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CONTRACT FOR THE PROVISION OF BANKING SERVICES

Wyre Forest District Council

This public procurement record has 2 releases in its history.

Award

31 May 2023 at 13:16

Award Notice
Tender

11 Oct 2021 at 14:44

Tender Notice
Summary of the contracting process

The Wyre Forest District Council has awarded a contract for the provision of banking services to Lloyds Banking Group. The procurement process was completed on 31st May 2023. The Council used the e-procurement portal known as the ProContract Due North. The contract value is £110,118.80 GBP, and it was signed on 23rd March 2023.

This contract presents opportunities for businesses in the banking services industry to compete for providing services to the Council. Businesses specializing in relationship management, service delivery, implementation, social value, and cost competitiveness would be well-suited to bid for this contract. The procurement stage was the award, and the location of the contract is in Kidderminster, United Kingdom.

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Notice Information

Notice Title

CONTRACT FOR THE PROVISION OF BANKING SERVICES

Notice Description

Provision to provide banking services

Lot Information

Lot 1

Wyre Forest District Council ("the Council") sought to appoint a Contractor to provide banking services. The appointment was by way of competitive Tender via the open route. The Council used the e-procurement portal known as the ProContract Due North (https://procontract.due-north.com) to conduct this procurement exercise.

Renewal: Initial term is 5 years, with possible extension for a further 2 years and 1 year.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02ea7b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/015384-2023
Current Stage
Award
All Stages
Tender, Award

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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£160,000 £100K-£500K
Lots Value
£160,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£110,118 £100K-£500K

Notice Dates

Publication Date
31 May 20233 years ago
Submission Deadline
12 Nov 2021Expired
Future Notice Date
Not specified
Award Date
23 Mar 20233 years ago
Contract Period
1 Apr 2022 - 31 Mar 2030 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Wyre Forest 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
KIDDERMINSTER
Postcode
DY11 7WF
Postcode Area
Dudley
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG12 Worcestershire CC
Delivery Location
TLG12 Worcestershire CC
Local Authority
Wyre Forest
Electoral Ward
Mitton
Westminster Constituency
Wyre Forest

Supplier Information

Number of Suppliers
1
Supplier Name

Lloyds Banking Group

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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