Award

1819-0107 Banking Services

ISLINGTON COUNCIL

This public procurement record has 1 release in its history.

Award

23 May 2019 at 10:57

Award Notice
Summary of the contracting process

The Islington Council, located in London, has recently completed the procurement process for "1819-0107 Banking Services," aimed at providing banking services to the Council and local schools. This procurement was conducted under an open procedure method, with a total contract value of £630,000. The contract period began on 1 April 2019 and is set to conclude on 31 March 2025. Notably, the procurement stage is classified under award, with the tender period having closed on 15 February 2019.

This tender creates significant opportunities for financial institutions and service providers, particularly those specialising in banking services. As Islington Council seeks reliable partners for their banking needs, businesses capable of delivering high-quality financial and insurance services will find a competitive edge. Given the substantial value of the contract, institutions with a strong track record in public sector service delivery may particularly benefit from engaging in similar future tenders.

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Notice Information

Notice Title

1819-0107 Banking Services

Notice Description

The provision of banking services to the Council and to local schools.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c15dd65a-e5be-4bda-8de1-d2c53626e539
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c90cbdc6-0ec8-440c-b97e-c14913c457c8
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

66110000 - Banking services

Notice Value(s)

Tender Value
£630,000 £500K-£1M
Lots Value
Not specified
Awards Value
£610,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
23 May 20196 years ago
Submission Deadline
15 Feb 2019Expired
Future Notice Date
Not specified
Award Date
8 Apr 20196 years ago
Contract Period
1 Mar 2020 - 28 Feb 2025 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
ISLINGTON COUNCIL
Contact Name
Not specified
Contact Email
procurement@islington.gov.uk
Contact Phone
+44 2075278118

Buyer Location

Locality
LONDON
Postcode
N7 7EP
Post Town
North London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
TLI London
Local Authority
Islington
Electoral Ward
Finsbury Park
Westminster Constituency
Islington North

Supplier Information

Number of Suppliers
1
Supplier Name

BARCLAYS

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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