Award

Corporate Banking Services

POST OFFICE

This public procurement record has 1 release in its history.

Award

16 Mar 2026 at 14:39

Summary of the contracting process

The Post Office has completed the award stage for its procurement of Corporate Banking Services within the United Kingdom, classified under the CPV scheme for banking services (66110000). The process was conducted through a call-off from the NEPO Framework 531 agreement, utilising a selective procurement method. The tender period ended on 8th March 2026, with the contract set to run from 9th March 2026 to 16th March 2030. The contract, valued at £3,100,000 excluding VAT, was awarded to Barclays Bank Plc. The procurement process was initiated by the Post Office, which is headquartered in London, England.

This procurement represents a significant opportunity for large-scale banking service providers with capabilities to support expansive corporate needs. Although small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) may find the scale challenging, established firms like Barclays Bank Plc can leverage this long-term contract to consolidate their market presence and strengthen client relationships within the public sector. Businesses adept at delivering comprehensive financial and banking services will be well-suited to navigate and compete in this sector.

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Notice Title

Corporate Banking Services

Notice Description

Call Off from NEPO Framework 531 for Post Office's requirements for Corporate Banking Services and related services Additional information: All values in this notice are excluding VAT

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-598653fe-b9cb-4294-a97f-e553f82d162a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f077a59d-b97b-4929-a9f3-b2e2d998a817
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
£3,100,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,100,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
16 Mar 20262 weeks ago
Submission Deadline
8 Mar 2026Expired
Future Notice Date
Not specified
Award Date
8 Mar 20263 weeks ago
Contract Period
9 Mar 2026 - 16 Mar 2030 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
POST OFFICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC2V 7ER
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
City of London
Electoral Ward
Bassishaw
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

BARCLAYS BANK

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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