Tender

Banking

BUCKINGHAMSHIRE COUNCIL

This public procurement record has 1 release in its history.

Tender

15 Sep 2020 at 07:48

Tender Notice
Summary of the contracting process

Buckinghamshire Council is currently undertaking a tender process for the provision of money transmission banking services, following a reorganisation of local government in the region. The contract, valued at £630,000, is classified under financial and insurance services and is expected to commence on 1st April 2021, with a term of five years and an option to extend for a further two years. Tenders must be submitted via the Buckinghamshire Business Portal by noon on 16th October 2020, to participate in this open procurement procedure in the South East of the United Kingdom.

This tender presents an excellent opportunity for small and medium enterprises (SMEs) in the financial services sector seeking to expand their business. Companies with experience in banking services, particularly those that can provide comprehensive solutions encompassing payment and receipt management, payroll, pensions, and other municipal financial requirements, will find this tender particularly relevant. Interested businesses must ensure they are registered on the Buckinghamshire Business Portal to submit their proposals effectively.

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Notice Information

Notice Title

Banking

Notice Description

Buckinghamshire Council is seeking tenders for the provision of money transmission banking services. Local Government Re-organisation has taken place in the County of Buckinghamshire, which resulted in the new Buckinghamshire Council on 1 April 2020 replacing the former district councils (Aylesbury Vale, Chiltern, South Bucks, Wycombe) and the former Buckinghamshire County Council. The banking arrangements maintained by the former councils are currently provided by a range of different banks and these arrangements will continue until the new banking contract for Buckinghamshire Council is implemented. The new banking contract will include all the following aspects of Buckinghamshire Council: Main Payment and Receipts, Payroll, Pensions, Schools, Revenue and Benefits. The contract start date is 1st April 2021. The contract term is 5 years with the option to extend for 2 years. If your organisation wishes to participate in this process, you need to register with the Buckinghamshire Business Portal. You will be unable to take part if you do not register. Please use the link below and follow the instructions on the website. www.supplybucksbusiness.org.uk Tenders must be returned via the Buckinghamshire Business Portal. The tender return date is noon Friday 16th October. Tenders received after this time and date will not be accepted

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3fe0f49e-ae6f-421b-a3c7-c70564a403bd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/992b8c1a-c3ff-4431-850d-c21457bdec51
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£630,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Sep 20205 years ago
Submission Deadline
16 Oct 2020Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2021 - 31 Mar 2026 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BUCKINGHAMSHIRE 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
AYLESBURY
Postcode
HP20 1UA
Post Town
Hemel Hempstead
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ13 Buckinghamshire
Delivery Location
TLJ South East (England)
Local Authority
Buckinghamshire
Electoral Ward
Aylesbury North
Westminster Constituency
Aylesbury

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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