Award

General Banking Services

CHELMSFORD CITY COUNCIL

This public procurement record has 1 release in its history.

Award

25 Jun 2025 at 09:30

Summary of the contracting process

The procurement process for General Banking Services by Chelmsford City Council has reached the award stage, with National Westminster Bank PLC selected as the supplier. This procurement, under the industry category of Banking Services (CPV code 66110000), is located in Chelmsford, England, specifically intended for a contract period from 1st June 2025 to 31st May 2028, with an optional 12-month extension available. The process was conducted as a call-off from the NEPO531 framework agreement utilising a selective procurement method. The total contract value stands at £90,000, and the award was made active on 1st March 2025 following the close of the tender period on the same date.

This tender presents significant business growth opportunities for large-scale financial institutions, given the contract's nature and the procurement method applied. Organisations with substantial experience in providing comprehensive banking services, particularly those familiar with public sector engagements, would be well-positioned to compete in similar future opportunities. Engaging in contracts such as this with Chelmsford City Council could enhance a firm’s portfolio, offering exposure and credibility within the public sector procurement sphere. Smaller entities and VCSEs may find participation challenging due to the scale and specific framework requirements of this agreement.

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Notice Title

General Banking Services

Notice Description

General banking services for Chelmsford City Council, call-off contract from the NEPO531 framework agreement.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-afea7a26-f252-4cde-881e-eebe90646c97
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dba02822-4a78-4651-93c2-d8812d975458
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
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
£90,000 Under £100K
Lots Value
Not specified
Awards Value
£90,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jun 20258 months ago
Submission Deadline
1 Mar 2025Expired
Future Notice Date
Not specified
Award Date
1 Mar 202512 months ago
Contract Period
31 May 2025 - 31 May 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
CHELMSFORD CITY 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
CHELMSFORD
Postcode
CM1 1JE
Post Town
Chelmsford
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH3 Essex
Small Region (ITL 3)
TLH36 Heart of Essex
Delivery Location
Not specified

Local Authority
Chelmsford
Electoral Ward
Marconi
Westminster Constituency
Chelmsford

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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