Award

Banking Services

STAFFORDSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

13 Aug 2021 at 06:07

Award Notice
Summary of the contracting process

Staffordshire County Council is procuring a contract titled "Banking Services" to maintain its primary banking accounts, including the County Fund Account and various accounts related to Staffordshire Fire Authority and Staffordshire Police. The procurement process, classified under the CPV category of banking services, is currently in the Award stage, with the contract awarded on 13th August 2021. The contract will commence on 1st January 2022 and will run until 31st December 2031, with a total value of £245,000. The procurement was executed through a selective method, being a call-off from a framework agreement.

This tender presents significant opportunities for banking and financial services firms looking to expand their portfolio with local government contracts. Companies that specialise in providing banking services, specifically those with experience in public sector contracts, will find themselves well-positioned to compete in this space. Partnerships with regional authorities such as Staffordshire County Council can enhance visibility and credibility, driving business growth in this competitive industry.

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Notice Information

Notice Title

Banking Services

Notice Description

Staffordshire County Council is procuring a Contract for the provision of a Banking Service. The contract is for the banking services of Staffordshire County Council for maintaining the following main accounts: * County Fund Account * Pension Fund Account * E-Returns Account Along with the above main accounts the County Council maintains the following accounts - Staffordshire Fire Authority (1) Fire Authority Fund Account Staffordshire Police (6) OPCC Staffordshire Account Staffordshire Police Account Staffs Police Tactical Account Staffs Police Justice Service Account Staffs Police Debit Card Account Staffs Police Imprest Account

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bae4c7dc-4614-4d73-8cfc-846f33108038
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0a3773e8-be7e-4200-9dcc-99e82303d788
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
Not specified
Lots Value
Not specified
Awards Value
£245,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Aug 20214 years ago
Submission Deadline
2 Aug 2021Expired
Future Notice Date
Not specified
Award Date
12 Aug 20214 years ago
Contract Period
1 Jan 2022 - 31 Dec 2031 Over 5 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
STAFFORDSHIRE COUNTY 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
STAFFORD
Postcode
ST16 2DH
Post Town
Stoke-on-Trent
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG24 Staffordshire CC
Delivery Location
TLG West Midlands (England)
Local Authority
Stafford
Electoral Ward
Forebridge
Westminster Constituency
Stafford

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANKING GROUP

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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