Award

Banking Services 2022-27

FOLKESTONE AND HYTHE DISTRICT COUNCIL

This public procurement record has 3 releases in its history.

Award

19 Jan 2022 at 10:15

Award Notice
Award

19 Jan 2022 at 10:08

Award Notice
Tender

20 Oct 2021 at 12:20

Tender Notice
Summary of the contracting process

The Folkestone and Hythe District Council is undertaking a tender process for "Banking Services 2022-27", aiming to select a supplier for various banking needs. The procurement, classified under the CPV code for banking services, is currently in the award stage, with the contract expected to commence on 1st April 2022, lasting for five years with a potential extension of up to 24 months. The tender was actively published on 20th October 2021, with the submission deadline having been set for 17th November 2021. The anticipated contract value is approximately £140,000, and services will be delivered across regions in the United Kingdom, including the North East, North West, and London.

This tender represents a robust opportunity for financial institutions and banking service providers looking to expand their client base within the public sector. Businesses experienced in delivering banking services, particularly those capable of managing public funds and providing innovative financial solutions, would be well-placed to compete. The open procurement method allows for broader participation, thus encouraging a diverse range of providers to engage and potentially serve the evolving needs of Folkestone and Hythe District Council over the next several years.

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Notice Information

Notice Title

Banking Services 2022-27

Notice Description

Folkestone & Hythe District Council (F&HDC) wishes to select and appoint a suitable supplier for Banking Services and invites organisations to submit a tender to meet F&HDC's requirements. The contract is anticipated to start on 1st April 2022 and continue for a period of 5 years (with the option to extend for a further period (or periods) of up to 24 months). Interested suppliers can register interest and access the tender documents by visiting the Kent Business Portal (www.kentbusinessportal.org.uk) and search current opportunities for DN393875 or by using the direct link provided below.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a23e47e9-f5e6-4de2-b8ff-add840ec5026
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/691c3c4c-ccb0-46db-a5b9-56bcf21bfb64
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
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
£140,000 £100K-£500K
Lots Value
Not specified
Awards Value
£277,036 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Jan 20224 years ago
Submission Deadline
17 Nov 2021Expired
Future Notice Date
Not specified
Award Date
30 Nov 20214 years ago
Contract Period
31 Mar 2022 - 31 Mar 2027 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
FOLKESTONE AND HYTHE DISTRICT 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
FOLKESTONE
Postcode
CT20 2QY
Post Town
Canterbury
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ44 East Kent
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England)
Local Authority
Folkestone and Hythe
Electoral Ward
Folkestone Central
Westminster Constituency
Folkestone and Hythe

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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