Award

PB2020-00278 Banking Services

DARLINGTON BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

02 Nov 2021 at 09:21

Summary of the contracting process

The Darlington Borough Council is seeking banking services through a direct procurement method, with an available budget of £90,000. The contract is aimed at providing traditional banking services and has reached the award stage. The contract period is set to commence on 1 April 2021 and will run until 31 March 2024. The procurement process for this tender was completed on 1 February 2021, and the award notice was published on 2 November 2021. The service will be delivered in Darlington, England.

This tender presents a significant opportunity for businesses specialising in banking services, particularly those with experience in public sector contracts. Companies that can offer comprehensive and traditional banking solutions would be well-positioned to compete. While the tender has already been awarded to Lloyds Bank Corporate, similar future contracts could foster growth for SMEs and larger organisations that can meet the specific requirements of local government organisations.

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Notice Title

PB2020-00278 Banking Services

Notice Description

Traditional banking services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cdb836bc-5bcf-4cbd-9fee-dda8f82d0c1c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3bd2e96d-bd33-4a8b-a398-601bcc1f9c50
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£90,000 Under £100K
Lots Value
Not specified
Awards Value
£90,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Nov 20214 years ago
Submission Deadline
1 Feb 2021Expired
Future Notice Date
Not specified
Award Date
16 Feb 20215 years ago
Contract Period
31 Mar 2021 - 31 Mar 2024 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DARLINGTON BOROUGH COUNCIL
Contact Name
Jackie Elliott
Contact Email
jackie.elliott@darlington.gov.uk
Contact Phone
+44 1325405496

Buyer Location

Locality
DARLINGTON
Postcode
DL1 5QT
Post Town
Darlington
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC33 Darlington
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Darlington
Electoral Ward
Park East
Westminster Constituency
Darlington

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANK CORPORATE

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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