Award

ESPO 384 Call-Off General Banking Services

TORBAY COUNCIL

This public procurement record has 1 release in its history.

Award

09 Feb 2017 at 16:50

Award Notice
Summary of the contracting process

The procurement process pertains to the ESPO 384 Call-Off for General Banking Services, issued by Torbay Council for financial and insurance services. The tender concluded on 26th August 2016, with the contract period set to commence on 3rd April 2017 and concluding on 2nd April 2021. The contract has a total value of £130,000 and was awarded on 7th October 2016 to Royal Bank of Scotland plc, following an active competitive bidding process under the ESPO's Banking Services Framework.

This tender presents opportunities for growth for businesses specialising in financial services, particularly those capable of providing comprehensive banking solutions. Companies with experience in public sector contracts and those looking to expand their service offerings in the South West region of England would be well-positioned to compete in similar future tenders. The established relationship with Torbay Council and the assurance of active engagement in such contracts can also enhance a business's credibility and potential for securing additional public sector work.

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Notice Information

Notice Title

ESPO 384 Call-Off General Banking Services

Notice Description

The Council is issuing this invitation to tender as a further competition under Lot 1 - General Banking of the ESPO's Banking Services Framework (reference 384).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-39e7e790-b01d-4504-9782-8c40c09a6240
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/66e3ecbf-5720-4f9e-8140-9132e49cdb48
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£130,000 £100K-£500K
Lots Value
Not specified
Awards Value
£104,069 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Feb 20179 years ago
Submission Deadline
26 Aug 2016Expired
Future Notice Date
Not specified
Award Date
6 Oct 20169 years ago
Contract Period
2 Apr 2017 - 2 Apr 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
TORBAY 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
TORQUAY
Postcode
TQ1 3DR
Post Town
Torquay
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK4 Devon
Small Region (ITL 3)
TLK42 Torbay
Delivery Location
TLK South West (England)
Local Authority
Torbay
Electoral Ward
Tormohun
Westminster Constituency
Torbay

Supplier Information

Number of Suppliers
1
Supplier Name

ROYAL BANK OF SCOTLAND

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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