Award

Corporate Banking Services

BARNSLEY METROPOLITAN BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

Award

20 Feb 2020 at 08:55

Award Notice
Tender

02 Dec 2019 at 15:40

Tender Notice
Summary of the contracting process

Barnsley Metropolitan Borough Council is seeking to establish a contract for Corporate Banking Services, with a total contract value of £464,000. The procurement, classified under CPV code 66110000 (Banking services), is currently at the award stage, having been finalised on 20 February 2020. This tender was originally published on 2 December 2019, and the contract period is set to commence on 1 May 2020 and conclude on 30 April 2025. The services will be provided across the Yorkshire and the Humber region in the United Kingdom, utilising an open procurement method.

This contract offers substantial opportunities for businesses, particularly small and medium-sized enterprises (SMEs), which have the capability to deliver banking services that meet the requirements of local authorities. Companies specialising in financial services such as banking, payment processing, and cash management should consider competing for this contract, as it encompasses various banking needs including multiple accounts for incoming and outgoing transactions. This could represent a significant growth opportunity for firms looking to expand their public sector client base.

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Notice Information

Notice Title

Corporate Banking Services

Notice Description

Barnsley Metropolitan Borough Council (the Council) is looking to establish a contract for Corporate Banking Services (not including merchant services, payment gateway or procurement cards) to provide multiple bank accounts for incoming and outgoing payments including BACS, Direct Debits, Standing Orders and other ancillary banking services relevant to a local authority. The scope of the contract does not include schools under control of the local authority, who maintain their own bank accounts.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a839b207-8aac-433b-9b97-9a0dfd569ec1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5a2f7d96-6ddd-462c-966c-a64b279d4352
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
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
£464,000 £100K-£500K
Lots Value
Not specified
Awards Value
£464,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Feb 20206 years ago
Submission Deadline
10 Jan 2020Expired
Future Notice Date
Not specified
Award Date
20 Feb 20206 years ago
Contract Period
30 Apr 2020 - 30 Apr 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
BARNSLEY METROPOLITAN BOROUGH COUNCIL
Contact Name
Charlotte Watson
Contact Email
charlottewatson@barnsley.gov.uk
Contact Phone
+44 1226787533

Buyer Location

Locality
BARNSLEY
Postcode
S70 9FA
Post Town
Sheffield
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE33 Barnsley
Delivery Location
TLE Yorkshire and The Humber
Local Authority
Barnsley
Electoral Ward
Central
Westminster Constituency
Barnsley North

Supplier Information

Number of Suppliers
1
Supplier Name

BARCLAYS 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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