Award

MVDC GW Banking Services - AWARD

SE SHARED SERVICES

This public procurement record has 1 release in its history.

Award

02 Jan 2020 at 16:20

Summary of the contracting process

The public procurement process is conducted by SE Shared Services for the contract titled "MVDC GW Banking Services," which falls under the banking services industry category. The procurement stage has reached the Award phase, with the contract now complete. This banking contract spans five years, with an optional two-year extension at the discretion of the Council. The contract period is set to commence on 1st April 2020 and conclude on 31st March 2025. The tender submission period ended on 27th November 2019, with the award decision published on 2nd January 2020.

This tender presents significant opportunities for businesses in the banking sector, particularly those providing full-service banking solutions, including cash management and online banking services. Small and medium-sized enterprises (SMEs) are encouraged to participate, as this contract is well-suited for those capable of offering innovative and flexible banking services tailored for local authorities. Competing businesses could leverage their strengths in transaction processing and internet banking to fulfil the requirements set forth by SE Shared Services.

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Notice Title

MVDC GW Banking Services - AWARD

Notice Description

A 5 year full banking contract, with the option of a 2 year extension which would be at discretion of the Council. The service required includes the maintenance of bank accounts, cash and cheque handling, bacs transaction processing and other money transmission services associated with local authority banking arrangements. The Council will also require an internet banking service for balance and transaction reporting and payment initiation.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1946c0ea-6b1b-48e1-9656-c2a01953d514
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d64d350f-13a0-4bb1-b680-41e91beb4a94
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
2 Jan 20206 years ago
Submission Deadline
27 Nov 2019Expired
Future Notice Date
Not specified
Award Date
20 Dec 20196 years ago
Contract Period
31 Mar 2020 - 31 Mar 2025 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
SE SHARED SERVICES
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SURREY
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

ROYAL BANK OF SCOTLAND

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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