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Banking Services

Leeds City Council - PACS

This public procurement record has 1 release in its history.

AwardUpdate

27 Feb 2024 at 17:02

Award Notice
Summary of the contracting process

The Leeds City Council - PACS has awarded a contract for Banking Services to Natwest Bank Plc and National Westminster Bank Plc. The contract entails the provision of Banking Services to the Council from April 1, 2024, to March 31, 2026. The contract was signed on April 4, 2011, with an estimated value of £240,000 in GBP. The procurement falls under the services category, specifically banking services. The contract was initiated through a tender process, with the contracting authority being Leeds City Council - PACS based in Leeds, UK. The delivery location specified is within the Leeds geographical area.

This contract for Banking Services awarded by Leeds City Council presents business growth opportunities for financial institutions, particularly banks and entities providing banking services. Companies with expertise in delivering banking services and operating at a large scale would be well-suited to compete for this contract. The Council's preference for established banking institutions is evident from the award to Natwest Bank Plc and National Westminster Bank Plc. Businesses interested in providing on-demand Banking Services to public sector organisations in the Leeds area should closely monitor future tender opportunities from Leeds City Council and align their offerings accordingly to secure similar contracts in the future.

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Notice Information

Notice Title

Banking Services

Notice Description

Lot Information

Lot 1

The provision of Banking Services to the Council on an as and when required basis as set out in Schedule 1 of the contract.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-043d4c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/006316-2024
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£240,000 £100K-£500K

Notice Dates

Publication Date
27 Feb 20242 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
4 Apr 201115 years ago
Contract Period
1 Apr 2024 - 31 Mar 2026 1-2 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Leeds City Council - PACS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 1UR
Postcode Area
Leeds
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
TLE4 West Yorkshire
Local Authority
Leeds
Electoral Ward
Little London & Woodhouse
Westminster Constituency
Leeds Central and Headingley

Supplier Information

Number of Suppliers
2
Supplier Names

National Westminster Bank Plc

Natwest Bank Plc

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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