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Framework Agreement for Banking Services

Renfrewshire Council

This public procurement record has 2 releases in its history.

Award

06 Mar 2025 at 09:04

Award Notice
Tender

27 Jun 2024 at 12:45

Tender Notice
Summary of the contracting process

The Renfrewshire Council has awarded a Framework Agreement for Banking Services to Clydesdale Bank PLC. This agreement, which commenced on 26th February 2025, covers general banking services for both Renfrewshire Council and associated bodies, as well as Renfrewshire Leisure Limited trading as OneRen. The procurement process, identified by OCID ocds-h6vhtk-047300 and tender ID RC-CPU-23-151, categorised under CPV 66110000 for Banking services, involved an open procedure. The agreement spans four years, with the possibility for call-off contracts to extend beyond the framework’s expiry. The primary location for service delivery is the Renfrewshire area (UKM83).

This tender presents significant opportunities for financial institutions with robust banking service capabilities, especially those experienced with public sector clients. The contract emphasizes comprehensive banking solutions, including credit facilities, BACS, CHAPS, and international payments, creating opportunities for firms that excel in these areas to secure a long-term partnership with a major regional authority and its associated bodies. Businesses capable of delivering exceptional relationship management, effective cyber security measures, and high-quality ICT solutions are well-suited to compete for similar future opportunities.

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Notice Information

Notice Title

Framework Agreement for Banking Services

Notice Description

This is a contract award notice for Framework Agreement for Banking Services. Renfrewshire Council (the Council) awarded the Framework Agreement for Banking Services to Clydesdale Bank Plc for general banking services for Lot 1 Renfrewshire Council and Associated Bodies and Lot 2 Renfrewshire Leisure Limited trading as OneRen. Clydesdale Bank will be required to deliver of a comprehensive banking service, including but not limited to, the opening and closing of bank accounts, an internet banking service for balance/transaction reporting and payment initiation, provision of cheques and pay-in slips, credit facilities, BACS, CHAPS, faster Payments, international payments and paper clearing.

Lot Information

Renfrewshire Council General Banking Services and associated bodies

Renfrewshire Council will Call-Off on behalf of the following associated bodies under Lot 1. Renfrewshire Valuation Joint Board. Glasgow and the Clyde Valley Strategic Development Planning Authority Scotland Excel Clydesdale Bank Plc will be required to deliver of a comprehensive banking service, including but not limited to, the opening and closing of bank accounts, an internet banking service for balance/transaction reporting and payment initiation, provision of cheques and pay-in slips, credit facilities, BACS, CHAPS, faster Payments, international payments and paper clearing. Additional information: Economic Operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Options: The Council reserve the right under Regulation 72(1)(b) of the Public Contracts Scotland Regulations 2015 to add or remove banking services relating to the requirements that would not be appropriate to source from another Service Provider.

Renewal: This Framework Agreement will be for 4 years. Any Call-Off Contracts will be up to an initial 5 years with the option to extend for up to a period of 2 years at the sole discretion of the Council.

Renfrewshire Leisure Limited trading as OneRen General Banking Services

Renfrewshire Leisure Limited trading as Oneren (OneRen) will be entitled to award Call-Off Contracts under Lot 2. Clydesdale Bank Plc will be required to deliver of a comprehensive banking service, including but not limited to, the opening and closing of bank accounts, an internet banking service for balance/transaction reporting and payment initiation, provision of cheques and pay-in slips, credit facilities, BACS, CHAPS, faster Payments, international payments and paper clearing. Additional information: Economic Operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015. Please see the ITT in PCS-Tender project relevant to this procurement and the other Procurement Documents for further information.

Options: The Council and OneRen reserve the right under Regulation 72(1)(b) of the Public Contracts Scotland Regulations 2015 to add or remove banking services relating to the requirements that would not be appropriate to source from another Service Provider.

Renewal: The Framework Agreement is for 4 years. Any Call off contract period will be up to an initial 5 years with the option to extend for up to a further 2 years at the sole discretion of OneRen

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-047300
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008133-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
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
£330,000 £100K-£500K
Lots Value
£330,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£307,500 £100K-£500K

Notice Dates

Publication Date
6 Mar 20251 years ago
Submission Deadline
29 Jul 2024Expired
Future Notice Date
Not specified
Award Date
27 Feb 20251 years ago
Contract Period
Not specified - Not specified
Recurrence
If extension period is utilised, April 2031

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Renfrewshire Council
Additional Buyers

Renfrewshire Leisure Limited trading as OneRen

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

Buyer Location

Locality
PAISLEY
Postcode
PA1 1JB
Postcode Area
Paisley
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM33 Inverclyde, East Renfrewshire, and Renfrewshire
Delivery Location
TLM83 Inverclyde, East Renfrewshire, and Renfrewshire
Local Authority
Renfrewshire
Electoral Ward
Paisley East and Central
Westminster Constituency
Paisley and Renfrewshire South

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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