Award

Banking Services

NOTTINGHAM CITY COUNCIL

This public procurement record has 1 release in its history.

Award

01 Feb 2023 at 13:31

Award Notice
Summary of the contracting process

The Nottingham City Council has recently awarded a contract for Banking Services. The procurement process was initiated through a selective method with a call-off from a framework agreement. The contract value is £650,000, with a tender period ending on 1st December 2022. The contract covers banking services and is set to start on 1st February 2023, lasting until 31st January 2033. LLOYDS BANK COMMERCIAL FINANCE LIMITED is the awarded supplier, based in England with a large-scale operation.

This contract for Banking Services by Nottingham City Council presents an opportunity for businesses in the financial services industry. Companies specialising in banking services, particularly with experience in working with local government authorities, would be well-suited to compete. The contract entails providing financial services to support the council's operations, making it an ideal opportunity for organisations looking to expand their presence in the public sector market.

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Notice Information

Notice Title

Banking Services

Notice Description

Banking Services for Nottingham City Council

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-519cbfad-a8c7-4827-b5bb-fa24eaeda471
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f17c477d-4ca9-4de8-aebf-41e93d41237c
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
£650,000 £500K-£1M
Lots Value
Not specified
Awards Value
£565,357 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
1 Feb 20233 years ago
Submission Deadline
1 Dec 2022Expired
Future Notice Date
Not specified
Award Date
26 Jan 20233 years ago
Contract Period
1 Feb 2023 - 31 Jan 2033 Over 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
NOTTINGHAM CITY COUNCIL
Contact Name
Louise Dobson
Contact Email
louise.dobson@nottinghamcity.gov.uk
Contact Phone
01158763460

Buyer Location

Locality
NOTTINGHAM
Postcode
NG2 3NG
Post Town
Nottingham
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF14 Nottingham
Delivery Location
Not specified
Local Authority
Nottingham
Electoral Ward
Castle
Westminster Constituency
Nottingham East

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANK COMMERCIAL FINANCE

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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