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Tender: UK-London: banking and investment services

Mon, 23/08/2010 - 05:30
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UK-London: banking and investment services

2010/S 162-249841

CONTRACT NOTICE

Services

SECTION I: CONTRACTING AUTHORITY

SECTION II: OBJECT OF THE CONTRACT

  • II.1)
    DESCRIPTION
  • II.1.1)
    Title attributed to the contract by the contracting authority

    Banking services.

  • II.1.2)
    Type of contract and location of works, place of delivery or of performance

    Services

    Service category: No 6

    Main place of performance London Borough Newham, Newham Dockside, 1000 Dockside Road, London E16 2QU.

    NUTS code UKI21

  • II.1.3)
    The notice involves

    A public contract

    • II.1.4)
    Information on framework agreement

  • II.1.5)
    Short description of the contract or purchase(s)

    The London Borough of Newham is seeking applications from suitably qualified and experienced organisations who wish to tender for the provision of Banking Services.

    The Banking Services contract will include:

    — Delivery of comprehensive banking service involving maintenance of a large number of bank accounts,

    — Presentations of cheques,

    — Bank statements,

    — Processing of direct debits and credits,

    — Cash management and other activities associated with local authority banking business.

    Applicants will need to satisfy the council as to their financial viability and technical competence to carry out the service. Applicants must have the ability to provide a comprehensive range of money transmissions and associated services to cater for high volume banking business which conforms to APACS standards and which gives access to the UK clearing system.

  • II.1.6)
    Common procurement vocabulary (CPV)

    66100000, 66110000

  • II.1.7)
    Contract covered by the Government Procurement Agreement (GPA)

    Yes

  • II.1.8)
    Division into lots

    No

  • II.1.9)
    Variants will be accepted

    Yes

  • II.2)
    QUANTITY OR SCOPE OF THE CONTRACT
  • II.2.1)
    Total quantity or scope

    The current contract for the provision of banking services is due to terminate on 31.3.2011. The main objective of the provision of banking service is to ensure service continuity whilst achieving value for money for the council. The scope of the contract will be shown within the tender documents.

  • II.2.2)
    Options

    Yes

    description of these options: The contract will contain an option to extend, by agreement, for a period (or periods) of up to two years, thus potentially extending the term of the contract from 5 years to 7 years.

    provisional timetable for recourse to these options: in months: 48 (from the award of the contract)

  • II.3)
    DURATION OF THE CONTRACT OR TIME-LIMIT FOR COMPLETION

    Starting 1.4.2011. Completion 31.3.2016

SECTION III: LEGAL, ECONOMIC, FINANCIAL AND TECHNICAL INFORMATION

  • III.1)
    CONDITIONS RELATING TO THE CONTRACT

    • III.1.1)
    Deposits and guarantees required

  • III.1.2)
    Main financing conditions and payment arrangements and/or reference to the relevant provisions regulating them

    The Client shall pay all sums due to the contractor form the client within 30 days of a valid invoice submitted quarterly in arrears.

    • 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 to which the performance of the contract is subject

    Yes

    Under this contract a Contractor and its supply chain will be required to actively participate in the achievement of social and economic policy objects relating to recruitment and training together with supply chain initiatives and other similar initiatives. Accordingly contract performance conditions relate in particular to social and economic considerations.

  • III.2)
    CONDITIONS FOR PARTICIPATION
  • III.2.1)
    Personal situation of economic operators, including requirements relating to enrolment on professional or trade registers

    Information and formalities necessary for evaluating if requirements are met: (1) All candidates will be required to produce a certificate or declaration demonstrating that they are not bankrupt or the subject of an administration order, are not being wound-up, have not granted a trust deed, are not the subject of a petition presented for sequestration of their estate, have not had a receiver, manager or administrator appointed and are not otherwise apparently insolvent.

    (2) All candidates will be required to produce a certificate or declaration demonstrating that the candidate, their directors, or any other person who has powers of representation, decision or control of the candidate has not been convicted of conspiracy, corruption, bribery, or money laundering. Failure to provide such a declaration will result in the candidate being declared ineligible and they will not be selected to participate in this procurement process.

    (3) All candidates will be required to produce a certificate or declaration demonstrating that they have not been convicted of a criminal offence relating to the conduct of their business or profession.

    (4) All candidates will be required to produce a certificate or declaration demonstrating that they have not committed an act of grave misconduct in the course of their business or profession.

    (5) All candidates must comply with the requirements of the State in which they are established, regarding registration on the professional or trade register.

    (6) Any candidate found to be guilty of serious misrepresentation in providing any information required, may be declared ineligible and not selected to continue with this procurement process.

    (7) All candidates will have to demonstrate that they are licensed, or a member of the relevant organisation, in the State where they are established, when the law of that State prohibits the provision of the services, described in this notice, by a person who is not so licensed or who is not a member of the relevant organisation.

    (8) All candidates will be required to produce a certificate or declaration demonstrating that they have fulfilled obligations relating to the payment of taxes under the law of any part of the United Kingdom or of the relevant State in which the economic operator is established.

  • III.2.2)
    Economic and financial capacity

    Information and formalities necessary for evaluating if requirements are met: (1) All candidates will be required to provide evidence of relevant professional risk indemnity insurance.

    (2) All candidates will be required to provide statements of accounts or extracts from those accounts relating to their business.

