Banking and investment services | Tenderlake

Banking and investment services

Contract Value:
GBP 600K - 800K
Notice Type:
Contract Notice
Published Date:
10 October 2013
Closing Date:
03 December 2013
Location(s):
UK UNITED KINGDOM
Description:

The Scottish Ministers acting through Scottish Procurement (herein referred to as 'the Authority') require a framework agreement for the provision of Banking Services throughout Scotland.

The framework agreement will be available for central government organisations to use (herein referred to as the 'Collaborative Partners').

The framework agreement will be available for use by the Scottish Ministers (including Agencies), Scottish Non-Departmental Public Bodies, offices in the Scottish Administration which are not ministerial offices, cross-border public authorities within the meaning of section 88(5) of the Scotland Act 1998, the Scotland Office, the Scottish Parliamentary Corporate Body, the Scottish Fire and Rescue Service, the Scottish Police Authority, Scottish National Park authorities, Scottish health boards or special health boards, Student Loans Company Limited, the Forestry Commission, the Commissioner of Northern Lighthouse operating as the Northern Lighthouse Board, Scottish Futures Trust, Equality and Human Rights Commission, Business Stream Ltd, any public body established by or under the Scotland Act 1998 or any Act of the Scottish Parliament, any association of or formed by one or more of the foregoing, bodies financed wholly or mainly by one or more of the foregoing, bodies subject to management supervision by one or more of the foregoing and bodies more than half of the board of directors or members of which, or, in the case of a group of individuals, more than half of those individuals, being appointed by one or more of the foregoing.

Information about agencies of the Scottish Ministers and offices in the Scottish Administration which are not ministerial offices is available at:

http://www.scotland.gov.uk/About/Information/FOI/19260/18085

http://www.scotland.gov.uk/About/Information/FOI/19260/18095

Scottish Non-Departmental Public Bodies are listed at:

http://www.scotland.gov.uk/Topics/Government/public-bodies/about/Bodies

Information about the Review of Public Procurement in Scotland and links to the other Centres of Expertise are available at:

http://www.scotland.gov.uk/Topics/Government/Procurement

The Authority requires successful Contractors to provide comprehensive core banking services to fulfil the current and evolving needs of the Collaborative Partners.

Collaborative Partners that use the services being provided will operate various bank accounts, but these may reduce or increase as their banking and accounting arrangements are revised. The main bank accounts that will be required are as follows:

Current Accounts

Investment Accounts

Deposit Accounts

Foreign Currency Accounts

Some bodies may decide to move towards Virtual Accounts during the period covered by the framework agreement.

Out of Scope

Merchant Acquiring Banking is not in scope of this framework agreement.

The successful Contractor will provide a comprehensive core banking service requested by Collaborative Partners. Which may include but are not limited to:

PAYMENT METHODS

BACS

Cheque

CHAPS

Direct Debits

Faster Payments (including future-dated Faster Payments)

Foreign Draft

Foreign Transfer

GIRO Credits

Internal Transfer

EURO Transfer

Standing Orders

RECEIPTS

Cheque

Returned BACS

Faster Payments

CHAPS

Direct Debits

GIRO Credits

Internal Transfer

Coin paid in via Bank

Coin paid in via Cash Centre

Notes paid in via Bank

Notes paid in via Cash Centre

Pay Point terminals

Payments from merchant acquiring providers

Standing Orders

OTHER SERVICES

Branch encashment facilities

Branch deposit boxes

Night safe facilities

Treasury management

ELECTRONIC SYSTEMS

Online banking system

Online treasury management

Account opening and management

NOTE: The authority is using PCS-Tender to carry out this procurement process. Please note this is a separate website and if you are not already registered, registration will be required

To access PCS-Tender, record your interest in this notice and access the tender documentation please visit https://www.publictendersscotland.publiccontractsscotland.gov.uk and search for project Code Project_1335 within the appropriate area.

If you have already registered on Public Contracts Scotland and PCS-Tender and paired your accounts you can access PCS-Tender through your Public Contracts Scotland Control Panel.

Download full details as .pdf
The Buyer:
The Scottish Ministers acting through Scottish Procurement
CPV Code(s):
66100000 - Banking and investment services
66110000 - Banking services
66115000 - International payment transfer services
66120000 - Investment banking services and related services