Award

Local Banking Services

POLICE AND CRIME COMMISSIONER FOR SUFFOLK

This public procurement record has 1 release in its history.

Award

29 May 2026 at 09:32

Summary of the contracting process

The Police and Crime Commissioner for Suffolk has completed a procurement process seeking local banking services for the Suffolk Constabulary. This tender, titled "Local Banking Services", was in the services category, and the procurement process did not involve competition as it was conducted under a "Below threshold - without competition" method. The supplier awarded the contract was Lloyds Bank PLC. Based in Ipswich, Suffolk, the contracting authority falls under the sub-central government category. The contract was signed on 29th May 2026 and commences on 1st June 2026, with a duration extending until 31st May 2028, with potential extensions available through 2030.

This tender offers business growth opportunities in the banking services sector, particularly for companies capable of delivering comprehensive banking solutions to public authorities. Although this specific contract has been awarded to a large corporation, other banking service providers specializing in public sector engagement may find similar future opportunities beneficial for building a portfolio in public service provision. Businesses with experience in handling contracts within the United Kingdom's public sector, especially in regions like Suffolk, will be well-suited to compete for such tenders.

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Notice Title

Local Banking Services

Notice Description

Local Banking Services for the Suffolk Constabulary

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06a870
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/050668-2026
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
£24,000 Under £100K

Notice Dates

Publication Date
29 May 20266 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
28 May 20266 days ago
Contract Period
31 May 2026 - 31 May 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
POLICE AND CRIME COMMISSIONER FOR SUFFOLK
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
IPSWICH
Postcode
IP5 3QS
Post Town
Ipswich
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH6 Suffolk
Small Region (ITL 3)
TLH63 East Suffolk
Delivery Location
Not specified

Local Authority
East Suffolk
Electoral Ward
Martlesham & Purdis Farm
Westminster Constituency
Suffolk Coastal

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANK

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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