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Banking Services

Carmarthenshire County Council

This public procurement record has 1 release in its history.

Award

06 Mar 2026 at 16:21

UK7 - Contract Details Notice
Summary of the contracting process

Carmarthenshire County Council, located in Carmarthen, Wales, has concluded a procurement process titled "Banking Services," entailing money transmission services, credit facilities, and an online banking facility. The procurement falls under the services industry category and adheres to Welsh devolved regulations. The process reached the award stage, with Barclays Bank being selected as the supplier. The contract, valued at £205,000, covers the period from 3rd March 2025 to 2nd March 2030 and was signed on 25th February 2025. The procurement method was direct and below the competition threshold, indicating no competitive tender process was conducted.

This contract presents substantial growth opportunities for large financial institutions, as similar procurements might be sought by other public authorities requiring comprehensive banking services. Businesses specialising in financial management, particularly those offering innovative banking solutions, would be well-suited to compete in this sector. Given the scale and the strategic location within Wales, experienced firms can leverage this contract to enhance their presence in public sector banking services, providing tailored financial solutions to local governments and councils.

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Notice Information

Notice Title

Banking Services

Notice Description

Banking Services to Carmarthenshire County Council, including money transmission services, credit facilities and an online banking facility

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06649f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/020593-2026
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
£205,000 £100K-£500K

Notice Dates

Publication Date
6 Mar 20266 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
3 Mar 2025 - 2 Mar 2030 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Carmarthenshire County 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
CARMARTHEN
Postcode
SA31 1JP
Postcode Area
Swansea
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL4 Mid and South West Wales
Small Region (ITL 3)
TLL42 South West Wales
Delivery Location
Not specified
Local Authority
Carmarthenshire
Electoral Ward
Carmarthen Town North and South
Westminster Constituency
Caerfyrddin

Supplier Information

Number of Suppliers
1
Supplier Name

Barclays Bank PLC

Further Information

Notice Documents

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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