Award

Provision of Banking Services

SOUTH WALES POLICE

This public procurement record has 2 releases in its history.

Award

06 Apr 2020 at 13:22

Award Notice
Tender

03 Oct 2019 at 08:34

Tender Notice
Summary of the contracting process

The South Wales Police has awarded a contract for the provision of banking services, valued at £151,860, which runs from 1 April 2020 to 31 March 2023. This procurement process, classified under the category of banking services (CPV code 66110000), was conducted using an open tendering method. The initial tender notice was published on 3 October 2019, with the tender period closing on 4 November 2019. The service is required to support the operational needs of both South Wales Police and Gwent Police, with specific requirements including secure online banking facilities and various accounts for financial management.

This contract presents significant opportunities for financial service providers, particularly those specialising in banking and payment solutions. Businesses capable of offering comprehensive banking facilities, including current accounts and merchant services, would be well-suited to engage in future tenders of this nature. The involvement of a large police force indicates a stable customer for businesses that can meet stringent public sector requirements, fostering potential growth in both service offerings and clientele within the public sector market.

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Notice Information

Notice Title

Provision of Banking Services

Notice Description

**PLEASE NOTE THIS IS A CONTRACT AWARD NOTICE** The Commissioners for both South Wales Police and Gwent Police require the provision of a banking service. The requirement is for the following, for both forces: Main Current Account for both forces, with secure online banking facility; Imprest Current Accounts, with secure online banking facility, with daily sweep from Current Account to rectify any debit balances on Imprest accounts; Interest bearing Call Account with online banking facilities; Covert Current Accounts with secure online banking facilities; There may be also occasion to require other incidental bank account(s) to be established and maintained; Provision of Credit/Debit Card Merchant Services - to receive credit/debit card payments; NOTE: The authority is using eTenderwales to carry out this procurement process. To obtain further information record your interest on Sell2Wales at https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=95528

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b74011b8-122b-4c4c-a900-f2653bf5f3ed
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0a7d9721-6c3f-41e9-8276-05117597e8c0
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 (below threshold)
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
Not specified
Lots Value
Not specified
Awards Value
£151,860 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Apr 20205 years ago
Submission Deadline
4 Nov 2019Expired
Future Notice Date
Not specified
Award Date
30 Mar 20205 years ago
Contract Period
31 Mar 2020 - 31 Mar 2023 2-3 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
SOUTH WALES POLICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRIDGEND
Postcode
CF31 3SU
Post Town
Cardiff
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL51 Central Valleys and Bridgend
Delivery Location
TLL Wales
Local Authority
Bridgend
Electoral Ward
Brackla East and Coychurch Lower
Westminster Constituency
Bridgend

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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