Award

Provision of Banking Services for West Lindsey District Council

WEST LINDSEY DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

15 Jul 2025 at 14:43

Award Notice
Summary of the contracting process

West Lindsey District Council has completed a procurement process for the provision of banking services, awarding the contract to Lloyds Bank PLC. This process falls within the services category in the banking services industry. The contract, valued at £952,000, covers a period from 1 April 2025 to 31 March 2032, ensuring the provision of necessary banking services within the United Kingdom, specifically in England. The procurement process was conducted under the "Other -" method and reached the award stage on 31 March 2025.

This tender presents substantial opportunities for financial service providers, particularly large-scale banking institutions capable of delivering comprehensive banking solutions. Although unsuitable for SMEs or VCSEs, the tender's size and scope make it an attractive proposition for well-established firms looking to expand their public sector portfolio. Businesses with a robust infrastructure and experience in public sector banking can find significant growth potential through strategic partnerships with government bodies like West Lindsey District Council.

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Notice Information

Notice Title

Provision of Banking Services for West Lindsey District Council

Notice Description

Provision of Banking Services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fe62abdf-8a0e-4f86-8f71-9f5e6b990063
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d6ade145-2dbf-4e37-b4ef-35b757517fca
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
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
£952,000 £500K-£1M
Lots Value
Not specified
Awards Value
£952,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
15 Jul 20257 months ago
Submission Deadline
31 Mar 2025Expired
Future Notice Date
Not specified
Award Date
30 Mar 202510 months ago
Contract Period
31 Mar 2025 - 31 Mar 2032 Over 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
WEST LINDSEY DISTRICT COUNCIL
Contact Name
Anna Grieve
Contact Email
anna.grieve@west-lindsey.gov.uk
Contact Phone
+44 1427676676

Buyer Location

Locality
GAINSBOROUGH
Postcode
DN21 2NA
Post Town
Doncaster
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF3 Lincolnshire
Small Region (ITL 3)
TLF30 Lincolnshire CC
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
West Lindsey
Electoral Ward
Gainsborough South-West
Westminster Constituency
Gainsborough

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS 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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