Award

Crawley Borough Council Banking Services Contract

CRAWLEY BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

13 Feb 2023 at 15:49

Summary of the contracting process

The Crawley Borough Council has awarded a contract for banking services to Lloyds Banking Group. The contract, valued at £208,187.69 GBP, is for a seven-year period with a potential three-year extension. The procurement method used was selective, as the contract was called off from a framework agreement. The contract period will start on 1st April 2023, with a deadline of 31st March 2030. The council is located in Crawley, South East England, and the industry category is banking services.

This tender for banking services offered by Crawley Borough Council presents business growth opportunities for financial institutions, especially those experienced in providing banking services at a large scale. Businesses well-suited to compete in this tender should have capabilities to meet the council's banking service requirements efficiently. The contract period offers a long-term partnership potential, enabling businesses to establish stable relationships with the council over the service duration.

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Notice Title

Crawley Borough Council Banking Services Contract

Notice Description

This is the contract for all Banking Services required by Crawley Borough Council. This has been called off by a direct award on Lot One of the Banking and Finance Framework Agreement setup by the Technology Procurement Association, managed by CPRAS. This is for a seven year contract with the option to extend for up to three more years; the value stated in this award notice is the value for the maximum 10 year contract term available.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-27e2edb5-7448-4e26-b2d6-6b4400e0a9bd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/79d374cb-7cf3-4413-acf0-40a478f36d06
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
£208,187 £100K-£500K
Lots Value
Not specified
Awards Value
£208,187 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Feb 20233 years ago
Submission Deadline
20 Jan 2023Expired
Future Notice Date
Not specified
Award Date
23 Jan 20233 years ago
Contract Period
31 Mar 2023 - 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
CRAWLEY BOROUGH COUNCIL
Contact Name
Not specified
Contact Email
procurement@crawley.gov.uk
Contact Phone
01403215299

Buyer Location

Locality
CRAWLEY
Postcode
RH10 1UZ
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)
TLJ28 West Sussex (North East)
Delivery Location
TLJ South East (England)

Local Authority
Crawley
Electoral Ward
Three Bridges
Westminster Constituency
Crawley

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANKING GROUP

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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