Award

Banking

BASSETLAW DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

03 Jun 2025 at 10:39

Summary of the contracting process

This public procurement contracting process involves Bassetlaw District Council, situated in Worksop, England, seeking banking services. The process is classified under the industry category of Banking Services (CPV 66110000) and addresses the East Midlands region in the United Kingdom. The procurement adopted a direct method characterised as a Single Tender Action below the threshold. The procurement stage is at the Award status, with the contract period commencing on 1st December 2024 and concluding on 2nd December 2026. The total contract value is £64,951, awarded to Barclays Bank PLC on the same date the period began, and was published on 3rd June 2025.

This tender presents a growth opportunity for businesses in the financial services industry interested in collaborating with local government entities. However, it is particularly suited for larger organisations rather than SMEs or VCSEs given its current allocation. Companies that can provide comprehensive banking services that meet council requirements, such as Barclays Bank PLC, might find such contracts advantageous for expanding their footprint in regional public sector engagements. Engaging in tenders like this can enhance service portfolios and establish longstanding partnerships with governmental bodies.

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Notice Title

Banking

Notice Description

Banking services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-22698ed2-0710-4c02-a93a-4bbbdb6751fa
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f76f99fc-62fc-4bef-affb-78065901b62c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
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
£64,951 Under £100K
Lots Value
Not specified
Awards Value
£64,951 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Jun 20258 months ago
Submission Deadline
30 Nov 2024Expired
Future Notice Date
Not specified
Award Date
1 Dec 20241 years ago
Contract Period
1 Dec 2024 - 2 Dec 2026 2-3 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
BASSETLAW DISTRICT COUNCIL
Contact Name
Not specified
Contact Email
procurement@bassetlaw.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
WORKSOP
Postcode
S80 2AH
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF15 North Nottinghamshire
Delivery Location
TLF East Midlands (England)

Local Authority
Bassetlaw
Electoral Ward
Worksop South
Westminster Constituency
Bassetlaw

Supplier Information

Number of Suppliers
1
Supplier Name

BARCLAYS BANK

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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