Award

2526-0047 General Banking Services

ISLINGTON COUNCIL

This public procurement record has 1 release in its history.

Award

16 Feb 2026 at 10:51

Award Notice
Summary of the contracting process

The procurement process led by Islington Council pertains to the acquisition of general banking services under the NEPO Framework NEPO531. This contract, valued at £560,000, falls within the industry category of banking and investment services, with services primarily to be delivered in England, United Kingdom. The tender period concluded on 5th December 2025, with the contract award granted on 16th February 2026. The services are to be provided by Lloyds Banking Group, with a contract duration from 1st April 2026 till 31st December 2033. This procurement is currently in the award stage.

This tender presents significant growth opportunities for large-scale banking enterprises capable of offering comprehensive services in the finance sector. Although the procurement method was identified as ‘Other,’ it underscores a competitive process for established banking organisations with the capacity to handle long-term service contracts like the one awarded to Lloyds Banking Group. SMEs and VCSE entities may find participation challenging due to size and resource expectations. Large entities looking to expand their footprint in the public sector could find this tender particularly lucrative, given the substantial contract value and extended service period.

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Notice Information

Notice Title

2526-0047 General Banking Services

Notice Description

Islington Council are conducting a Mini Competition through NEPO Framework NEPO531 - General Banking Services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0f4bc334-b555-4928-9a8a-b79a3141578e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/97cc0d35-bfce-48a5-89af-b1f9304498e4
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66100000 - Banking and investment services

Notice Value(s)

Tender Value
£560,000 £500K-£1M
Lots Value
Not specified
Awards Value
£560,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
16 Feb 20261 weeks ago
Submission Deadline
5 Dec 2025Expired
Future Notice Date
Not specified
Award Date
16 Feb 20261 weeks ago
Contract Period
31 Mar 2026 - 21 Dec 2033 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
ISLINGTON COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
N1 2UD
Post Town
North London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Islington
Electoral Ward
St Mary's & St James'
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANKING GROUP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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