Award

Banking Services Further Competition - ESPO Framework 384-14

LONDON BOROUGH OF MERTON

This public procurement record has 1 release in its history.

Award

25 Sep 2017 at 13:34

Award Notice
Summary of the contracting process

The London Borough of Merton has completed a tender process for "Banking Services Further Competition - ESPO Framework 384-14," acquiring banking services under the CPV classification of banking services. This procurement, valued at approximately £105,769, was initiated under the 'Other' procurement method and is categorised as a service. The contract period commenced on 4th July 2017 and runs until 4th July 2020. The tendering phase concluded on 2nd May 2017, and the active award of the contract was confirmed on 3rd July 2017, with relevant documentation published on 25th September 2017.

This procurement presents opportunities for businesses in the financial services sector, especially those capable of providing comprehensive banking solutions. While small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) were not indicated as suitably qualified for this tender, larger financial institutions like banks and financial service providers stand to benefit. Competitors should have the expertise and resources to fulfil large-scale banking service requirements set forth by the London Borough of Merton.

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Notice Information

Notice Title

Banking Services Further Competition - ESPO Framework 384-14

Notice Description

Banking Services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b011344f-378e-41cc-bd73-93eb22623ed6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cb7fc2bf-54b9-4261-a4cc-682ceb03c6c9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
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
£105,769 £100K-£500K
Lots Value
Not specified
Awards Value
£105,769 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Sep 20178 years ago
Submission Deadline
2 May 2017Expired
Future Notice Date
Not specified
Award Date
2 Jul 20178 years ago
Contract Period
3 Jul 2017 - 4 Jul 2020 3-4 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
LONDON BOROUGH OF MERTON
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MORDEN
Postcode
SM4 5DX
Post Town
Sutton
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI63 Merton, Kingston upon Thames and Sutton
Delivery Location
TLI London
Local Authority
Merton
Electoral Ward
Merton Park
Westminster Constituency
Wimbledon

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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