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Banking Services

Glasgow City Council

This public procurement record has 1 release in its history.

AwardUpdate

06 Oct 2025 at 11:44

Award Notice
Summary of the contracting process

Glasgow City Council is seeking to award a comprehensive contract for banking services, aimed at maintaining the council's accounts and facilitating various financial transactions such as BACS, CHAPS, and cash processing. The procurement falls under the services category with a focus on the banking industry (CPV code 66110000). Located in Glasgow, UK, the contract involves several affiliated bodies and covers a period from the start of 2019 to the end of 2025, with key procedural updates noted as of October 2025. This contract is in the award stage with the Royal Bank of Scotland having been selected to deliver these services, following rigorous procurement standards and guidelines under the Public Contracts (Scotland) Regulations 2015.

This tender presents significant opportunities for financial institutions and businesses specialising in electronic banking and local authority services. It requires compliance with quality, health and safety, and environmental standards outlined in the tender documents. Businesses with robust capabilities in managing large-scale public sector banking needs and a proven track record of timely payments to sub-contractors are well-positioned to benefit from this tender. The opportunity extends beyond banking, as operational stability in the context of critical financial infrastructure projects highlights the potential for extended service provision and partnership with the council.

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Notice Information

Notice Title

Banking Services

Notice Description

Lot Information

Lot 1

The council is seeking a comprehensive banking service which includes the maintenance of the council's bank accounts, electronic banking, BACS and CHAPS clearing, Faster Payments, cash processing, foreign payments and currency, provision of corporate credit cards, provision of pre-paid cards and other activities associated with local authority banking business. The following Affiliated Bodies will participate in this contract:Community Safety Glasgow Ltd; Culture and Sport Glasgow (Branded as Glasgow Life); Culture and Sport Glasgow (Trading) CIC; Cordia (Services) LLP; City Property (Glasgow) LLP; City Building (Glasgow) LLP. Full detail can be found within the ITT.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05a89d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/062450-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
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
£1,020,571 £1M-£10M

Notice Dates

Publication Date
6 Oct 202510 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
10 Sep 20187 years ago
Contract Period
1 Jan 2026 - 31 Dec 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Glasgow City 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
GLASGOW
Postcode
G2 1DU
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
TLM82 Glasgow City
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North East

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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