Award

Banking Services

NOTTINGHAMSHIRE COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

24 Jul 2024 at 12:18

Tender

30 Apr 2024 at 16:30

Summary of the contracting process

The procurement process for banking services, led by Nottinghamshire County Council, has completed its award stage on 24th July 2024. This contract falls under the financial and insurance services industry category and is intended to provide general banking services for the council and associated organisations in the UKF1 region. The procurement was conducted through an open procedure, and the contract, worth £181,000, was awarded to Barclaycard Payment Acceptance. The tender initially sought to secure these services for a potential term of up to 10 years, beginning April 1, 2025, with the submission deadline being 30th May 2024.

This tender presents significant opportunities for businesses specialising in financial services, particularly those capable of delivering comprehensive banking solutions. Large-scale financial institutions or established banking service providers are well-suited to compete due to the extensive scope and long-term potential of the contract. Engaging in such procurement can facilitate business growth by forming long-term partnerships, expanding service portfolios, and enhancing market credibility through association with a regional authority like Nottinghamshire County Council.

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Notice Title

Banking Services

Notice Description

General banking services for NCC

Lot Information

Lot 1

General banking services for NCC

Renewal: 5 x 12 months

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-045646
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/023022-2024
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

22 - Printed matter and related products

30 - Office and computing machinery, equipment and supplies except furniture and software packages

66 - Financial and insurance services


CPV Codes

22430000 - Banknotes

30161000 - Credit cards

30163000 - Charge cards

66000000 - Financial and insurance services

66100000 - Banking and investment services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£181,000 £100K-£500K

Notice Dates

Publication Date
24 Jul 20241 years ago
Submission Deadline
30 May 2024Expired
Future Notice Date
Not specified
Award Date
23 Jul 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NOTTINGHAMSHIRE COUNTY COUNCIL
Contact Name
Miss Hazel Johnson
Contact Email
hazel.johnson@nottscc.gov.uk
Contact Phone
+44 1159774041

Buyer Location

Locality
NOTTINGHAMSHIRE
Postcode
NG2 7QP
Post Town
Nottingham
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF16 South Nottinghamshire
Delivery Location
TLF1 Derbyshire and Nottinghamshire

Local Authority
Rushcliffe
Electoral Ward
Trent Bridge
Westminster Constituency
Rushcliffe

Supplier Information

Number of Suppliers
1
Supplier Name

BARCLAYCARD PAYMENT ACCEPTANCE

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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