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Banking Services

Scottish Government

This public procurement record has 3 releases in its history.

Award

11 Sep 2026 at 11:47

Award Notice
Tender

31 Mar 2026 at 16:31

Tender Notice
Planning

22 Aug 2025 at 08:42

Planning Notice
Summary of the contracting process

The Scottish Government procured a single-supplier framework for comprehensive banking services for public bodies across the Scottish public sector. The service covers bank accounts, CHAPS, Faster Payments, foreign payments, BACS, digital imaging, cash withdrawals, cheques, debit cards, night-safe and deposit-box facilities, project bank accounts, branch networks or alternative arrangements, and electronic and internet banking. The framework can be used by Scottish Ministers and their agencies, Scottish councils, health boards, universities and colleges, social landlords, public bodies, charities and voluntary organisations, among others. The work is delivered across Scotland, with the buyer based in Glasgow. This is a financial services requirement rather than a general administrative banking support contract.

The procurement is complete and the contract has been awarded under an open procedure. One supplier was selected for the framework: The Royal Bank of Scotland. The contract was signed on 7 September 2026 and is valued at £1,500,000. The framework period is 1,440 days, with no renewal or additional-purchase option. Bids were evaluated on quality, weighted at 60%, and price, weighted at 40%. The tender deadline, bid opening and award-period start were all 8 May 2026 at noon. One electronic bid was received, and it was from a non-SME. The framework permits a maximum of one participant. The associated lot is recorded as cancelled, although the award and contract are active.

This procurement indicates demand for a banking provider able to deliver a broad, integrated service across numerous Scottish public-sector organisations, rather than a single-account or specialist transaction service. A credible competitor would need capability across high-volume public-sector payments, cash and cheque handling, foreign payments, project bank accounts, cards, digital imaging and online banking, supported by a suitable branch network or alternative access arrangements. Participation requires authorisation by the Prudential Regulation Authority and regulation by the Financial Conduct Authority. Suppliers also need employers’ liability cover where legally required, public liability insurance of at least £1 million and professional indemnity insurance of at least £2 million. The requirement favours providers with substantial operational capacity and proven ability to serve multiple public bodies through one framework.

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Notice Information

Notice Title

Banking Services

Notice Description

The Scottish Ministers wish to award a Framework Agreement for the provision of Banking Services. The Framework Agreement shall provide comprehensive Banking Services to public bodies across the Scottish Public Sector. The requirement will be delivered by a single supplier. The framework agreement will be available for use by the Scottish Ministers (including Agencies), Scottish Non-Departmental Public Bodies, offices in the Scottish Administration which are not ministerial offices, cross-border public authorities within the meaning of section 88(5) of the Scotland Act 1998, The Office for the Secretary of State for Scotland, the Scottish Parliamentary Corporate Body, councils constituted under section 2 of the Local Government etc. (Scotland) Act 1994, bodies registered as social landlords under the Housing (Scotland) Act 2001, Scottish health boards or special health boards, Student Loans Company Limited, the Commissioner of Northern Lighthouse operating as the Northern Lighthouse Board, Scottish Futures Trust, Equality and Human Rights Commission, Business Stream Ltd, the Business Gateway National Unit at the Convention of Scottish Local Authorities, further or higher education institutions being fundable bodies within the meaning of section 6 of the further and Higher Education (Scotland) Act 2005, any public body established by or under the Scotland Act 1998 or any Act of the Scottish Parliament, any association of or formed by one or more of the foregoing, bodies financed wholly or mainly by one or more of the foregoing, bodies subject to management supervision by one or more of the foregoing and bodies more than half of the board of directors or members of which, or, in the case of a group of individuals, more than half of those individuals, being appointed by one or more of the foregoing. In addition to the contracting authorities listed, the framework agreement will be available to charities entered on the Scottish Charity Register and voluntary organisations entered on the Membership Database of the Scottish Council for Voluntary Organisations. Information about agencies of the Scottish Ministers, Scottish Non-Departmental Public Bodies and offices in the Scottish Administration which are not ministerial offices are listed at http://www.scotland.gov.uk/Topics/Government/public-bodies/about/Bodies Overview of the governance structure of public procurement for Scotland, including the Public Procurement Group. https://www.gov.scot/publications/public-procurement-governance/

Lot Information

Lot 1

This Framework Agreement is for the provision of comprehensive Banking Services to public bodies across the Scottish Public Sector. The scope of requirements includes, but is not limited to, Bank Accounts, CHAPS, Faster Payments, Foreign Payments, BACS, Digital Imaging, Cash Withdrawals, Cheques, Debit Cards, Night Safe Facilities, Deposit Box Facilities, Project Bank Accounts; Branch Networks (or alternative arrangements), Electronic and Internet Banking. 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.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-058c76
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/086329-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Award 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
£1,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,500,000 £1M-£10M

Notice Dates

Publication Date
11 Sep 20261 months ago
Submission Deadline
8 May 2026Expired
Future Notice Date
23 Feb 2026Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Government
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G2 8LU
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM Scotland
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

ROYAL BANK OF SCOTLAND

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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