Award

Provision of Banking and Merchant Card Services

CAERPHILLY COUNTY BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

Award

03 Mar 2026 at 12:36

Tender

17 Oct 2024 at 10:50

Summary of the contracting process

Caerphilly County Borough Council has completed the procurement process for the "Provision of Banking and Merchant Card Services," resulting in a contract award to Barclays. This contract covers banking and merchant card services within the borough, classified under Banking services (CPV code 66110000). The award follows an open tender procedure, with the contract period starting from 1st September 2025 to 31st August 2030, including an option to extend annually for an additional five years. The procurement was carried out as an open procedure without a call for competition, and the Council is situated in Hengoed, UKL16 region.

This award presents a significant opportunity for businesses in the banking services sector, especially those with capabilities in providing comprehensive financial services tailored to public authorities. Companies with strong investment grade ratings and the ability to meet both cost and quality criteria could compete effectively in similar future tenders from Caerphilly Council or other regional authorities. The contract emphasises a Most Economically Advantageous Tender approach, valuing quality at 60% and cost at 40%, thus favouring firms with robust service delivery and pricing strategies. Businesses interested in these types of opportunities should ensure compliance with industry-specific standards and maintain strong organisational credentials to appeal to public sector tender invitations.

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Notice Title

Provision of Banking and Merchant Card Services

Notice Description

The Council has appointed Barclays Bank PLC to provide the Provision of Banking Services and Merchant Card Services to the Council following an open tender procedure. The Total cost of the procurement includes the initial five (5) years + five years extension excl VAT Contract Period from the 01 September 2025 - 31 August 2030 with the option to extend for a further period of five (5) years extended on a annual basis.

Lot Information

Lot 1

The Council has appointed Barclays Bank for its Corporate Banking Services to include banking and merchant card services. The contract is for a period of five years, with the option to extend for up to a further period of five years extended on an annual basis. Please note this is not a call for competition this notice is to notify the market of a contract award

Renewal: The contract includes an option to extend for up to a further period of five (5) years (Total Ten Years)

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04ad37
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/018903-2026
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

66100000 - Banking and investment services

66110000 - Banking services

66120000 - Investment banking services and related services

Notice Value(s)

Tender Value
£910,000 £500K-£1M
Lots Value
£910,000 £500K-£1M
Awards Value
Not specified
Contracts Value
£320,154 £100K-£500K

Notice Dates

Publication Date
3 Mar 20261 months ago
Submission Deadline
22 Nov 2024Expired
Future Notice Date
Not specified
Award Date
31 Aug 20257 months 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
CAERPHILLY COUNTY BOROUGH 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
HENGOED
Postcode
CF82 7PG
Post Town
Cardiff
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL53 Gwent Valleys
Delivery Location
TLL16 Gwent Valleys

Local Authority
Caerphilly
Electoral Ward
Ystrad Mynach
Westminster Constituency
Caerphilly

Supplier Information

Number of Suppliers
1
Supplier Name

BARCLAYS

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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