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Banking Services

Aberdeenshire Council

This public procurement record has 4 releases in its history.

Award

22 Jan 2025 at 14:21

Award Notice
Award

11 Sep 2024 at 15:06

Award Notice
Tender

11 Sep 2024 at 14:03

Tender Notice
Tender

30 May 2024 at 08:41

Tender Notice
Summary of the contracting process

The public procurement process for "Provision of Banking Services for Aberdeenshire, Aberdeen City, and The Highland Councils" has been completed. The buying organisations were Aberdeenshire Council, Aberdeen City Council, and The Highland Council, with the awarded contract totaling GBP 1,032,779. This procurement falls under the services category for banking services, specifically for the regions of Aberdeen City, Aberdeenshire, and Inverness (UKM5). The procurement process was managed using an open procedure and was re-tendered within the required duration. Initial tender submissions closed on 26 September 2024, and the contract was awarded to Clydesdale Bank PLC, with the signing taking place on 19 December 2024. The contract includes options for potential extensions up to a total of 24 months.

This tender offers significant business growth opportunities for financial institutions and banks, particularly those with a strong presence and capability to provide comprehensive banking services across multiple councils. The awarded contract, valued at over one million GBP, underscores the substantial scale and impact of the services required. Ideal businesses suited for this tender are large-scale banking institutions with the necessary regulatory approvals, robust service delivery capabilities, and a proven track record in managing similar public sector banking contracts. The criteria for selection focused equally on quality and price, ensuring that only well-qualified providers with competitive offerings were considered.

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Notice Information

Notice Title

Banking Services

Notice Description

Provision of Banking Services for Aberdeenshire, Aberdeen City and The Highland Councils

Lot Information

Lot 1

Provision of council banking services for the following three councils, Aberdeenshire Council, Aberdeen City Council and The Highland Council. Each Council will have their own contract with the winning bidder.

Options: Option to extend the contract in total by up to 24 months via a single or multiple extensions.

Renewal: Up to 24 months extension options

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-046c41
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/002205-2025
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
£475,000 £100K-£500K
Lots Value
£475,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£1,032,779 £1M-£10M

Notice Dates

Publication Date
22 Jan 20251 years ago
Submission Deadline
26 Sep 2024Expired
Future Notice Date
Not specified
Award Date
19 Dec 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
May 2029

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Aberdeenshire Council
Additional Buyers

Aberdeen City Council

The Highland 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
ABERDEEN
Postcode
AB16 5GB
Postcode Area
Aberdeen
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM5 North Eastern Scotland
Small Region (ITL 3)
TLM50 Aberdeen City and Aberdeenshire
Delivery Location
TLM5 North Eastern Scotland
Local Authority
Aberdeen City
Electoral Ward
Midstocket/Rosemount
Westminster Constituency
Aberdeen North

Supplier Information

Number of Suppliers
1
Supplier Name

Clydesdale Bank PLC

Further Information

Open Contracting Data Standard (OCDS)

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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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