Award

GB-Telford: Financial Services

TELFORD & WREKIN COUNCIL

This public procurement record has 1 release in its history.

Award

14 Jan 2021 at 11:55

Summary of the contracting process

The procurement process involves Telford & Wrekin Council as the buying organisation, tendering for Banking Services with a total contract value of £200,000. This procurement falls under the financial services industry category and is located in Telford, within the West Midlands region of the United Kingdom. The award was published on 14th January 2021, with the tender period having ended on 17th November 2020. This contract spans from 1st December 2020 to 30th November 2024.

This tender presents substantial opportunities for businesses specialising in banking and financial services to engage with a public-sector authority. Firms that can provide comprehensive banking solutions would be particularly well-positioned to compete for similar contracts in the future. Large banking institutions, as exemplified by the awarded supplier, Lloyds Bank plc, showcase the potential for significant collaborations in public procurement that can drive business growth and expand service offerings within the public sector.

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Notice Title

GB-Telford: Financial Services

Notice Description

Provision of Banking Services for Borough of Telford & Wrekin Additional information: Awarded via the TPA Banking and Finance Framework Lot 1 Banking Services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-48832126-724d-4be4-b060-fe92b0f24976
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cf377fc3-0b16-4315-8691-5a9ec21e48ee
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
Not specified
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
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
£200,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Jan 20215 years ago
Submission Deadline
17 Nov 2020Expired
Future Notice Date
Not specified
Award Date
17 Nov 20205 years ago
Contract Period
1 Dec 2020 - 30 Nov 2024 4-5 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
TELFORD & WREKIN 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
TELFORD
Postcode
TF3 4JA
Post Town
Telford
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG21 Telford and Wrekin
Delivery Location
TLG West Midlands (England)

Local Authority
Telford and Wrekin
Electoral Ward
Malinslee & Dawley Bank
Westminster Constituency
Telford

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

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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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