Award

Banking Services

CHESHIRE EAST COUNCIL

This public procurement record has 1 release in its history.

Award

18 Jun 2024 at 13:28

Summary of the contracting process

The CHESHIRE EAST COUNCIL has awarded a contract for banking services, including purchase cards, to LLOYDS BANKING GROUP PLC. The procurement method used was selective, with a total contract value of £883,500. The tender period ended on November 1, 2023, and the contract will be valid until March 31, 2039. The procurement process was completed under the CPRAS framework Lot 1, Banking and Finance Framework (BFF).

This awarded contract by CHESHIRE EAST COUNCIL presents business opportunities for companies in the banking and finance industry, particularly those capable of providing comprehensive banking services. Businesses with experience in call-off frameworks and serving public sector organisations may find this tender well-suited for their competencies. The contract's long duration up to 2039 provides stability and growth prospects for successful bidders in delivering banking services to the public sector authority.

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Notice Title

Banking Services

Notice Description

Banking services including purchase cards. Procured using CPRAS framework Lot 1. Banking and Finance Framework (BFF), Ref: TPA-01 Additional information: Call off contract using the framework.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-431d4388-daee-4feb-b3c5-4aeed2672ae7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/addff018-b6d5-49f0-9a15-feb6412b3b8d
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
£883,500 £500K-£1M
Lots Value
Not specified
Awards Value
£883,500 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
18 Jun 20241 years ago
Submission Deadline
1 Nov 2023Expired
Future Notice Date
Not specified
Award Date
1 Nov 20232 years ago
Contract Period
1 Dec 2023 - 31 Mar 2039 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
CHESHIRE EAST COUNCIL
Contact Name
Michael Lees
Contact Email
michael.lees@cheshireeast.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
SANDBACH
Postcode
CW11 1HZ
Post Town
Crewe
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD6 Cheshire
Small Region (ITL 3)
TLD62 Cheshire East
Delivery Location
TLD North West (England)

Local Authority
Cheshire East
Electoral Ward
Sandbach Town
Westminster Constituency
Congleton

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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