Award

Banking Contract

WYCHAVON DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

01 Jul 2025 at 11:00

Summary of the contracting process

Wychavon District Council, located in Pershore, United Kingdom, has completed the procurement process for a banking contract titled "Banking Contract," specifically for banking services. This contract engages HSBC UK BANK PLC, and falls under the industry category of services with a focus on banking services. The procurement method utilised was direct, bypassing competition as the contract was below the financial threshold. The contract has been awarded and signed on 1st May 2025, commencing immediately, and will remain active until 30th April 2026. The contract value amounts to £26,000 GBP, and no competitive tendering was involved due to its below-threshold classification.

This procurement offers a significant opportunity for businesses involved in banking and financial services to establish valuable relationships within the public sector. While HSBC UK BANK PLC has secured this contract, sub-central government contracts like this one can provide insights into the tendering requirements for future opportunities within the local government sector. Businesses specialising in services complementary to banking or those seeking collaborations with large-scale financial institutions could benefit from understanding the procurement methods employed here and may look to similar organisations for new tender opportunities.

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Notice Title

Banking Contract

Notice Description

HSBC for banking services

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-055698
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/036363-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£26,000 Under £100K

Notice Dates

Publication Date
1 Jul 20257 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Apr 20259 months ago
Contract Period
30 Apr 2025 - 30 Apr 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
WYCHAVON DISTRICT COUNCIL
Contact Name
Not specified
Contact Email
procurement@wychavon.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
PERSHORE
Postcode
WR10 1PT
Post Town
Worcester
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG12 Worcestershire CC
Delivery Location
Not specified

Local Authority
Wychavon
Electoral Ward
Pershore
Westminster Constituency
West Worcestershire

Supplier Information

Number of Suppliers
1
Supplier Name

HSBC UK BANK

Further Information

Notice Documents

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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