Award

Banking Services

NORTH EAST LINCOLNSHIRE COUNCIL

This public procurement record has 2 releases in its history.

Award

05 Feb 2020 at 16:49

Award Notice
Tender

02 Aug 2019 at 09:11

Tender Notice
Summary of the contracting process

The procurement process involves North East Lincolnshire Council seeking banking services, with a total contract value of £364,000. The tender, titled "Banking Services," was published on 2nd August 2019, and the tender period concluded on 10th September 2019. The contract period is set to commence from 1st April 2020 and will run until 31st March 2025. This open procedure tender falls under the financial and insurance services category and covers the Yorkshire and the Humber region in the United Kingdom.

This contract presents a significant opportunity for banks and financial service providers to expand their client base within local government sectors. Businesses with the capability to offer comprehensive banking services tailored to public sector needs would be particularly well-suited to compete for this contract. The involvement of North Lincolnshire Council in the procurement process may also signal further opportunities for collaboration in providing similar services across neighbouring councils.

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Notice Information

Notice Title

Banking Services

Notice Description

Provision of Banking Services to North East Lincolnshire Council.North East Lincolnshire Council is also undertaking this procurement on behalf of North Lincolnshire Council for their Banking Services. All documents are only available via YORtender.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a78533a1-7d22-4325-9c2f-f5338c562d9e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e13f6bf3-6a9a-4ed8-800f-742b1f7c712a
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

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£364,000 £100K-£500K
Lots Value
Not specified
Awards Value
£364,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Feb 20206 years ago
Submission Deadline
10 Sep 2019Expired
Future Notice Date
Not specified
Award Date
10 Dec 20196 years ago
Contract Period
31 Mar 2020 - 31 Mar 2025 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
NORTH EAST LINCOLNSHIRE 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
GRIMSBY
Postcode
DN31 1HU
Post Town
Doncaster
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE1 East Yorkshire and Northern Lincolnshire
Small Region (ITL 3)
TLE13 North and North East Lincolnshire
Delivery Location
TLE Yorkshire and The Humber
Local Authority
North East Lincolnshire
Electoral Ward
West Marsh
Westminster Constituency
Great Grimsby and Cleethorpes

Supplier Information

Number of Suppliers
1
Supplier Name

BARCLAYS BANK

Further Information

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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