Award

General Banking Services

LANCASTER CITY COUNCIL

This public procurement record has 1 release in its history.

Award

01 Apr 2025 at 13:16

Award Notice
Summary of the contracting process

Lancaster City Council has completed a tender process for general retail banking services under the title "General Banking Services". The contract, classified under the CPV code 66110000 for banking services, was awarded via direct award to National Westminster Bank Ltd. The service will be delivered in England, United Kingdom, with the contract period starting on 1st March 2025 and ending on 28th February 2027. The total contract value is £100,000, and the procurement stage is currently at the award stage, having been published on 1st April 2025 following its award on 22nd February 2025.

This tender presents a significant opportunity for major financial institutions specializing in banking services to strengthen their presence in the public sector. Although small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) were not specified as suitable, large-scale banking providers can leverage this contract to enhance their portfolio and showcase their capability in managing public sector accounts. Businesses with established expertise in retail banking are best suited to have competed for this opportunity. National Westminster Bank Ltd, a well-known large-scale bank, is the successful supplier, making it a strategic win for them in the public procurement landscape.

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Notice Information

Notice Title

General Banking Services

Notice Description

Contract for general retail banking services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f42f9b95-fc07-4420-bedc-e484763d02de
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1cba4002-ddbc-4655-9780-fdaff7e0a75c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£100,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Apr 202510 months ago
Submission Deadline
31 Jan 2024Expired
Future Notice Date
Not specified
Award Date
22 Feb 20251 years ago
Contract Period
1 Mar 2025 - 28 Feb 2027 1-2 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
LANCASTER CITY 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
LANCASTER
Postcode
LA1 1PJ
Post Town
Lancaster
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD44 Lancaster and Wyre
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
Lancaster
Electoral Ward
Castle
Westminster Constituency
Lancaster and Wyre

Supplier Information

Number of Suppliers
1
Supplier Name

NATIONAL WESTMINSTER 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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