This public procurement record has 2 releases in its history.

Award

27 May 2026 at 12:26

Award

15 Apr 2026 at 11:56

Summary of the contracting process

South Kesteven District Council has completed a procurement process for banking services, awarding a contract to National Westminster Bank plc. The tender, identified as DN813017, was initiated under a limited competition method, specifically below threshold. The contract covers banking business account services and is classified under the services category with a CPV classification of 66110000. The contract, which started on 1 January 2026 and is set to end on 31 December 2027, includes a potential two-year extension. This procurement is based within the UKF3 region, specifically Grantham in the United Kingdom, and was compliant with the legal basis of UKPGA 2023/54.

The tender provides significant opportunities for financial institutions specialising in banking services, particularly those capable of handling public sector accounts. Given the procurement method and scale, businesses already operating at a large scale with experience in managing public authority accounts would be well-suited to compete in similar future procurements. The possibility of extension presents an avenue for sustained engagement and revenue. Organisations looking to expand within the public sector banking industry would benefit from tracking similar upcoming tenders to strategically position themselves in this competitive market.

How relevant is this notice?

Notice Title

Banking

Notice Description

Banking business account. Notices replaces - Notice identifier: 2026/S 000-034179 Procurement identifier (OCID): ocds-h6vhtk-0682f6 Published 15 April 2026, 12:56pm which did not include extension details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0682f6
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/049668-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited 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
£100,000 £100K-£500K

Notice Dates

Publication Date
27 May 20264 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Jan 20265 months ago
Contract Period
1 Jan 2026 - 31 Dec 2027 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
SOUTH KESTEVEN DISTRICT 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
GRANTHAM
Postcode
NG31 6TT
Post Town
Nottingham
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF3 Lincolnshire
Small Region (ITL 3)
TLF30 Lincolnshire CC
Delivery Location
Not specified

Local Authority
South Kesteven
Electoral Ward
Grantham St Vincent's
Westminster Constituency
Grantham and Bourne

Supplier Information

Number of Suppliers
1
Supplier Name

NATIONAL WESTMINSTER BANK

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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