Banking intermediation service for the Institute of Youth’s current accounts

Summary

The Institute of Youth is procuring the banking intermediation and management of four current accounts as a single integrated service: an account for payroll, one for collecting income, and accounts for the Institute’s and its youth centre’s operating expenses. The service includes payments and transfers, processing incoming funds, cash handling and installing a payment terminal at the youth centre. The contract is not divided into lots; it is due to run from 1 January 2027 until 31 December 2029, with two possible one-year extensions. The budget is EUR 8,470 including VAT, and the estimated contract value is EUR 14,000 excluding VAT.