Award

General Banking - payments, income, BACS etc

LEICESTERSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

01 Dec 2023 at 10:48

Summary of the contracting process

The Leicestershire County Council has awarded a contract for the provision of essential banking facilities, including payments, income management, and treasury services. The contract, valued at £90,000 GBP, was awarded to Natwest Group. The contract period is set to start on April 1, 2024, and end on March 31, 2025. The tender process was completed, and the contract was awarded on December 1, 2023. The Council is located at County Hall, Leicester Road, Glenfield, Leicester, LE3 8RA, England.

This procurement opportunity is particularly suitable for businesses in the banking and investment services sector. Small and medium-sized enterprises (SMEs) are encouraged to compete for this contract. The banking industry in England, specifically for essential banking services, can benefit from tendering for this contract with Leicestershire County Council. The awarded contract represents an opportunity for business growth and collaboration between the public sector and banking service providers.

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Notice Title

General Banking - payments, income, BACS etc

Notice Description

Provision of essential banking facilities. Enabling payments to be made and income to be received, access to bank accounts, and various other essential banking facilities including BACS, client account monies, faster payments, treasury management facilities etc

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f11dbd6e-053c-42df-aadf-e22bf8b646e2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9a03a4a3-cf61-460f-8c9a-0d17acbb4ca0
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

Notice Value(s)

Tender Value
£90,000 Under £100K
Lots Value
Not specified
Awards Value
£90,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Dec 20232 years ago
Submission Deadline
30 Nov 2023Expired
Future Notice Date
Not specified
Award Date
1 Dec 20232 years ago
Contract Period
31 Mar 2024 - 31 Mar 2025 6-12 months
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
Satish Parekh
Contact Email
satish.parekh@leics.gov.uk
Contact Phone
+44 1163057784

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

NATWEST GROUP

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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