Award

Banking Services Contract

WIRRAL BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

Award

30 Aug 2022 at 08:19

Award Notice
Tender

10 Feb 2022 at 15:59

Tender Notice
Summary of the contracting process

The Wirral Borough Council has recently awarded a contract for Banking Services. The contract is for a 5-year duration with 5 annual extension options, starting from August 1, 2022, to July 31, 2027. Lloyds has been awarded the contract valued at £300,000. The procurement method used was an open procedure. The tender period ended on March 14, 2022. The contract covers banking services and falls under the CPV classification code 66110000.

This tender for Banking Services Contract by Wirral Borough Council offers opportunities for businesses in the banking services industry. Businesses that can provide comprehensive banking services tailored to the public sector would be well-suited to compete. The location of the contract is in England, United Kingdom. Considering the 5-year duration with extension options, this tender provides a stable long-term business opportunity for interested suppliers.

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Notice Information

Notice Title

Banking Services Contract

Notice Description

The tender is for Banking Services for Wirral Borough Council and Merseyside Pension Fund. This includes receipts and drawings account and other sub (petty cash imprest) accounts for relevant establishments. Note costs will be split between Wirral MBC and MPF. Circa 2/3rds WBC 1/3 MPF based upon service volumes. 5 year contract with 5 annual extension options. Submissions are to be made via the Chest Portal

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-172f76d9-1710-4c8a-8855-7e41e8e9c3e4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d5d9215a-38a3-401d-96db-79a5a20a0d32
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£300,000 £100K-£500K
Lots Value
Not specified
Awards Value
£300,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Aug 20223 years ago
Submission Deadline
14 Mar 2022Expired
Future Notice Date
Not specified
Award Date
18 May 20223 years ago
Contract Period
31 Jul 2022 - 31 Jul 2027 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
WIRRAL BOROUGH 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
WALLASEY
Postcode
CH44 8ED
Post Town
Chester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD74 Wirral
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
Wirral
Electoral Ward
Seacombe
Westminster Constituency
Wallasey

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS

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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