Tender

Banking Services 2022

PORTSMOUTH CITY COUNCIL

This public procurement record has 1 release in its history.

Tender

10 Jan 2022 at 12:16

Tender Notice
Summary of the contracting process

Portsmouth City Council is currently seeking tenders for "Banking Services 2022." This procurement process falls under the financial services category and is based in Portsmouth, United Kingdom. It is currently in the Tender phase, with a deadline for quote submissions set for 18th February 2022. The selected contractor will enter a five-year agreement, starting on 2nd March 2023, with the possibility of a five-year extension, contingent on mutual agreement and performance. The procurement method is classified as an open procedure, suitable for offers above threshold limits.

This tender presents a significant opportunity for financial institutions aiming to expand their portfolio of corporate banking services. Businesses specialising in banking and investment services, particularly those experienced in public contracts, are well-positioned to compete for this contract. Companies should prepare to showcase their qualifications and demonstrate their capability in delivering comprehensive banking solutions tailored to the needs of Portsmouth City Council.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Banking Services 2022

Notice Description

Portsmouth City Council - the Council - is inviting tenders from suitably qualified financial institutions for the provision of corporate banking services. The Council will enter into contract with the successful bidder on the basis of a 5 year term extendable by a further 5 years in increments to be agreed subject to performance and agreement of both parties. The contract will commence on 2nd March 2023. The Council is aiming to award the contract by 22nd March 2022. Further details can be found in the documents attached. Please provide a quote exclusive of VAT. The relevant documentation, including terms and conditions are attached. The closing date for submission of your quote is shown above entitled - Date documents can be requested until If you have any questions regarding the quote, please use the Correspondence function on Intend. Additional information: New Tender Notification -Banking Services Please be advised Portsmouth City Council is currently in the process of seeking expressions of interest for the above project. Interested parties should logon to In-tend using the link below for further details. https://in-tendhost.co.uk/portsmouthcc/aspx/home To View the Tender Opportunities Hover over the Tenders tab and click on current, this will then show a list. If you are interested in any of those listed, click the View Details button for further information and to express your interest. This email has been sent to you as your company has registered its interest against the Business Category associated with this project. If you have any questions relating to tendering with Portsmouth City Council, please contact the City Councils Procurement Department by email on procurement@portsmouth.gov.uk or call us on 023 9268 8235. Is a Recurrent Procurement Type? : No

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5259202c-67c7-4735-bba1-2cdd74df10f1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e6766896-4a1c-405f-abd6-5492fb06d992
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 (above threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

66100000 - Banking and investment services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Jan 20224 years ago
Submission Deadline
18 Feb 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
2 Mar 2023 - 1 Mar 2028 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
PORTSMOUTH CITY COUNCIL
Contact Name
Procurement Service
Contact Email
procurement@portsmouthcc.gov.uk
Contact Phone
023 9268 8235

Buyer Location

Locality
HAMPSHIRE
Postcode
PO1 2BJ
Post Town
Portsmouth
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ31 Portsmouth
Delivery Location
TLJ South East (England)
Local Authority
Portsmouth
Electoral Ward
Charles Dickens
Westminster Constituency
Portsmouth South

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-5259202c-67c7-4735-bba1-2cdd74df10f1-2022-01-10T12:16:30Z",
    "date": "2022-01-10T12:16:30Z",
    "ocid": "ocds-b5fd17-5259202c-67c7-4735-bba1-2cdd74df10f1",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "IT-26-4637-P00004637",
        "title": "Banking Services 2022",
        "description": "Portsmouth City Council - the Council - is inviting tenders from suitably qualified financial institutions for the provision of corporate banking services. The Council will enter into contract with the successful bidder on the basis of a 5 year term extendable by a further 5 years in increments to be agreed subject to performance and agreement of both parties. The contract will commence on 2nd March 2023. The Council is aiming to award the contract by 22nd March 2022. Further details can be found in the documents attached. Please provide a quote exclusive of VAT. The relevant documentation, including terms and conditions are attached. The closing date for submission of your quote is shown above entitled - Date documents can be requested until If you have any questions regarding the quote, please use the Correspondence function on Intend. Additional information: New Tender Notification -Banking Services Please be advised Portsmouth City Council is currently in the process of seeking expressions of interest for the above project. Interested parties should logon to In-tend using the link below for further details. https://in-tendhost.co.uk/portsmouthcc/aspx/home To View the Tender Opportunities Hover over the Tenders tab and click on current, this will then show a list. If you are interested in any of those listed, click the View Details button for further information and to express your interest. This email has been sent to you as your company has registered its interest against the Business Category associated with this project. If you have any questions relating to tendering with Portsmouth City Council, please contact the City Councils Procurement Department by email on procurement@portsmouth.gov.uk or call us on 023 9268 8235. Is a Recurrent Procurement Type? : No",
        "datePublished": "2022-01-10T12:16:30Z",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "66100000",
                "description": "Banking and investment services"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "PO1 2BJ"
                    },
                    {
                        "region": "South East",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure (above threshold)",
        "tenderPeriod": {
            "endDate": "2022-02-18T14:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2023-03-02T00:00:00Z",
            "endDate": "2028-03-01T23:59:59Z"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/e6766896-4a1c-405f-abd6-5492fb06d992",
                "datePublished": "2022-01-10T12:16:30Z",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "2",
                "description": "Additional information on how to apply for this contract",
                "url": "https://in-tendhost.co.uk/portsmouthcc/aspx/"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-3629",
            "name": "Portsmouth City Council",
            "identifier": {
                "legalName": "Portsmouth City Council"
            },
            "address": {
                "streetAddress": "Guildhall Square, Portsmouth",
                "locality": "Hampshire",
                "postalCode": "PO1 2BJ",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Procurement Service",
                "email": "procurement@portsmouthcc.gov.uk",
                "telephone": "023 9268 8235"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-3629",
        "name": "Portsmouth City Council"
    }
}