Post Office Financial and Banking Services Sub-Contract
Managed Services to Support Post Office Counter Pension and Benefit Payments.
United Kingdom-London: Financial and insurance services
Section I: Contracting authority
I.1)Name, addresses and contact point(s)
Post Office Limited
148 Old Street
For the attention of: Phillip J. Clark
EC1V 9HQ London
General address of the contracting authority: http://www.thepostoffice.co.uk
Address of the buyer profile: http://www.thepostoffice.co.uk
Further information can be obtained from: The above mentioned contact point(s)
Specifications and additional documents (including documents for competitive dialogue and a dynamic purchasing system) can be obtained from: The above mentioned contact point(s)
Tenders or requests to participate must be sent to: The above mentioned contact point(s)
I.2)Type of the contracting authority
I.4)Contract award on behalf of other contracting authorities
Section II: Object of the contract
II.1.1)Title attributed to the contract by the contracting authority:
II.1.2)Type of contract and location of works, place of delivery or of performance
Service category No 6: Financial services a) Insurances services b) Banking and investment services
Main site or location of works, place of delivery or of performance: UK.
II.1.3)Information about a public contract, a framework agreement or a dynamic purchasing system (DPS)
II.1.5)Short description of the contract or purchase(s)
The contract will contain mandatory conditions requiring all Personal Data to be held and processed within the UK.
II.1.6)Common procurement vocabulary (CPV)
66000000, 79512000, 79999100, 79000000, 66110000, 72000000
II.1.7)Information about Government Procurement Agreement (GPA)
II.1.9)Information about variants
II.2.1)Total quantity or scope:
Estimated value excluding VAT:
Range: between 45 000 000 and 200 000 000 GBP
II.2.2)Information about options
Description of these options: The contract shall have an initial term of 6 years. Post Office reserves the right to extend the contract on one or more occasions up to a maximum total term of 10 years.
Provisional timetable for recourse to these options:
in months: 72 (from the award of the contract)
II.2.3)Information about renewals
II.3)Duration of the contract or time limit for completion
Section III: Legal, economic, financial and technical information
III.1.1)Deposits and guarantees required:
III.1.3)Legal form to be taken by the group of economic operators to whom the contract is to be awarded:
III.1.4)Other particular conditions
Description of particular conditions: The service provider may be asked to actively participate in the achievement of social and/or environmental policy objectives. Accordingly contract performance conditions in particular may relate to social and/or environmental considerations.
III.2.1)Personal situation of economic operators, including requirements relating to enrolment on professional or trade registers
III.2.2)Economic and financial ability
Minimum level(s) of standards possibly required: Applicants will be assessed in accordance with Part 4 of the Public Contract regulations 2006 (as amended); please see PQQ for further information.
Applicants will be assessed in accordance with Part 4 of the Public Contract regulations 2006 (as amended); please see PQQ for further information.
III.3.1)Information about a particular profession
Reference to the relevant law, regulation or administrative provision: The provision of the services is restricted to:
(i) institutions authorised under Part 4A of the Financial Services and Markets Act 2000 which are able to accept deposits;
(ii) UK building societies incorporated under the Building Societies Act 1986 which are able to provide corporate banking facilities; or;
(iii) any credit institution authorised in another EU member state which provides banking services in the UK pursuant to the Financial Services and Markets Act 2000.
If the Applicant does not meet any of the above criteria itself (including via one or more consortium members, if applicable), then the Applicant must nominate one or more suitably qualified subcontractor(s) who meet at least one of the above criterion and who will be responsible for providing the regulated financial services in the event the Applicant is successfully appointed.
III.3.2)Staff responsible for the execution of the service
Section IV: Procedure
IV.1.1)Type of procedure
IV.1.2)Limitations on the number of operators who will be invited to tender or to participate
Objective criteria for choosing the limited number of candidates: Bidders will be evaluated in accordance with the criteria set out in the procurement documentation.
IV.1.3)Reduction of the number of operators during the negotiation or dialogue
IV.2.2)Information about electronic auction
IV.3.2)Previous publication(s) concerning the same contract
IV.3.3)Conditions for obtaining specifications and additional documents or descriptive document
IV.3.4)Time limit for receipt of tenders or requests to participate
IV.3.6)Language(s) in which tenders or requests to participate may be drawn up
IV.3.7)Minimum time frame during which the tenderer must maintain the tender
IV.3.8)Conditions for opening of tenders
Section VI: Complementary information
VI.1)Information about recurrence
VI.2)Information about European Union funds
Suppliers Instructions How to Express Interest in this Tender~:
1. Register your company on the eSourcing portal (this is only required once) — Browse to the eSourcing Portal: https://postoffice.bravosolution.co.ukand click the link to register — Accept the terms and conditions and click ‘continue’ — Enter your correct business and user details — Note the user-name you chose and click ‘Save’ when complete — You will shortly receive an email with your unique password (please keep this secure);
2. Express an Interest in the tender — Login to the portal with the user-name/password — Click the ‘PQQs/ITTs Open To All Suppliers’ link. (These are Pre-Qualification Questionnaires or Invitations to Tender open to any registered supplier) — Click on the relevant PQQ/ITT to access the content. — Click the ‘Express Interest’ button at the top of the page. — This will move the PQQ/ITT into your ‘My PQQs/My ITTs’ page. (This is a secure area reserved for your projects only) — You can now access any attachments by clicking ‘Buyer Attachments’ in the ‘PQQ/ITT Details’ box;
3. Responding to the tender — Click ‘My Response’ under ‘PQQ/ITT Details’, you can choose to ‘Create Response’ or to ‘Decline to Respond’ (please give a reason if declining) — You can now use the ‘Messages’ function to communicate with the buyer and seek any clarification — Note the deadline for completion, then follow the on-screen instructions to complete the PQQ/ITT — There may be a mixture of on-line and off-line actions for you to perform (there is detailed on-line help available). You must then submit your reply using the ‘Submit Response’ button at the top of the page. If you require any further assistance please consult the on-line help, or contact the eTendering help desk.
In accordance with the Public Services (Social Value) Act 2012 Post Office must consider:
(a) how what is proposed to be procured might improve the economic, social and environmental well-being of the area where it exercises its functions, and;
(b) how in conducting the process of procurement it might act with a view to securing that improvement.
Accordingly, the subject matter of the contract has been scoped to take into account the priorities of Post Office relating to economic, social and environmental well-being. These priorities will also be reflected in the evaluation criteria for the award of the contract, to the extent that Post Office considers it relevant and proportionate to the subject matter of the contract.
VI.4.2)Lodging of appeals
VI.5)Date of dispatch of this notice: