Tender

GB-Telford: Banking Service for Appointee and Deputy Accounts

TELFORD & WREKIN COUNCIL

This public procurement record has 1 release in its history.

Tender

18 May 2022 at 12:00

Tender Notice
Summary of the contracting process

Telford & Wrekin Council is seeking Expressions of Interest for a tender titled "Banking Service for Appointee and Deputy Accounts," with a deadline set for 31st May 2022. This request arises due to the current banking provider, Allied Irish (AIB), terminating its services in October 2022. The tender, classified under the CPV code for banking services, has a minimum contract value of £25,000 and a maximum of £50,000, with the contract period expected to commence on 1st June 2022 and run until 1st June 2026. The relevant procurement method is an open procedure, intended to serve approximately 180 appointee/deputyship clients in the West Midlands region.

This tender presents a valuable growth opportunity for financial institutions or service providers specialising in banking solutions for vulnerable clients, particularly those experienced with deputyship or appointee functions. Businesses that can interface with existing systems, such as ContrOCC, will have a competitive advantage. Interested parties should be prepared to manage a significant volume of banking transactions, reflecting the council's annual income generation from these services, estimated at approximately £40,000.

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Notice Information

Notice Title

GB-Telford: Banking Service for Appointee and Deputy Accounts

Notice Description

Telford & Wrekin Council are seeking Expressions of Interest by 31st May 2022 for the following services; The current provider for our banking solution for our appointee and deputyship clients is Allied Irish (AIB) and they have served notice that they will be stopping this service from October 2022. We currently have approximately 180 appointee/deputyship clients who T&W are responsible for, this does fluctuate a little, with approximately 80,000 faster payment transactions via the bank. The fees from deputyship has an income of approximately PS40,000 per year to T&W. The system must interface with ContrOCC Additional information: Expression of Interest should be emailed to Louise Pengelly Louise.pengelly@telford.gov.uk

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a8fad282-737c-40d9-8679-0c94c1c72926
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1f51b158-bbfb-401d-ad4f-321d1941cf1c
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 May 20223 years ago
Submission Deadline
31 May 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 May 2022 - 1 Jun 2026 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
TELFORD & WREKIN 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
TELFORD
Postcode
TF3 4JA
Post Town
Telford
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG21 Telford and Wrekin
Delivery Location
TLG West Midlands (England)
Local Authority
Telford and Wrekin
Electoral Ward
Malinslee & Dawley Bank
Westminster Constituency
Telford

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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