ID 3151653 Banking Services for the NICS and Public Sector Bodies

Concepts

• banking services
• public sector bodies
• belfast
• construction and procurement delivery
• northern ireland civil service
• participating bodies
• investment banking
• list of these bodies
• provision of banking services
• behalf of northern ireland civil service

Location

Northern Ireland:

Description

Construction and Procurement Delivery (CPD) intends to establish a collaborative Framework Agreement (Framework) for the provision of Banking Services within Northern Ireland on behalf of Northern Ireland Civil Service (NICS) Departments, Agencies and Non Departmental Public Bodies and other Participating Bodies (Contracting Clients), see Annex A for a list of these bodies. CPD will set up a 5 year single supplier Framework Agreement, commencing from 1 April 2022, which will allow public sector bodies to establish Contracts with the successful Supplier to provide their banking services. For the purpose of this Framework “Banking Services” will entail the servicing of a range of bank account types, varying payment and receipt methods, local banking facilities and access to an internet banking system. The main details of the banking requirements are described in the Specification.

Total Quantity or Scope

Additional information: The Contracting Authority reserves the right to award the Framework following submission of Initial Tender Responses and the right to down-select Economic Operators following each round of negotiations.. . Please note the list in Annex A has been compiled of all users who have been engaged with to ascertain estimated usage and values. The potential value of the Framework has been devised through engagement with the beneficiaries and best endeavours have been made to include all users who have indicated they anticipate spending through this Framework during its lifetime. Throughout the lifetime of the contract CPD reserves the right to add participating bodies for example were a new body is formed / renaming of an existing body, new legislation requires an existing body to commence collecting fund not know at the inception of the Framework or indeed where duties are transferred between bodies.

CPV Codes

• 66110000 - Banking services
• 66120000 - Investment banking services and related services
• 66100000 - Banking and investment services

Indicators

• This is a one-off contract (no recurrence)
• Renewals are not available.
• Professional qualifications are sought.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** The Contracting Authority reserves the right: to hold additional rounds of negotiations with Economic Operators; to require the.. submission of any further or additional information or tender submissions; to award the Framework following the submission of initial tenders; to award the Framework following conclusion of the first round of negotiation sessions; and/or to down-select Economic Operators following each round of negotiations. For the avoidance of doubt, final tenders will not be subject to any negotiation with the Contracting Authority (however, they may be subject to clarification, if required, at the Contracting Authority’s absolute discretion). The Contracting Authority reserves the right: to reject any or all SQ or tender responses and to cancel or withdraw the procurement process at any stage; to award a contract without prior notice; to change the basis of, the procedure and the timescales set out or referred to in the procurement documents; to require an Economic Operator to clarify its SQ or tender response in writing and/or provide additional information; to terminate the procurement process; and/or to amend the terms and conditions of the SQ or tender evaluation process or negotiation process. •The Contracting Authority does not bind itself to accept the lowest or any tender. •Economic Operators remain responsible for all costs and expenses incurred by them or by any third party acting under instructions from the Economic Operator in connection with taking part in this procurement process, regardless of whether such costs arise as a consequence, directly or indirectly, of any amendments made to the procurement documents by the Contracting Authority at any time. No legally binding contract shall arise (and an Economic Operator shall have no legitimate expectation that a contract will be entered into) until such time as entry into the Framework has been confirmed by the Contracting Authority. Economic Operators should note that all dates, time periods and figures. in relation to values and volumes specified in this notice and the procurement documents are approximate only and the Contracting Authority reserves the right to change any or all of them. The pricing strategy applied and the setting of cost/profit. margins are a commercial decision for economic operators when submitting a bid for this competition. In addition, neither CPD nor the participating bodies can provide any guarantee as to the level of business under this contract. The successful contractor’s performance will be regularly monitored. Contractors not delivering on contract requirements is a serious matter. It means the public purse is not getting what it is paying for. If a Contractor fails to reach satisfactory levels of contract performance they will be given a specified time to improve. If, after the specified time, they still fail to reach satisfactory levels of contract performance, the matter will be escalated to senior management in CPD for further action. If this occurs and their performance still does not improve to satisfactory levels within the specified period, it may be regarded as an act of grave professional misconduct and they may be issued with a Notice of Unsatisfactory Performance and the contract may be terminated. The issue of a Notice of unsatisfactory Performance will result in the Contractor being excluded from all procurement competitions being undertaken by Centres of Procurement Expertise on behalf of bodies covered by the Northern Ireland. Procurement Policy for a period of twelve months from the date of issue of the Notice. This Framework will not be awarded in Lots as a single supplier is required.