Award

Corporate Banking and Merchant Services

TUNBRIDGE WELLS BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

Award

17 Jan 2022 at 16:26

Tender

24 Nov 2021 at 17:30

Summary of the contracting process

Tunbridge Wells Borough Council is seeking providers for Corporate Banking and Merchant Services through an open procurement process. Initially, this tender was active until 7 January 2022, with a contract duration extending potentially to five years. The location for service delivery is Tunbridge Wells, UK, and the procurement process is classified under banking services, handling approximately £67,000 annually. However, this tender has been marked as cancelled, with earlier procurement attempts indicating a strong need for modern banking solutions, especially given the increase in cashless transactions due to the Covid-19 pandemic.

This tender presents a significant opportunity for businesses specialising in banking services, particularly those that can adapt to the evolving needs of public authorities transitioning to more digital and cashless operational models. Prospective bidders should ideally possess experience in providing corporate banking solutions and merchant services capable of accommodating high transaction volumes while ensuring quality service delivery. Companies with strong technological capabilities and a deep understanding of public sector requirements will be particularly well-suited to compete in this market.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Corporate Banking and Merchant Services

Notice Description

Tunbridge Wells Borough Council (TWBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services).

Lot Information

Lot 1

Tunbridge Wells Borough Council (TWBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services). Currently, both our Corporate Banking and Merchant services are provided by Lloyds bank. The current service handles work to a value of PS67,000.00 per annum. The volumes of card transactions have increased significantly due to the Covid-19 pandemic. The council is now almost cashless and intends for this to continue as there have been issues with cash collection from parking machines and council sites.

Renewal: Option to extend the contract by up to 60 months following the initial 60 month contract period

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02f9d5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001360-2022
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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
17 Jan 20224 years ago
Submission Deadline
7 Jan 2022Expired
Future Notice Date
Not specified
Award Date
17 Jan 20224 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Cancelled
Lots Status
Cancelled
Awards Status
Unsuccessful
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
TUNBRIDGE WELLS BOROUGH COUNCIL
Contact Name
Miss Louisa Coley
Contact Email
louisa.coley@tunbridgewells.gov.uk
Contact Phone
+44 1892526121

Buyer Location

Locality
TUNBRIDGE WELLS
Postcode
TN1 1RS
Post Town
Tonbridge
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ46 West Kent
Delivery Location
TLJ46 West Kent

Local Authority
Tunbridge Wells
Electoral Ward
Park
Westminster Constituency
Tunbridge Wells

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-02f9d5-2022-01-17T16:26:14Z",
    "date": "2022-01-17T16:26:14Z",
    "ocid": "ocds-h6vhtk-02f9d5",
    "initiationType": "tender",
    "tender": {
        "id": "DN584006",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "Corporate Banking and Merchant Services",
        "status": "cancelled",
        "classification": {
            "scheme": "CPV",
            "id": "66110000",
            "description": "Banking services"
        },
        "mainProcurementCategory": "services",
        "description": "Tunbridge Wells Borough Council (TWBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services).",
        "lots": [
            {
                "id": "1",
                "description": "Tunbridge Wells Borough Council (TWBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services). Currently, both our Corporate Banking and Merchant services are provided by Lloyds bank. The current service handles work to a value of PS67,000.00 per annum. The volumes of card transactions have increased significantly due to the Covid-19 pandemic. The council is now almost cashless and intends for this to continue as there have been issues with cash collection from parking machines and council sites.",
                "contractPeriod": {
                    "durationInDays": 1800
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "Option to extend the contract by up to 60 months following the initial 60 month contract period"
                },
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "hasOptions": false,
                "status": "cancelled",
                "awardCriteria": {
                    "criteria": [
                        {
                            "name": "Quality",
                            "type": "quality",
                            "description": "40"
                        },
                        {
                            "name": "Cost",
                            "type": "cost",
                            "description": "60"
                        }
                    ]
                }
            }
        ],
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "66110000",
                        "description": "Banking services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKJ46"
                    },
                    {
                        "region": "UKJ46"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "submissionMethod": [
            "electronicSubmission"
        ],
        "submissionMethodDetails": "http://www.kentbusinessportal.org.uk",
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2022-01-07T12:00:00Z"
        },
        "submissionTerms": {
            "languages": [
                "en"
            ]
        },
        "awardPeriod": {
            "startDate": "2022-01-07T12:30:00Z"
        },
        "bidOpening": {
            "date": "2022-01-07T12:30:00Z"
        },
        "hasRecurrence": false
    },
    "parties": [
        {
            "id": "GB-FTS-3686",
            "name": "Tunbridge Wells Borough Council",
            "identifier": {
                "legalName": "Tunbridge Wells Borough Council"
            },
            "address": {
                "streetAddress": "Town Hall",
                "locality": "Tunbridge Wells",
                "region": "UKJ46",
                "postalCode": "TN1 1RS",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Miss Louisa Coley",
                "telephone": "+44 1892526121",
                "email": "louisa.coley@tunbridgewells.gov.uk",
                "url": "http://www.kentbusinessportal.org.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "http://www.tunbridgewells.gov.uk",
                "buyerProfile": "http://www.tunbridgewells.gov.uk",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "REGIONAL_AUTHORITY",
                        "description": "Regional or local authority"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "01",
                        "description": "General public services"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-32023",
            "name": "Mid Kent Legal Services",
            "identifier": {
                "legalName": "Mid Kent Legal Services"
            },
            "address": {
                "locality": "Tunbridge Wells",
                "postalCode": "TN1 1RS",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        },
        {
            "id": "GB-FTS-41072",
            "name": "Mid Kent Legal",
            "identifier": {
                "legalName": "Mid Kent Legal"
            },
            "address": {
                "streetAddress": "Mount Pleasant Road",
                "locality": "Tunbridge Wells",
                "postalCode": "TN1 1RS",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        }
    ],
    "buyer": {
        "id": "GB-FTS-3686",
        "name": "Tunbridge Wells Borough Council"
    },
    "language": "en",
    "awards": [
        {
            "id": "001360-2022-1",
            "relatedLots": [
                "1"
            ],
            "status": "unsuccessful",
            "statusDetails": "discontinued"
        }
    ]
}