Award

Banking Services

COPELAND BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

Award

21 Nov 2016 at 15:46

Award Notice
Tender

18 Nov 2016 at 20:15

Tender Notice
Summary of the contracting process

Copeland Borough Council is seeking tenders for Banking Services as its current contract will expire on 31st March 2017. The procurement process is currently in the Award stage, with the contract set to commence on 1st April 2017 and run for five years, potentially extending to 1st April 2024. The total contract value is £50,000 and the tender was published on 1st September 2016, with a tender submission deadline of 10th October 2016. This procurement falls within the services industry category, specifically classified under banking and investment services, and is located in the North West region of the United Kingdom.

This banking services tender presents significant opportunities for financial institutions looking to expand their client base within local government. Given the scope and scale of the contract, banks with experience in public sector procurement and a proven track record in delivering banking services would be particularly well-suited to compete. Additionally, firms capable of providing innovative solutions for public finance management may find this tender an attractive opportunity to enhance their market presence and contribute to local governance.

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Notice Information

Notice Title

Banking Services

Notice Description

Copeland Borough Council's current contract for banking services will expire on 31st March 2017. Banks are invited to submit tenders for a five-year contract commencing on 1st April 2017. The Council will require the option to extend the contract for a further 2 years (i.e. to 1st April 2024).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1dfddfb1-adca-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/42517fe3-3cc0-460e-b749-45e201d0812e
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

66100000 - Banking and investment services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£43,823 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Nov 20169 years ago
Submission Deadline
10 Oct 2016Expired
Future Notice Date
Not specified
Award Date
21 Nov 20169 years ago
Contract Period
31 Mar 2017 - 31 Mar 2021 4-5 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
COPELAND 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
WHITEHAVEN
Postcode
CA28 7SJ
Post Town
Carlisle
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
TLD North West (England)
Local Authority
Cumberland
Electoral Ward
Kells and Sandwith
Westminster Constituency
Whitehaven and Workington

Supplier Information

Number of Suppliers
1
Supplier Name

NATIONAL WESTMINISTER BANK

Further Information

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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