Award

NEPO531 General Banking Services - North Tyneside Council

NORTH TYNESIDE COUNCIL

This public procurement record has 1 release in its history.

Award

27 Mar 2025 at 14:38

Award Notice
Summary of the contracting process

North Tyneside Council has completed the procurement process for the "NEPO531 General Banking Services" contract, awarded to Barclays Bank Plc. This tender, classified under the CPV scheme as banking services, involved a direct award through a framework agreement. The contract, valued at £192,000, will serve the North East region of the United Kingdom. The tender stage culminated on 21 March 2025, and the contract is set to commence on 1 April 2025, running until 29 March 2029.

This procurement offers substantial opportunities for businesses specialising in banking and financial services, particularly those capable of providing comprehensive banking solutions under selective procurement methods. Small and medium-sized enterprises (SMEs) could find similar frameworks and direct awards beneficial for future prospects, enhancing their ability to secure long-term contracts with local councils. Barclays Bank Plc’s successful bid and subsequent award highlight the potential for growth, innovation, and collaboration within the banking sector.

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Notice Information

Notice Title

NEPO531 General Banking Services - North Tyneside Council

Notice Description

Direct award to Barclays Bank Plc under the NEPO531 General Banking Services Framework.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5c17a0b9-b037-4bc1-89a1-569c4896f715
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8827b5d6-f402-4584-81cf-8657d7f4c186
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
£192,000 £100K-£500K
Lots Value
Not specified
Awards Value
£192,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Mar 202511 months ago
Submission Deadline
21 Mar 2025Expired
Future Notice Date
Not specified
Award Date
21 Mar 202511 months ago
Contract Period
31 Mar 2025 - 29 Mar 2029 3-4 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
NORTH 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
NEWCASTLE-UPON-TYNE
Postcode
NE27 0BY
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
North Tyneside
Electoral Ward
Shiremoor
Westminster Constituency
Cramlington and Killingworth

Supplier Information

Number of Suppliers
1
Supplier Name

BARCLAYS 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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