The University of Ulster tenderered for banking services which will address all aspects of day to day banking including foreign exchange, investment, and credit and debit card merchant services.The University is seeking to develop efficient and ...

Contract award notice


Directive 2004/18/EC

Section I: Contracting authority

I.1)Name, addresses and contact point(s)

University of Ulster
Room J803, Cromore Road, Co Londonderry
Contact point(s):
For the attention of: Ronan Rafferty
BT52 1SA Coleraine
Telephone: +44 2870124239
Fax: +44 2870124933

Internet address(es):

General address of the contracting authority:

Address of the buyer profile:

I.2)Type of the contracting authority
Other: Higher Education
I.3)Main activity
I.4)Contract award on behalf of other contracting authorities
The contracting authority is purchasing on behalf of other contracting authorities: no

Section II: Object of the contract

II.1.1)Title attributed to the contract
Banking services contract.
II.1.2)Type of contract and location of works, place of delivery or of performance
Service category No 6: Financial servicesa)Insurances services b)Banking and investment services
Main site or location of works, place of delivery or of performance: Belfast, Coleraine, Londonderry, Jordanstown.

NUTS code UKN0

II.1.3)Information about a framework agreement or a dynamic purchasing system (DPS)
II.1.4)Short description of the contract or purchase(s)
The University of Ulster tenderered for banking services which will address all aspects of day to day banking including foreign exchange, investment, and credit and debit card merchant services.
The University is seeking to develop efficient and cost-effective banking arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations. It is looking for relationships with an organisation in which it can be confident. It is envisaged that the term of the appointment will be for five years initially, with an option to extend for a further five year period, subject to satisfactory performance and supplier review.
II.1.5)Common procurement vocabulary (CPV)


II.1.6)Information about Government Procurement Agreement (GPA)
The contract is covered by the Government Procurement Agreement (GPA): yes
II.2)Total final value of contract(s)
II.2.1)Total final value of contract(s)
Lowest offer 100 000 and highest offer 160 000 GBP
Excluding VAT

Section IV: Procedure

IV.1)Type of procedure
IV.1.1)Type of procedure
IV.2)Award criteria
IV.2.1)Award criteria
The most economically advantageous tender in terms of
1. Meet stated business requirements and minimum service levels in an efficient, flexible and timely manner. Weighting 30
2. Cost. Weighting 20
3. Enable smooth transition and quick implementation of a robust service.. Weighting 20
4. Provide a high quality corporate customer service on an on-going basis and value added services. Weighting 20
5. Provide a technically stable foundation for the future, in terms of systems compatibility and IT innovation. Weighting 10
IV.2.2)Information about electronic auction
An electronic auction has been used: no
IV.3)Administrative information
IV.3.1)File reference number attributed by the contracting authority
FIN/100399- 25/06/10
IV.3.2)Previous publication(s) concerning the same contract

Section V: Award of contract

Contract No: FIN/100399- 25/06/10 Lot title: Banking services (ITT).
V.1)Date of contract award decision:
V.2)Information about offers
Number of offers received: 2
V.3)Name and address of economic operator in favour of whom the contract award decision has been taken

Bank of Ireland Corporate Banking
1 Donegall Square South
BT1 5LR Belfast
Telephone: +44 2890433680

V.4)Information on value of contract
Total final value of the contract:
Lowest offer 100 000 and highest offer 160 000 GBP
Excluding VAT
V.5)Information about subcontracting
The contract is likely to be sub-contracted: no

Section VI: Complementary information

VI.1)Information about European Union funds
The contract is related to a project and/or programme financed by European Union funds: no
VI.2)Additional information:
VI.3)Procedures for appeal
VI.3.1)Body responsible for appeal procedures
VI.3.2)Lodging of appeals
Precise information on deadline(s) for lodging appeals: The University 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 for a minimum of 10 calendar days, provides time for unsuccessful tenderers to challenge the award decision before the contract is entered into.
The Public Contracts Regulations 2006 (SI 2006 No 5) 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).
VI.3.3)Service from which information about the lodging of appeals may be obtained
VI.4)Date of dispatch of this notice: