Tender

Banking services

TEWKESBURY BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Tender

06 Jul 2022 at 14:39

Tender Notice
Summary of the contracting process

The Tewkesbury Borough Council is conducting a tender for banking services, aimed at appointing a single regulated organisation for a term of five years, with the possibility of a two-year extension. This open procurement process, characterised as an "open procedure (below threshold)", is currently in the Tender stage, with submissions due by 12:00 on 7 August 2022. The contract is to commence on 1 September 2022 and run until 31 August 2027. The procurement supports existing cash management activities within the industry category of services, specifically banking services, with an estimated value of £80,000.

This tender presents a valuable opportunity for businesses specialised in banking services, particularly those that can offer innovative, automated solutions to enhance efficiency and risk management. Companies capable of implementing modern banking technologies and processes would be well-positioned to compete. As the council seeks to generate additional process efficiencies and improve scrutiny controls, businesses that can demonstrate expertise in service delivery and automation will find themselves at an advantage in this tender.

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Notice Information

Notice Title

Banking services

Notice Description

The Council is seeking to appoint a single regulated organisation for a term of 5 years with the possibility of a further 2 years extension by mutual agreement, to provide quality banking services in support of its existing cash management activities. The Council is seeking to generate additional process efficiencies, reduce risks, and enhance scrutiny controls - by embracing the automation on offer from the successful Tenderer and by working closely with them to implement innovative banking service solutions whenever possible. Additional information: Please submit you tenders through the Intend portal by registering via https://www.tewkesbury.gov.uk/selling-to-the-council/ Is a Recurrent Procurement Type? : No

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b184b3fe-9db6-4864-a24b-b087b471c59d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/41b6aaa5-d689-4595-9639-764b9f7aa93c
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 (below threshold)
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
£80,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
6 Jul 20223 years ago
Submission Deadline
7 Aug 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Sep 2022 - 31 Aug 2027 Over 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
TEWKESBURY BOROUGH 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
UNITED KINGDOM
Postcode
GL20 5TT
Post Town
Gloucester
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK73 Gloucestershire CC
Delivery Location
Not specified
Local Authority
Tewkesbury
Electoral Ward
Tewkesbury South
Westminster Constituency
Tewkesbury

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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