Award

NEPO505 Payment Card Services - North Tyneside Council

NORTH TYNESIDE COUNCIL

This public procurement record has 1 release in its history.

Award

27 Mar 2025 at 14:51

Summary of the contracting process

North Tyneside Council, based in Newcastle-Upon-Tyne, England, has completed the procurement process for the NEPO505 Payment Card Services, awarding the contract to Lloyds Bank Plc. This procurement, categorised under Banking services (CPV 66110000), utilised a selective method via a call-off from a framework agreement. The contract, valued at £30,000, covers corporate payments and spans from 1st November 2025 to 31st October 2028, with potential for two additional 12-month extensions at the discretion of the authority. Key dates include the award date on 24th February 2025 and the contract's official notice published on 27th March 2025.

This tender offers significant opportunities for businesses specialised in financial and banking services, particularly those that can provide robust corporate payment solutions. SMEs are encouraged to compete, as the procurement process is open to them, although it may be less suited for VCSEs. Engaging in this contract can enhance business portfolios by aligning with a large-scale project managed by a reputable public institution like North Tyneside Council, providing substantial growth prospects and market credibility for successful bidders.

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Notice Title

NEPO505 Payment Card Services - North Tyneside Council

Notice Description

Direct award to Lloyds Bank Plc under NEPO505 Payment Card Services - Lot 2 Corporate Payments. 3 year contract plus 2 x 12 month extension options at the sole discretion of the Authority.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a72e1e18-73d4-4f21-9c4e-67994b33c1e4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/08ec4cdd-52f8-48a1-9f9b-8bafb1c4306f
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
£30,000 Under £100K
Lots Value
Not specified
Awards Value
£30,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Mar 202511 months ago
Submission Deadline
24 Feb 2025Expired
Future Notice Date
Not specified
Award Date
24 Feb 202512 months ago
Contract Period
1 Nov 2025 - 31 Oct 2028 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
NORTH TYNESIDE COUNCIL
Contact Name
Yazmine Baddoo
Contact Email
yazmine.baddoo@northtyneside.gov.uk
Contact Phone
0191 643 1455

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

LLOYDS 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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