Notice Information
Notice Title
Banking Services
Notice Description
The Council requires a bank to provide a corporate banking service to manage the PS2.2 billion funds that it receives and the estimated PS1.2 billion that it pays out on an annual basis. The service must be capable of meeting the requirements of all divisional directorates across the Council, including a number of Lambeth schools. The service must be capable of safeguarding the Council's financial assets, deliver ethical banking, whilst delivering value for money. The Council seeks to award a Banking Services Contract to commence on the 1 April 2021 for an anticipated term of 5 years to 31 March 2026 with the option to extend a further 2 years up to 31 March 2028.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-b5fd17-e42bb08f-99ea-4561-ba3b-5ae96c9ed2aa
- Publication Source
- Contracts Finder
- Latest Notice
- https://www.contractsfinder.service.gov.uk/Notice/486ca7bd-0b55-44d3-a034-4eccc835cd60
- Current Stage
- Tender
- All Stages
- Tender
Procurement Classification
- Notice Type
- Tender Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Selective
- Procurement Method Details
- Restricted procedure
- Tender Suitability
- Not specified
- Awardee Scale
- Not specified
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66100000 - Banking and investment services
66110000 - Banking services
66111000 - Central bank services
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 22 Jul 20205 years ago
- Submission Deadline
- 21 Aug 2020Expired
- Future Notice Date
- Not specified
- Award Date
- Not specified
- Contract Period
- 31 Mar 2021 - 31 Mar 2026 Over 5 years
- Recurrence
- Not specified
Notice Status
- Tender Status
- Active
- Lots Status
- Not Specified
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- LONDON BOROUGH OF LAMBETH
- Contact Name
- Malcolm de Vela
- Contact Email
- mdevela@lambeth.gov.uk
- Contact Phone
- +44 79263591
Buyer Location
- Locality
- LONDON
- Postcode
- SW2 1RW
- Post Town
- South West London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI4 Inner London - East
- Small Region (ITL 3)
- TLI45 Lambeth
- Delivery Location
- TLI London
-
- Local Authority
- Lambeth
- Electoral Ward
- Brixton Acre Lane
- Westminster Constituency
- Clapham and Brixton Hill
Further Information
Notice Documents
-
https://www.contractsfinder.service.gov.uk/Notice/486ca7bd-0b55-44d3-a034-4eccc835cd60
22nd July 2020 - Opportunity notice on Contracts Finder
Notice URLs
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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