Published date: 26 July 2024

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 27 May 2024, 5pm

Contract summary

Industry

  • Credit cards - 30161000

  • Corporate finance and venture capital services - 66122000

Location of contract

Any region

Value of contract

£60,000

Procurement reference

tender_436094/1388238

Published date

26 July 2024

Closing date

27 May 2024

Closing time

5pm

Contract start date

12 July 2024

Contract end date

9 July 2027

Contract type

Service contract

Procedure type

Competitive quotation (below threshold)

The buyer selects a group of potential suppliers to invite to tender.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

Department for Transport provision of Procurement Card Services - procured via a further competition utilising CCS' Payment Solutions 2 Framework (RM6248), Lot 1 Procurement Cards.

For transparency purposes, the nature of this service if for the Department and it's agencies to access lodged, virtual and (limited) physical card solutions to buy common goods and services.

Spend is non-committal and purely subject to business need. This arrangement works on an annual rebate structure based on spend and is paid retrospectively.

The approximately £60k figure is allocated for potential fee charges for the duration of this contract.

More information

Attachments

Award information

Awarded date

12 July 2024

Contract start date

12 July 2024

Contract end date

9 July 2027

Total value of contract

£60,000

This contract was awarded to 1 supplier.

National Westminster Bank (NatWest)

Address

250 Bishopsgate, London, EC1M 4AA

Reference

No reference - other

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Costaki Costi MCIPS

Address

Great Minster House, 33 Horseferry Road
London
SW1P 4DR
England

Telephone

07977435445

Email

costaki.costi@dft.gov.uk