Award

Mole Valley District Council Banking Contract 2025

MOLE VALLEY DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

28 Mar 2025 at 10:17

Summary of the contracting process

Mole Valley District Council has successfully awarded the contract for banking services, titled "Mole Valley District Council Banking Contract 2025," under the award stage on 1 March 2025. This contract falls under the industry category of banking services (CPV code 66110000). Located in the South East of England, the procurement process was managed via a call-off method from Lot 2 of the CPRAS Financial Services & Payments Framework, with a selective procurement approach. The contract commences on 1 April 2025 and lasts until 31 March 2030, with one extension option for an additional five years. The contract's total value is GBP 92,000.

This tender presents significant growth opportunities for businesses specialising in banking services. The contract’s structured duration and notable value offer stable and extended engagement, making it suitable for larger organisations. Small and medium enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations, however, may not be explicitly suited for this particular procurement as indicated in the call-off suitability criteria. National Westminster Bank PLC (NATWEST) was awarded the contract, demonstrating an opportunity for other similar entities to explore public sector banking service contracts with Mole Valley District Council or through related frameworks.

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Notice Title

Mole Valley District Council Banking Contract 2025

Notice Description

This is the contract for all banking services that Mole Valley District Council requires. This is a five year contract with one option to extend for another five years. This has been a call-off via Lot 2 of the CPRAS Financial Services & Payments Framework.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-17feff19-c2e2-454e-b368-4d9501f9a906
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/37859cc9-1c19-4d91-9979-ec7df9c7f46d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
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
£92,000 Under £100K
Lots Value
Not specified
Awards Value
£92,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Mar 202511 months ago
Submission Deadline
1 Feb 2025Expired
Future Notice Date
Not specified
Award Date
1 Mar 202512 months ago
Contract Period
31 Mar 2025 - 31 Mar 2030 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
MOLE VALLEY DISTRICT 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
DORKING
Postcode
RH4 1SJ
Post Town
Redhill
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ26 East Surrey
Delivery Location
TLJ South East (England)

Local Authority
Mole Valley
Electoral Ward
Dorking North
Westminster Constituency
Dorking and Horley

Supplier Information

Number of Suppliers
1
Supplier Name

NATIONAL WESTMINSTER BANK

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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