Tender

Banking Services

LONDON BOROUGH OF BEXLEY

This public procurement record has 1 release in its history.

Tender

26 Apr 2023 at 14:55

Summary of the contracting process

The London Borough Of Bexley is seeking banking services through an open procedure for a contract worth £450,000. The procurement stage is currently active, with a tender period ending on 1st June 2023. The contract period is set to start on 1st April 2024 and end on 31st March 2034. The services are classified under banking services, with the main procurement category being services. The location of the services is in London, United Kingdom.

This tender issued by the London Borough Of Bexley for banking services presents an opportunity for businesses in the financial services industry. Companies providing bank account services, cash and cheque collection, electronic banking, and security solutions may find this tender suitable for bidding. The contract duration until 2034 offers long-term business growth potential for the selected provider, fostering stability and steady revenue streams for the chosen financial services provider.

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Notice Title

Banking Services

Notice Description

Services include but not limited to provision and maintenance of bank accounts, cash & cheque collection, statements and return of vouchers, BACS, electronic banking, reconciliation data services, security & fraud prevention and credit facilities

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cc784941-1f8b-487b-a033-e42fdaf971c3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a8483150-adca-437e-94bf-ea9c83a0f172
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
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
£450,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
26 Apr 20232 years ago
Submission Deadline
1 Jun 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2024 - 31 Mar 2034 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF BEXLEY
Contact Name
SUPPORT TEAM
Contact Email
procurement@bexley.gov.uk
Contact Phone
+442030455300

Buyer Location

Locality
BEXLEYHEATH
Postcode
DA6 7AT
Post Town
Dartford
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI51 Bexley and Greenwich
Delivery Location
TLI London

Local Authority
Bexley
Electoral Ward
Bexleyheath
Westminster Constituency
Bexleyheath and Crayford

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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