Scope
Description
Starting on the 23rd of September at 12:00Noon Abri will launch a tender to locate a supplier to cover the following requirements:
Post combination with Silva, there are 12 main entities within the Abri group. Using around 159 bank accounts which it currently operates. Most are wholly owned, however some are Joint Ventures. 139 accounts are sinking funds which are used for major estate or building repairs. These accounts are funded by leaseholders and from accounts within the group which collect rent.
Abri use Open Accounts accounting system and EBIS, Open Housing and Selfserve for invoice approvals, which then feeds into Open accounts in order to create payment runs for invoices due and approved.
Payment and collection types including transaction volumes are included in Appendix A. The group is not directly exposed to exchange rate movements in any currency
The Group has separate receivable and payables accounts. There are same entity sweeps daily to zero balance the receivable accounts and payable accounts with funds sweeping to the main accounts for Abri and Swaythling, however there is no cash pooling or sweeping between entity accounts currently
Currently Abri use the bank online portal's to obtain bank statements for most of the accounts with some being sent via email where an entity is not a party to the online banking platform.
Total value (estimated)
- £600,000 excluding VAT
- £7,199,999 including VAT
Above the relevant threshold
Contract dates (estimated)
- 1 March 2026 to 1 March 2032
- 6 years, 1 day
Main procurement category
Services
CPV classifications
- 66110000 - Banking services
- 66170000 - Financial consultancy, financial transaction processing and clearing-house services
Contract locations
- UKC - North East (England)
- UKD - North West (England)
- UKF - East Midlands (England)
- UKG - West Midlands (England)
- UKH - East of England
- UKJ - South East (England)
- UKK - South West (England)
Submission
Enquiry deadline
3 October 2025, 12:00pm
Submission type
Tenders
Tender submission deadline
23 October 2025, 12:00pm
Submission address and any special instructions
All responses to be submitted digitally via In-Tend at https://in-tendhost.co.uk/abri/aspx/Home
Tenders may be submitted electronically
Yes
Languages that may be used for submission
English
Award decision date (estimated)
28 November 2025
Award criteria
| Name | Description | Type |
|---|---|---|
| Simple description | The Award Criteria can be found within the CFP with the following titles: Receivables Criteria Payments Criteria Cash Management Criteria Ancillary Criteria |
Price |
Weighting description
The Award Criteria can be found within the CFP with the following titles:
Receivables Criteria
Payments Criteria
Cash Management Criteria
Ancillary Criteria
Other information
Payment terms
30days Post Valid Invoice
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Competitive flexible procedure
Competitive flexible procedure description
Post combination with Silva, there are 12 main entities within the Abri group. Using around 159 bank accounts which it currently operates. Most are wholly owned, however some are Joint Ventures. 139 accounts are sinking funds which are used for major estate or building repairs. These accounts are funded by leaseholders and from accounts within the group which collect rent.
Abri use Open Accounts accounting system and EBIS, Open Housing and Selfserve for invoice approvals, which then feeds into Open accounts in order to create payment runs for invoices due and approved.
Payment and collection types including transaction volumes are included in Appendix A. The group is not directly exposed to exchange rate movements in any currency
The Group has separate receivable and payables accounts. There are same entity sweeps daily to zero balance the receivable accounts and payable accounts with funds sweeping to the main accounts for Abri and Swaythling, however there is no cash pooling or sweeping between entity accounts currently
Currently Abri use the bank online portal's to obtain bank statements for most of the accounts with some being sent via email where an entity is not a party to the online banking platform.
Contracting authority
The Swaythling Housing Society Ltd (Trading as Abri)
- Mutuals Public Register: 10237R
Collins House, Bishopstoke Road
Eastleigh
SO50 6AD
United Kingdom
Region: UKJ35 - South Hampshire
Organisation type: Public authority - sub-central government