Award

Procurement Cards ( Pcards)

LEICESTERSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

12 Nov 2024 at 11:28

Summary of the contracting process

Leicestershire County Council has completed the procurement process for the "Procurement Cards (Pcards)" service, aimed at providing a procurement card solution via the CCS Framework - Payment Solutions 2 - RM6248 - Lot 1. The contract, awarded to Lloyds Bank plc, will span from 1st December 2024 to 1st December 2027, with an option for two additional 12-month extensions. Located in England, this procurement falls under the banking services industry category. The award phase was finalised on 31st October 2024, with the pertinent notice published on 12th November 2024.

This tender presents significant opportunities for businesses involved in banking and financial transaction services, especially those capable of offering procurement card solutions. SMEs may find this contract particularly suitable, as the council aims to use a rebate model based on transaction volume, incurring no direct costs to itself. Companies with expertise in handling large-scale financial systems and providing seamless transaction solutions could greatly benefit from competing in such tenders, thereby enhancing their business growth through public sector engagements.

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Notice Title

Procurement Cards ( Pcards)

Notice Description

Provision of a Procurement Card Solution Service procured via CCS Framework - Payment Solutions 2 - RM6248 - Lot 1. The contract term is for 36 months with a further 2 x optional extension periods of 12 months. No cost to the Council. Rebate based on the volume of transactions (varies).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-dd6fb895-0826-4d8f-81aa-6ca049916f93
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/98b16d74-c484-4dfd-a7d7-d1ea2de4cbd4
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME
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
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Nov 20241 years ago
Submission Deadline
15 Aug 2024Expired
Future Notice Date
Not specified
Award Date
31 Oct 20241 years ago
Contract Period
1 Dec 2024 - 1 Dec 2027 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
LEICESTERSHIRE 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
LEICESTER
Postcode
LE3 8RA
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
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
Blaby
Electoral Ward
Glenfield Faire
Westminster Constituency
Mid Leicestershire

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS 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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