Award

CONTRACT FOR THE PROVISION OF BANKING SERVICES

WYRE FOREST DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

31 May 2023 at 12:27

Award Notice
Summary of the contracting process

Wyre Forest District Council has awarded a contract for the provision of banking services to Lloyds Bank PLC. The contract, valued at GBP 110,118.80, was awarded on December 21, 2021, with a contract period starting from March 23, 2023, and ending on April 1, 2027. The procurement process involved an open procedure with a tender period ending on November 12, 2021. The Council's location is in Kidderminster, West Midlands, United Kingdom, and the industry category is banking services.

This tender for banking services presents an opportunity for businesses, especially those in the financial services sector, to engage in providing services to public sector entities. Small and medium-sized enterprises (SMEs) are particularly well-suited to compete, as the Council has indicated suitability for SMEs in the procurement. Businesses interested in providing banking services should monitor similar tenders and engage with the Wyre Forest District Council procurement department for potential future opportunities.

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Notice Information

Notice Title

CONTRACT FOR THE PROVISION OF BANKING SERVICES

Notice Description

Wyre Forest District Council sought to appoint a Contractor to provide Banking Services. The appointment will be by way of competitive Tender via the Open route. Due to unavoidable/ unforeseen circumstances, there has been a delay in issuing the contract notice.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ee451713-2d2d-4c1a-b208-9414fb29b89b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/73a2cc0e-783c-40fd-909a-199ecca6d603
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
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
£160,000 £100K-£500K
Lots Value
Not specified
Awards Value
£110,118 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
31 May 20232 years ago
Submission Deadline
12 Nov 2021Expired
Future Notice Date
Not specified
Award Date
21 Dec 20214 years ago
Contract Period
23 Mar 2023 - 1 Apr 2027 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
WYRE FOREST DISTRICT 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
KIDDERMINSTER
Postcode
DY11 7WF
Post Town
Dudley
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG12 Worcestershire CC
Delivery Location
TLG West Midlands (England)
Local Authority
Wyre Forest
Electoral Ward
Mitton
Westminster Constituency
Wyre Forest

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANK

Further Information

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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