Tender

MVDC GW Banking Services

SE SHARED SERVICES

This public procurement record has 4 releases in its history.

TenderAmendment

09 Oct 2019 at 18:13

TenderAmendment

09 Oct 2019 at 18:12

TenderAmendment

09 Oct 2019 at 18:12

Tender

09 Oct 2019 at 18:12

Summary of the contracting process

The SE Shared Services is currently seeking tenders for the "MVDC GW Banking Services," a comprehensive banking contract set to last five years, with an optional two-year extension at the Council's discretion. This contract encompasses the maintenance of bank accounts, cash and cheque handling, BACS transaction processing, and other services crucial for local authority banking arrangements. The deadline for submissions is 27th November 2019, and interested parties must complete the tender process electronically via the SE Shared Services Procurement eSourcing portal. The contract will commence on 1st April 2020 and conclude on 31st March 2025, classified under the CPV code for banking services (66110000).

This opportunity presents substantial potential for business growth, particularly for small and medium enterprises (SMEs) specialising in financial services, banking infrastructure, and electronic transaction processing. Companies well-prepared to meet the requirements for local authority banking, including sophisticated internet banking solutions, will find themselves in a competitive position. Prospective bidders are encouraged to register on the SE Shared Services portal to facilitate their submissions and benefit from the streamlined tendering process designed to enhance efficiency and reduce administrative burdens.

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Notice Title

MVDC GW Banking Services

Notice Description

A 5 year full banking contract, with the option of a 2 year extension which would be at discretion of the Council. The service required includes the maintenance of bank accounts, cash and cheque handling, bacs transaction processing and other money transmission services associated with local authority banking arrangements. The Council will also require an internet banking service for balance and transaction reporting and payment initiation. Additional information: This tender is to be completed electronically using the SE Shared Services Procurement eSourcing portal. https://www.sesharedservices.org.uk/esourcing/opportunities The SE Shared Services eSourcing portal provides a web-based tool that provides a simple, secure and efficient means for managing tendering and quotation activities reducing the time and effort required for both buyers and Potential Bidders. The portal allows for tender clarifications and submitting your bid electronically. In order to bid for this opportunity you will need to register your company on the SE Shared Services portal. Is a Recurrent Procurement Type? : Yes

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-645ba691-bcb3-467d-b206-a5611bd67642
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/51a50c79-0f37-48a1-993f-2933fbe7bb22
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
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66110000 - Banking services

Notice Value(s)

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

Notice Dates

Publication Date
9 Oct 20196 years ago
Submission Deadline
27 Nov 2019Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2020 - 31 Mar 2025 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
SE SHARED SERVICES
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SURREY
Postcode
RH4 1SJ
Post Town
Redhill
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ26 East Surrey
Delivery Location
TLJ South East (England)

Local Authority
Mole Valley
Electoral Ward
Dorking North
Westminster Constituency
Dorking and Horley

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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