    All candidates will be required to provide a statement, covering the 2 previous financial years including the overall turnover of the candidate and the turnover in respect of the activities which are of a similar type of the subject matter of this notice.

    Minimum level(s) of standards possibly required Appropriate FSA registration.

  • III.2.3)
    Technical capacity

    Information and formalities necessary for evaluating if requirements are met:

    (1) An indication of the proportion of the contract which the services provider intends possibly to subcontract.

    As defined within the tender documents.

    • III.2.4)
    Reserved contracts

    III.3)
    CONDITIONS SPECIFIC TO SERVICES CONTRACTS

    III.3.1)
    Execution of the service is reserved to a particular profession

    III.3.2)
    Legal entities should indicate the names and professional qualifications of the staff responsible for the execution of the service

SECTION IV: PROCEDURE

  • IV.1)
    TYPE OF PROCEDURE
  • IV.1.1)
    Type of procedure

    Open

    • IV.1.2)
    Limitations on the number of operators who will be invited to tender or to participate

    IV.1.3)
    Reduction of the number of operators during the negotiation or dialogue

  • IV.2)
    AWARD CRITERIA
  • IV.2.1)
    Award criteria

    The most economically advantageous tender in terms of the criteria stated in the specifications, in the invitation to tender or to negotiate or in the descriptive document

  • IV.2.2)
    An electronic auction will be used

    No

  • IV.3)
    ADMINISTRATIVE INFORMATION
  • IV.3.1)
    File reference number attributed by the contracting authority

    RES/FIN/2547/JD

    • IV.3.2)
    Previous publication(s) concerning the same contract

  • IV.3.3)
    Conditions for obtaining specifications and additional documents

    Time limit for receipt of requests for documents or for accessing documents 19.10.2010

  • IV.3.4)
    Time-limit for receipt of tenders or requests to participate

    19.10.2010 - 12:00

    • IV.3.5)
    Date of dispatch of invitations to tender or to participate to selected candidates

  • IV.3.6)
    Language(s) in which tenders or requests to participate may be drawn up

    English.

  • IV.3.7)
    Minimum time frame during which the tenderer must maintain the tender

    Until 18.1.2011

  • IV.3.8)
    Conditions for opening tenders

    Date: 19.10.2010 - 12:00

    Place

    London Borough Newham, Newham Dockside, 1000 Dockside Road, London E16 2QU.

SECTION VI: COMPLEMENTARY INFORMATION

    VI.1)
    THIS IS A RECURRENT PROCUREMENT

    VI.2)
    CONTRACT RELATED TO A PROJECT AND/OR PROGRAMME FINANCED BY EU FUNDS

  • VI.3)
    ADDITIONAL INFORMATION

    It is anticipated that the indicative value of the contract may total approximately 742 000 GBP.

    Interested parties are required to complete a business questionnaire which must be submitted with their tenders by the time and date shown on the etendering system NECTR, used for this tender process. The business questionnaire requests information on your firm’s technical capacity, economic/financial standing, and a track record in providing this service. Documents are now available to download from NECTR (http://nectr.newham.gov.uk/supplierselfservice/).

    Contractors will be appointed based on the Most Economically Advantageous Tender according to the criteria listed in the Tender documents.

    Newham Council use an e-tendering system that offers you the facility to receive and submit tenders. To obtain the tender document you must be registered on NECTR (Newham’s Electronic Contract and Tendering Resource). If you are not registered please use the web address below:

    http://nectr.newham.gov.uk/supplierselfservice/

    For further instructions on how to register please download the "NECTR-Quick Start Guide for Suppliers" which is available on the homepage. Once you have registered, ensure that you include category code: 84120000 – Banking and Investment in your company’s profile.

    Once you have registered your organisation, you will be required to verify by use of an automated email. Verification will enable you to view the NECTR bulletin board which displays tender opportunities from which you can select those of interest and this reference RES/FIN/2547/JD.

    All tenders and supporting documents must be submitted via the Council’s NECTR electronic tendering system by the time and date shown on the etendering system NECTR. Submissions may be downloaded, amended and reloaded up to the closing time and date.

    If you have any queries regarding the tender documents, please contact the ‘Tender Manager’ using the ‘Raise a clarification question’ facility on NECTR.

    If you have any difficulties accessing NECTR or any other system-related queries, please e-mail these to eprocurement@newham.gov.uk or call on the NECTR service line on Tel: +40 2033738350 which can be accessed daily between 9:00 to 17:00.

    (MT Ref:78623).

  • VI.4)
    PROCEDURES FOR APPEAL

    • VI.4.1)
    Body responsible for appeal procedures

  • VI.4.2)
    Lodging of appeals

    Precise information on deadline(s) for lodging appeals: The London Borough of Newham will incorporate a minimum standstill period as set out on paragraph 32 of the Public Contracts Regulations 2006 and paragraph 32A of the 2009 Amendment Regulations at the point when information on the award of the contract is communicated to all candidates and tenderers. Any appeal will be in accordance with Part 9 (Applications to the Court) of the aforesaid Regulations and subject to the jurisdictions of the UK Court. Such additional information should be required from The Strategic Procurement Unit via NECTR etendering system.

    • VI.4.3)
    Service from which information about the lodging of appeals may be obtained

  • VI.5)
    DATE OF DISPATCH OF THIS NOTICE:

    19.8.2010