Award

Provision of Banking Services

CHARNWOOD BOROUGH COUNCIL RECYCLING

This public procurement record has 2 releases in its history.

Award

23 Sep 2019 at 11:30

Award Notice
Tender

19 Jul 2019 at 08:01

Tender Notice
Summary of the contracting process

Charnwood Borough Council Recycling is seeking tenders for the provision of banking services, with the opportunity published on 19 July 2019. The procurement is classified under banking and investment services (CPV code 66100000) and follows an open procedure, as it is below the threshold value of £80,000. Tenders must be submitted by 12:00 on 23 August 2019, with the contract expected to commence on 1 October 2019, lasting for three years, with options for two one-year extensions.

This tender presents a significant opportunity for businesses in the banking and financial services sector, particularly those capable of providing standard banking solutions. Companies that specialise in retail banking, investment management, and related services would be particularly well-suited to compete in this process, enabling them to establish a long-term relationship with a local government entity, thereby enhancing their market presence in the East Midlands region.

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Notice Information

Notice Title

Provision of Banking Services

Notice Description

Charnwood Borough Council are currently undertaking a review of its banking service and wishes to seek tenders from suitably qualified service providers for the provision of banking services. The new contract will commence on 1 October 2019 and last for a period of three years, with the option to extend the contract on two further occasions of twelve months. The last date for request of documents is the 6th August 2019, with tenders to be returned at 12 Noon on the 23rd August 2019.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d03eea9d-2277-41e7-874a-413e01d8939a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cac07e76-b25e-4054-b575-b7be07e4763e
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

66100000 - Banking and investment services

Notice Value(s)

Tender Value
£80,000 Under £100K
Lots Value
Not specified
Awards Value
£65,580 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Sep 20196 years ago
Submission Deadline
23 Aug 2019Expired
Future Notice Date
Not specified
Award Date
22 Sep 20196 years ago
Contract Period
30 Sep 2019 - 30 Sep 2024 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
CHARNWOOD BOROUGH COUNCIL RECYCLING
Contact Name
Lesley Tansey
Contact Email
income@charnwood.gov.uk
Contact Phone
01509 634828

Buyer Location

Locality
LOUGHBOROUGH
Postcode
LE11 2TR
Post Town
Leicester
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF22 Leicestershire CC and Rutland
Delivery Location
TLF East Midlands (England)
Local Authority
Charnwood
Electoral Ward
Loughborough Southfields
Westminster Constituency
Loughborough

Supplier Information

Number of Suppliers
1
Supplier Name

HSBC UK 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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