Award

Banking Services for East Sussex County Council

EAST SUSSEX COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

13 Nov 2024 at 09:33

Summary of the contracting process

The procurement process managed by East Sussex County Council for the provision of banking services has reached the award stage, with the contract being awarded on 1 August 2022 and starting on 1 October 2022. This contract is valued at £200,000 and will run until 30 September 2025, with an optional extension of 12 months. This tender falls under the "Banking services" industry category, with service delivery in the South East region of the United Kingdom. It was conducted through a direct award procurement method, indicating a non-competitive process typically used for specific circumstances.

This tender can create considerable opportunities for businesses in the banking sector, particularly those that can offer robust and reliable banking services tailored to public sector requirements. Whilst the procurement process has concluded, businesses interested in similar future opportunities with East Sussex County Council should note the importance of responding to such contracts to establish a presence in the public sector market. Large-scale banking institutions with a well-developed service portfolio would be well-suited to meet the demands of such contracts, ensuring system efficiency and compliance with public financial management standards.

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Notice Title

Banking Services for East Sussex County Council

Notice Description

This contract has now been awarded. An optional 12 month extension from 1 October 2025 has been included in the contract.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-68e2156d-0efa-42c5-9e90-9564fee92d88
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4142af8f-d5b0-4301-9bc6-bf3075fa4558
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Direct Award
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
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
£188,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Nov 20241 years ago
Submission Deadline
1 Aug 2022Expired
Future Notice Date
Not specified
Award Date
31 Jul 20223 years ago
Contract Period
30 Sep 2022 - 30 Sep 2025 3-4 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
EAST SUSSEX COUNTY 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
LEWES
Postcode
BN7 1UE
Post Town
Brighton
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ22 East Sussex CC
Delivery Location
TLJ South East (England)

Local Authority
Lewes
Electoral Ward
Lewes Priory
Westminster Constituency
Lewes

Supplier Information

Number of Suppliers
1
Supplier Name

NATIONAL WESTMINSTER 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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