# Banking Services

> Tender notice from UK public-sector procurement sources.

## Key facts

- Public buyer: [Pension Protection Fund](/buyers/pension-protection-fund/contract-awards)
- Tender value: £205,500
- Published: 11 October 2018
- Planned start: 11 December 2018
- Planned end: 10 December 2022
- Stage: open_tender
- Procurement category: services
- Notice ID: f03a6cbb-28b0-4ab6-a9db-c8b2b18f376a-245788
- OCID: ocds-b5fd17-aa395a66-557b-4f9c-9133-cbf56a2bd27a

## Description

The contract for the provision of Banking Services \("The Services"\) is being tendered by the Board of the Pension Protection PPF \("The PPF"\) in accordance with the Public Contracts Regulations 2015 under the Open Procedure\. The PPF requires a UK clearing bank to provide a full range of clearing bank services\. The Contract will commence in December 2018/January 2019 and will be awarded for a period of four years from the Services Commencement Date \("the Initial Contract Term"\)\. The Contract may be extended on the same terms and conditions at the PPF's option for a further period or periods not exceeding six years in total\. The maximum duration of the Contract Term will therefore be 10 years from the Services Commencement Date\. Additional information: The procurement documents are available for unrestricted and full direct access, free of charge, at https://ppf\.bravosolution\.co\.uk

## Related contract awards

- [International Payment Services 2026](/contracts/ocds-b5fd17-9db6af29-5cb8-403c-bbdf-e95bd15c8c31): Pension Protection Fund
- [Information and Cyber Security Services](/contracts/ocds-b5fd17-9d99a6a8-a21a-4487-9385-b6398abc3c5a): Pension Protection Fund
- [Workforce Solutions](/contracts/ocds-b5fd17-96fd511c-ed4e-47a7-8c41-7213ff0f1ac6): Pension Protection Fund

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/f03a6cbb-28b0-4ab6-a9db-c8b2b18f376a-245788)