Award

TD1399 - Banking Services

DERBY CITY COUNCIL

This public procurement record has 1 release in its history.

Award

14 Apr 2020 at 12:09

Summary of the contracting process

Derby City Council has recently completed a procurement process for banking services under the title "TD1399 - Banking Services". The services include the provision of multiple bank accounts for various payment types, with a total contract value of £470,000. The procurement was conducted using an open procedure and was initiated in the East Midlands region of England. The tender period concluded on 25th October 2019, and the contract is scheduled to commence on 1st January 2020 and continue until 31st December 2022.

This tender represents a significant opportunity for banking institutions and financial service providers looking to expand their portfolio with local authority contracts. Given the nature of the services required, businesses with experience in banking operations, particularly those offering comprehensive account management and ancillary services suitable for public sector needs, would be well-positioned to compete in future tenders. Entities aiming to participate should be prepared to demonstrate a strong capability in handling a range of banking transactions relevant to local authorities.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

TD1399 - Banking Services

Notice Description

The requirement is for banking services (not including merchant acquiring or bill payment services) to provide multiple bank accounts for incoming and outgoing payments including BACS, direct debits and standing orders and other ancillary banking services relevant to a local authority and ALMOs.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3618090a-b0a3-4626-912f-9e17b64ea05a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6e1501bf-7d2a-43a0-a8f6-90383f4ba3d9
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 (above 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
£470,000 £100K-£500K
Lots Value
Not specified
Awards Value
£470,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Apr 20205 years ago
Submission Deadline
25 Oct 2019Expired
Future Notice Date
Not specified
Award Date
26 Nov 20196 years ago
Contract Period
1 Jan 2020 - 31 Dec 2022 3-4 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
DERBY CITY 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
DERBY
Postcode
DE1 2FS
Post Town
Derby
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF11 Derby
Delivery Location
TLF East Midlands (England)

Local Authority
Derby
Electoral Ward
Darley
Westminster Constituency
Derby South

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANK

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-3618090a-b0a3-4626-912f-9e17b64ea05a-2020-04-14T13:09:57+01:00",
    "date": "2020-04-14T13:09:57+01:00",
    "ocid": "ocds-b5fd17-3618090a-b0a3-4626-912f-9e17b64ea05a",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "TD1399 award",
        "title": "TD1399 - Banking Services",
        "description": "The requirement is for banking services (not including merchant acquiring or bill payment services) to provide multiple bank accounts for incoming and outgoing payments including BACS, direct debits and standing orders and other ancillary banking services relevant to a local authority and ALMOs.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66110000",
            "description": "Banking services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "East Midlands",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 470000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure (above threshold)",
        "tenderPeriod": {
            "endDate": "2019-10-25T23:59:59+01:00"
        },
        "contractPeriod": {
            "startDate": "2020-01-01T00:00:00Z",
            "endDate": "2022-12-31T23:59:59Z"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-LAE-DER",
            "name": "Derby City Council",
            "identifier": {
                "legalName": "Derby City Council",
                "scheme": "GB-LAE",
                "id": "DER"
            },
            "address": {
                "streetAddress": "Corporation Street",
                "locality": "Derby",
                "postalCode": "DE12FS",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "procurement@derby.gov.uk",
                "telephone": "01332640768"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-00002065",
            "name": "Lloyds Bank Plc",
            "identifier": {
                "legalName": "Lloyds Bank Plc",
                "scheme": "GB-COH",
                "id": "00002065"
            },
            "address": {
                "streetAddress": "25 Gresham Street London EC2V 7HN"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-LAE-DER",
        "name": "Derby City Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-3618090a-b0a3-4626-912f-9e17b64ea05a-1",
            "status": "active",
            "date": "2019-11-26T00:00:00Z",
            "datePublished": "2020-04-14T13:09:57+01:00",
            "value": {
                "amount": 470000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-00002065",
                    "name": "Lloyds Bank Plc"
                }
            ],
            "contractPeriod": {
                "startDate": "2020-01-01T00:00:00Z",
                "endDate": "2022-12-31T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/6e1501bf-7d2a-43a0-a8f6-90383f4ba3d9",
                    "datePublished": "2020-04-14T13:09:57+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}