Banking and Cash Management, International Oyster (Smartcard) Refund Payments and Securities (Custodian and Settlement) Services
Transport for LondonEstimated Value
Up to £3,500,000
Deadline
31 May 2019
Published
7 May 2019
Type
services
Overview
Transport for London (TfL) as the Contracting Authority is putting Contract(s) in place for: i) Banking and Cash Management, ii) International Oyster (Smartcard) Refund Payments; and, iii) Securities (Custodian and Settlement) Services. Each will be in place for five (5) years, with an option to extend one or more of the Contracts for up to a further two (2) years, at the sole discretion of TfL.
This is to be conducted in accordance with the Competitive Procedure with Negotiation under Directive 2014/24/EU on the award of public sector contracts, as implemented in the UK by the Public Contracts Regulations 2015. This procurement is being conducted in accordance with TfL's drive to deliver best value whilst meetings its' own requirements.
As the end of this procurement process, TfL may choose to award a contract / contracts. Any contract / contracts which TfL awards will be to the tenderer(s), who submitted the most economically advantageous tender(s) (MEAT).
Regulations cited
- Public Contracts Regulations 2015
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Transport for LondonKey Dates
Published
7 May 2019
Submission deadline
31 May 2019
Notice type
tender
Source
contracts finder
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