Award

Provision of Bankiing Services for West Lindsey District Services

WEST LINDSEY DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

02 Jun 2025 at 11:37

Summary of the contracting process

The public procurement process for the provision of banking services to West Lindsey District Council has reached the award stage, with Lloyds Banking Group being selected as the supplier. The contract entails banking services for a period spanning from April 2025 to March 2035, valued at £952,000. Situated in Gainsborough, England, West Lindsey District Council serves as the buying organisation for this procurement within the services category. The tender process concluded on 31 January 2025, and the contract aims to deliver these services exclusively in the United Kingdom.

This tender represents an opportunity for large businesses within the banking sector to enhance their market presence and establish long-term partnerships with public institutions. While smaller enterprises and those within the voluntary and community sectors may find this contract unsuitable, entities equipped to deliver comprehensive banking services can leverage this contract to achieve organisational growth and strategic expansion. Businesses specialising in financial management and related services are particularly well-positioned to engage with such procurement opportunities.

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Notice Title

Provision of Bankiing Services for West Lindsey District Services

Notice Description

Provision of Banking Services for West Lindsey District Council

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fea55663-e213-400d-be11-f92d5099f90a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c8ab63e7-92b7-4fbb-8fbb-84a789853238
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
Not specified
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
2 Jun 20258 months ago
Submission Deadline
31 Jan 2025Expired
Future Notice Date
Not specified
Award Date
20 Feb 20251 years ago
Contract Period
31 Mar 2025 - 31 Mar 2035 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
WEST LINDSEY 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
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 BANKING GROUP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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