Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

B631/26 (NEPO531) - Provision of Banking Services

Bridgend County Borough Council

This public procurement record has 5 releases in its history.

Award

02 Dec 2025 at 15:54

Award Notice
TenderUpdate

02 Jul 2025 at 14:22

Tender Notice
Award

05 Mar 2024 at 12:01

Award Notice
Tender

21 Jun 2023 at 11:37

Tender Notice
Planning

21 Oct 2022 at 13:22

Planning Notice
Summary of the contracting process

Bridgend County Borough Council has concluded its procurement process for the provision of banking services under the NEPO531 framework, awarding a contract to Barclays Bank PLC with a total value of £312,829.12. The procurement followed a selective method using a restricted procedure and included quality (70%) and price (30%) as award criteria. Situated in Bridgend (region UKL17), this contract is part of the services industry category, specifically targeting banking services. The contract was signed on 25th November 2025, and was carried out with the active involvement of regional and local authorities such as Bridgend County Borough Council, situated in the United Kingdom.

This tender presents a considerable opportunity for businesses specialising in banking and financial services to expand their offerings and establish a foothold in public sector contracts. Organisations with robust service delivery frameworks and competitive pricing strategies are well-positioned to take advantage of similar future opportunities. Large-scale suppliers, including those with extensive networks and transaction capabilities such as Barclays, Lloyds, and National Westminster Bank, can particularly benefit from frameworks like NEPO531 that focus on transactional banking arrangements and additional service provisions. These opportunities can foster growth, providing a solid platform for delivering comprehensive financial solutions across diverse public sector entities within the UK.

How relevant is this notice?

Notice Information

Notice Title

B631/26 (NEPO531) - Provision of Banking Services

Notice Description

Bridgend County Borough Council are awarding a contract for the provision of Banking Services via the NEPO531 Framework.

Lot Information

Lot 1

Bridgend County Borough Council are awarding a contract for the provision of Banking Services via the NEPO531 Framework.

Options: The Framework Agreement is for a period of 48 months with the options to extend for up to a further 2 x 24 month periods. This is due to the commercial and contractual complexity of the Framework Agreement combined with the cost of administrating the procurement for NEPO, ESPO, YPO, Contracting Authorities and Tenderers.

Renewal: It is anticipated that this Framework Contract will be renewed prior to it's conclusion.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0377d9
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/079040-2025
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

66110000 - Banking services

Notice Value(s)

Tender Value
£288,000,000 £100M-£1B
Lots Value
£288,000,000 £100M-£1B
Awards Value
Not specified
Contracts Value
£288,312,829 £100M-£1B

Notice Dates

Publication Date
2 Dec 20258 months ago
Submission Deadline
21 Jul 2023Expired
Future Notice Date
16 Apr 2023Expired
Award Date
5 Mar 20242 years ago
Contract Period
Not specified - Not specified
Recurrence
18-24 months prior to the framework contract expiry date.

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Bridgend County Borough Council
Additional Buyers

NEPO

THE ASSOCIATION OF NORTH EAST COUNCILS LIMITED

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRIDGEND
Postcode
CF31 4WB
Postcode Area
Cardiff
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL51 Central Valleys and Bridgend
Delivery Location
TLL17 Bridgend and Neath Port Talbot
Local Authority
Bridgend
Electoral Ward
Bridgend Central
Westminster Constituency
Bridgend

Supplier Information

Number of Suppliers
3
Supplier Names

Barclays Bank PLC

Lloyds Bank PLC

National Westminster Bank PLC

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...