Award

B631/26 (NEPO531) - Provision of Banking Services

BRIDGEND COUNTY BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

02 Dec 2025 at 00:00

Summary of the contracting process

Bridgend County Borough Council has concluded the procurement process for the Provision of Banking Services, utilising the NEPO531 Framework. The contract has been awarded to BARCLAYS BANK PLC, reflecting their capacity to deliver high-quality banking services under a selective procurement framework. As the buyer, Bridgend County Borough Council operates as a central purchasing body, with its civic offices located in Bridgend, UKL17. The procurement, categorised under 'Economic affairs', has progressed from tender initiation to the award stage, with the contract signed on 25th November 2025. With a contract value of £312,829.12, the procurement underscores Bridgend's dedication to enhancing financial management efficiency.

This opportunity highlights substantial growth potential for businesses focusing on banking services, especially those with the capacity to demonstrate exceptional quality standards. Although the procurement saw three bids, none were from SMEs, suggesting that larger enterprises, particularly those with interest in regional or local authority operations, are better positioned to compete effectively in similar tenders. With Bridgend County Borough Council actively engaging in the sector, banking firms can explore further opportunities to offer comprehensive services tailored to public sector needs. The restricted procedure ensures a competitive yet discerning approach, offering potential suppliers a platform to showcase their capabilities and expand their influence within the UK financial services industry.

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Notice Title

B631/26 (NEPO531) - Provision of Banking Services

Notice Description

Bridgend County Borough Council are awarding a contract for the provision of Banking Services via the NEPO531 Framework.

Lot Information

Lot 1

Bridgend County Borough Council are awarding a contract for the provision of Banking Services via the NEPO531 Framework.

Publication & Lifecycle

Open Contracting ID
ocds-kuma6s-158805
Publication Source
Sell2Wales
Latest Notice
https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=158805
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted 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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£312,829 £100K-£500K

Notice Dates

Publication Date
2 Dec 20252 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
25 Nov 20253 months ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BRIDGEND COUNTY BOROUGH COUNCIL
Contact Name
Not specified
Contact Email
tenders@bridgend.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
BRIDGEND
Postcode
CF31 4WB
Post Town
Cardiff
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL51 Central Valleys and Bridgend
Delivery Location
TLL17 Bridgend and Neath Port Talbot

Local Authority
Bridgend
Electoral Ward
Bridgend Central
Westminster Constituency
Bridgend

Supplier Information

Number of Suppliers
1
Supplier Name

BARCLAYS BANK

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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