Award

Banking Service

LONDON BOROUGH OF BEXLEY

This public procurement record has 1 release in its history.

Award

18 Oct 2023 at 09:51

Award Notice
Summary of the contracting process

The London Borough of Bexley recently awarded a contract for Banking Services through an open procedure. The contract value is £450,000, with a minimum value of £350,000. The procurement stage was completed on 13th June 2023. The contract starts on 1st April 2024 and ends on 31st March 2034. The buying organisation is the London Borough of Bexley, located in London, United Kingdom, under the services category.

This tender for Banking Services, won by National Westminster Bank plc, offers opportunities for businesses looking to provide financial services in the banking industry. Companies operating in the services sector, particularly those offering banking services, may find this tender relevant for expanding their market presence. Interested businesses should consider their capability to meet the contract requirements and timelines outlined by the London Borough of Bexley.

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Notice Information

Notice Title

Banking Service

Notice Description

Banking Services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-921b1ec7-df87-45d9-bc36-6f6af86ddbc3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0b37ede1-df78-4021-8dcd-b45b102d0d5d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
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
£450,000 £100K-£500K
Lots Value
Not specified
Awards Value
£508,820 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
18 Oct 20232 years ago
Submission Deadline
13 Jun 2023Expired
Future Notice Date
Not specified
Award Date
28 Sep 20232 years ago
Contract Period
31 Mar 2024 - 31 Mar 2034 Over 5 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
LONDON BOROUGH OF BEXLEY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BEXLEYHEATH
Postcode
DA6 7AT
Post Town
Dartford
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI51 Bexley and Greenwich
Delivery Location
TLI London
Local Authority
Bexley
Electoral Ward
Bexleyheath
Westminster Constituency
Bexleyheath and Crayford

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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