Tender

Banking Services

SHEFFIELD CITY COUNCIL

This public procurement record has 1 release in its history.

Tender

16 Apr 2021 at 10:38

Tender Notice
Summary of the contracting process

Sheffield City Council is currently seeking tenders for comprehensive Banking Services with a total value of £500,000. This open procurement process is in the tender stage, with a deadline for submissions set for 15th May 2021. The contract is expected to commence on 1st October 2021 and will run until 30th September 2028. This opportunity is categorized under banking and investment services and will be delivered in the Yorkshire and the Humber region, United Kingdom.

This tender presents significant growth opportunities for businesses specialising in banking and financial services, particularly those equipped to manage local authority banking requirements. Companies that offer internet banking services, cash processing solutions, and expertise in BACS and CHAPS clearing will be especially well-placed to compete. With Sheffield City Council as the buyer, this contract may suit larger firms with established banking infrastructure or innovative providers looking to enter the public sector market.

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Notice Information

Notice Title

Banking Services

Notice Description

Sheffield City Council requires a comprehensive banking service involving maintenance of Sheffield City Council's bank accounts, BACS and CHAPS clearing, cash processing and other activities associated with local authority banking business. Sheffield City Council will require an internet banking service for balance/transaction reporting and payment initiation

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f5bed242-a42a-43db-b922-4176a2a5835c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/24b85240-3d64-43a5-971b-0a1742bc762d
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open 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

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Apr 20214 years ago
Submission Deadline
15 May 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Sep 2021 - 30 Sep 2028 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
SHEFFIELD 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
SHEFFIELD
Postcode
S1 4PL
Post Town
Sheffield
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLE Yorkshire and The Humber
Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

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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