Award

Banking Services

SOUTH TYNESIDE COUNCIL

This public procurement record has 1 release in its history.

Award

17 Jun 2025 at 13:39

Summary of the contracting process

The procurement process for "Banking Services" was conducted by South Tyneside Council, situated in South Shields, England. This process falls under the industry category of services, specifically banking services, as per CPV classification 66110000. The procurement was a selective tender, calling off from the NEPO531 General Banking Services Framework. The contract is valued at £245,460 and spans from 1st May 2025 to 30th April 2031. The awarding stage has been completed, with the contract awarded on 1st April 2025 to LLOYDS BANK COMMERCIAL FINANCE LIMITED. All procurement activities were conducted in the North East region of the United Kingdom, with the tender period concluding on 3rd March 2025.

This tender presents significant opportunities for business growth, particularly for small and medium-sized enterprises (SMEs) that meet the suitability criteria outlined in the procurement documents. Service providers in the financial sector, especially those with experience in supplying banking services, could find this opportunity highly beneficial for expanding their business operations and establishing a long-term contractual relationship with a government entity. Engaging in such frameworks can provide a stable revenue stream and enhance the company's visibility and reputation in the public sector marketplace.

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.

Notice Title

Banking Services

Notice Description

Banking services for South Tyneside Council - call off from NEPO531 General Banking Services Framework

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-53c750f5-8311-444d-88e1-566eccc39be4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/90e33893-b1f1-4d27-b411-c5a622d61162
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£245,460 £100K-£500K
Lots Value
Not specified
Awards Value
£245,460 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Jun 20258 months ago
Submission Deadline
3 Mar 2025Expired
Future Notice Date
Not specified
Award Date
31 Mar 202510 months ago
Contract Period
30 Apr 2025 - 30 Apr 2031 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
SOUTH TYNESIDE 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
SOUTH SHIELDS
Postcode
NE33 2RL
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England)

Local Authority
South Tyneside
Electoral Ward
Beacon and Bents
Westminster Constituency
South Shields

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

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-b5fd17-53c750f5-8311-444d-88e1-566eccc39be4-2025-06-17T14:39:03+01:00",
    "date": "2025-06-17T14:39:03+01:00",
    "ocid": "ocds-b5fd17-53c750f5-8311-444d-88e1-566eccc39be4",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "F8023",
        "title": "Banking Services",
        "description": "Banking services for South Tyneside Council - call off from NEPO531 General Banking Services Framework",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66110000",
            "description": "Banking services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "North East",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 245460,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2025-03-03T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2025-05-01T00:00:00+01:00",
            "endDate": "2031-04-30T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/BpB93Ch9",
            "name": "South Tyneside Council",
            "identifier": {
                "legalName": "South Tyneside Council",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/BpB93Ch9"
            },
            "address": {
                "streetAddress": "Town Hall",
                "locality": "SOUTH SHIELDS",
                "postalCode": "NE332RL",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Shona Mac Daid",
                "email": "shona.macdaid@southtyneside.gov.uk",
                "telephone": "07436283839"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-00733011",
            "name": "LLOYDS BANK COMMERCIAL FINANCE LIMITED",
            "identifier": {
                "legalName": "LLOYDS BANK COMMERCIAL FINANCE LIMITED",
                "scheme": "GB-COH",
                "id": "00733011"
            },
            "address": {
                "streetAddress": "1 Brookhill Way OX16 3EL GB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/BpB93Ch9",
        "name": "South Tyneside Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-53c750f5-8311-444d-88e1-566eccc39be4-1",
            "status": "active",
            "date": "2025-04-01T00:00:00+01:00",
            "datePublished": "2025-06-17T14:39:03+01:00",
            "value": {
                "amount": 245460,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-00733011",
                    "name": "LLOYDS BANK COMMERCIAL FINANCE LIMITED"
                }
            ],
            "contractPeriod": {
                "startDate": "2025-05-01T00:00:00+01:00",
                "endDate": "2031-04-30T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/90e33893-b1f1-4d27-b411-c5a622d61162",
                    "datePublished": "2025-06-17T14:39:03+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}