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Find a Tender Service (UK Cabinet Office / Crown Commercial Service) verified 2 days ago Contract notice

L26036-T-JW Foreign Exchange Tender

Open United Kingdom

Buyer London Luton Airport Operations Limited

2 days left

Key facts

Closes
12:00 (UTC)
View the official notice Watch this tender

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Summary

Machine-generated summary

London Luton Airport Operations Limited is seeking to appoint a partner for a foreign exchange concession. The successful bidder must provide high-quality, innovative, and customer-focused currency exchange services. The service must demonstrate operational excellence and value for money while enhancing the passenger experience for approximately 19 million travelers per year. The contract has a maximum term of five years, with options for three, four, or five-year durations. The anticipated start date is February 2027. This is a two-stage procurement process involving a Pre-Qualification Questionnaire followed by a Request for Bid. Documents are available on the Jaggaer portal.

Timing

4 days from publication to deadline. Usual length in United Kingdom: 12 days. Shorter than usual

  1. Published
  2. Today
  3. Deadline
  4. Awarded pending
More figures

Notices of this kind (United Kingdom) give a median of 12 days, half of them between 7 and 15 days, based on 65 notices of the last two years. Fewer days than three in four comparable notices. Check the documents early and ask questions before the clarification deadline.

Description

London Luton Airport Operations Limited (“LLA”) is voluntarily advertising this opportunity through Find a Tender solely to enhance the profile and visibility of the opportunity. LLA does not consider to be subject to the Procurement Act 2023 and publication of this notice does not constitute an acceptance that the Procurement Act 2023 applies to LLA or to this procurement. London Luton Airport (LLA) is seeking to appoint a Foreign Exchange (FX) concession partner to deliver an innovative and customer-focused FX service. Bidders must demonstrate their ability to provide high-quality service, operational excellence, value for money, and an enhanced passenger experience for approximately 19 million passengers per annum. The concession will have a maximum term of five (5) years. Bidders may submit their proposal on the basis of a three (3), four (4) or five (5) year contractual term, in accordance with the break and notice provisions set out in the procurement documents. Please note that the duration stated further below in this notice represents the maximum contract term available for bidders to select. The anticipated commencement date is February 2027. This is a two-stage procurement process. Applicants successfully completing the Pre-Qualification Questionnaire (PQQ) stage will be invited to participate in the Request for Bid (RFB) stage. The procurement documents are available via the Jaggaer eProcurement portal.

Bid or no-bid?

1 of 6 answered from the register

Six questions before you commit a team. Under each one, what the register holds on it. The answers are yours.

  1. Your call:

    Do we meet every eligibility criterion?

    The register holds nothing on this. The official documents will.

  2. Your call:

    Can we deliver this with the team we have?

    The register holds nothing on this. The official documents will.

  3. Your call:

    Do we have two comparable references?

    The register holds nothing on this. The official documents will.

  4. Check this first:

    Is the deadline realistic for a proper offer?

    2 days left.

  5. Your call:

    Is there a margin at the likely winning price?

    The register holds nothing on this. The official documents will.

  6. Your call:

    Do we know this buyer?

    The register holds nothing on this. The official documents will.

Official source

Source: Find a Tender Service (UK Cabinet Office / Crown Commercial Service)

Always verify details on the official notice.

Last verified against Find a Tender Service (UK Cabinet Office / Crown Commercial Service) 2 days ago

Documents on Find a Tender Service (UK Cabinet Office / Crown Commercial Service) (English)

London Luton Airport Operations Limited

United Kingdom

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The buyer in figures

London Luton Airport Operations Limited

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