Tender

Banking Services

NORFOLK COUNTY COUNCIL

This public procurement record has 1 release in its history.

Tender

05 Aug 2024 at 09:40

Summary of the contracting process

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Norfolk County Council, on behalf of itself and other local councils including Breckland, Broadland, North Norfolk, South Norfolk, Great Yarmouth, King's Lynn and West Norfolk, and Norwich City Council, is seeking to procure banking services under an open procedure. The tender is classified under the banking services industry category (CPV Code 66110000) and covers locations primarily within the UKH1 region. The procurement is currently in the tender stage, with a submission deadline set for 19 September 2024 at 11:00 AM. The total contract value is estimated to be £1,300,000 over an initial term of 5 years, with potential extensions up to a total term of 9 years. Interested bidders must register and submit their bids electronically via the council's e-procurement system.

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Notice Title

Banking Services

Notice Description

Norfolk County Council on its own behalf and on behalf of Breckland, Broadland, North Norfolk and South Norfolk District Councils, Great Yarmouth, King's Lynn and West Norfolk Borough Councils and Norwich City Council and subsidiaries of the aforementioned authorities (together knowns as the Contracting Authorities) wishes to purchase banking services for themselves and with the other authorities listed, including their subsidiaries. While a single provider will be chosen for the provision of banking services, individual contracts will be required for each Contracting Authority participating. We are looking for an initial contract term of 5 years plus two extensions of 2 years up to a total term of 9 years. Full details of the requirement can be found in the Service Specification, which forms a Schedule to the Terms and Conditions.

Lot Information

Lot 1

Norfolk County Council on its own behalf and on behalf of Breckland, Broadland, North Norfolk and South Norfolk District Councils, Great Yarmouth, King's Lynn and West Norfolk Borough Councils and Norwich City Council and subsidiaries of the aforementioned authorities (together knowns as the Contracting Authorities) wishes to purchase banking services for themselves and with the other authorities listed, including their subsidiaries. While a single provider will be chosen for the provision of banking services, individual contracts will be required for each Contracting Authority participating. We are looking for an initial contract term of 5 years plus two extensions of 2 years up to a total term of 9 years. Full details of the requirement can be found in the Service Specification, which forms a Schedule to the Terms and Conditions.

Renewal: The contract is being let for an initial contract term of 5 years plus two extensions of 2 years up to a total term of 9 years.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04878b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/024454-2024
Current Stage
Tender
All Stages
Tender

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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£1,300,000 £1M-£10M
Lots Value
£1,300,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
5 Aug 20241 years ago
Submission Deadline
19 Sep 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NORFOLK COUNTY COUNCIL
Additional Buyers

BRECKLAND DISTRICT COUNCIL

BROADLAND DISTRICT COUNCIL

GREAT YARMOUTH BOROUGH COUNCIL

KING'S LYNN & WEST NORFOLK BOROUGH COUNCIL

NORTH NORFOLK DISTRICT COUNCIL

NORWICH CITY COUNCIL

SOUTH NORFOLK DISTRICT COUNCIL

Contact Name
Not specified
Contact Email
sourcingteam@norfolk.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
NORWICH
Postcode
NR1 2DH
Post Town
Norwich
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH51 Norwich and East Norfolk
Delivery Location
TLH1 East Anglia

Local Authority
Norwich
Electoral Ward
Lakenham
Westminster Constituency
Norwich South

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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