Award

Framework Agreement for the Provision of Banking Services

BURY COUNCIL

This public procurement record has 3 releases in its history.

Award

19 Oct 2021 at 09:00

Award Notice
Tender

18 May 2021 at 13:58

Tender Notice
Tender

14 May 2021 at 11:53

Tender Notice
Summary of the contracting process

Bury Council has completed a procurement process for a "Framework Agreement for the Provision of Banking Services" on behalf of various Greater Manchester authorities and associated organisations. This open tender, valued at £5 million, was published on 14th May 2021, with the tender period concluding on 21st June 2021. The contract commenced on 15th September 2021 and is set to last until 14th September 2025, with services covering banking and investment categories primarily within the region of England, United Kingdom.

This procurement provides significant opportunities for financial institutions and banking service providers looking to establish long-term relationships with multiple public bodies across Greater Manchester. Companies that specialise in banking and investment services, particularly those capable of navigating public sector frameworks, would be well-suited to participate in future call-off orders generated under this framework. Engaging with this contract could enhance business growth, given the broad range of organisations involved, including arms-length management organisations and pension funds.

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Notice Information

Notice Title

Framework Agreement for the Provision of Banking Services

Notice Description

Bury Council is leading a procurement process on behalf of GM authorities and organisations, associates and other named public bodies to establish a procurement framework to deliver Banking Services. The participating authorities are Blackpool, Bolton, Bury, Manchester, Rochdale, Oldham, Salford, Stockport, Tameside, Trafford and Wigan Councils, GM Fire & Rescue, GMP and Transport for Greater Manchester as part of the Greater Manchester Combined Authority, Kirklees Council, and West Yorkshire Fire & Rescue. Other associates (Cheshire East and Warrington) are entitled to call-off from this framework if they so wish, however their requirements do not form part of the initial scope. Each Organisation that wishes to use the framework will enter into their own contract with the successful bidder by way of a call-off order. The wholly owned companies and Arms-Length Management Organisations (ALMOs) of the above-mentioned organisations are also entitled to use this framework. Tameside Council is the Administering Authority for the GM Pension Fund, whose requirements may also be called off under this framework.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e6c763e8-b3c0-43d6-beec-550c83150111
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/54cbcd3a-5d9b-4148-a624-97ac3f590e2d
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
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
£5,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£5,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
19 Oct 20214 years ago
Submission Deadline
21 Jun 2021Expired
Future Notice Date
Not specified
Award Date
6 Sep 20214 years ago
Contract Period
30 Sep 2021 - 30 Sep 2025 4-5 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
BURY 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
BURY
Postcode
BL9 0SW
Post Town
Bolton
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD37 Greater Manchester North East
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
Bury
Electoral Ward
Bury East
Westminster Constituency
Bury North

Supplier Information

Number of Suppliers
1
Supplier Name

BARCLAYS 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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