and financial standing

Selection criteria as stated in the procurement documents


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Open procedure

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

The procurement is covered by the Government Procurement Agreement: No

four.2) Administrative information

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

Date

27 November 2024

Local time

12:00pm

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

English

four.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)

four.2.7) Conditions for opening of tenders

Date

27 November 2024

Local time

12:30pm


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 invoicing will be accepted

Electronic payment will be used

six.4) Procedures for review

six.4.1) Review body

LJMU Legal Services

Liverpool

Country

United Kingdom