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Provision of Banking Services

East Renfrewshire Council

This public procurement record has 2 releases in its history.

Award

26 Sep 2017 at 01:00

OJEU - F3 - Contract Award Notice
Tender

07 Mar 2017 at 00:00

OJEU - F2 - Contract Notice
Summary of the contracting process

The East Renfrewshire Council is currently engaged in the procurement process for the "Provision of Banking Services." This tender, categorised under the services industry, is set in Giffnock, UK, with the tender period closing on 10th April 2017. The procurement method employed is an open procedure, and the estimated contract value over a 36-month period is £294,000, with the possibility of extensions that could raise the total to £490,000. The contract was signed on 14th September 2017, and the selection process incorporates a review period, allowing for transparency and challenges to the award decision.

This tender presents significant opportunities for businesses within the banking and financial services sector. Companies with expertise in providing comprehensive banking services, including transaction processing, merchant services, and compliance with regulatory bodies such as the Prudential Regulation Authority and the Financial Conduct Authority, are especially well-suited to compete. Additionally, businesses prepared to engage in community benefit initiatives—as outlined by East Renfrewshire Council—will enhance their appeal in the bidding process, aligning with the council's objectives for local economic, environmental, and social enhancement.

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Notice Information

Notice Title

Provision of Banking Services

Notice Description

East Renfrewshire Council (ERC) and East Renfrewshire Culture & Leisure Trust (ERCL) are currently inviting tenders, from suitably qualified companies for the provision of banking services.

Lot Information

Lot 1

East Renfrewshire Council is currently inviting tenders, from suitably qualified companies for the supply of the following requirements , Supply of Banking Services. The Council is aware that the banking sector is consistently developing its services. The flexibility to enjoy the benefits of any developments would be expected from the successful tender The Council utilises a range of transactions, the main types are as follows; Auto Credits to Accounts Auto Debits to Accounts Manual Credits Manual Debits Cheques Remitted Cash Handled CHAPS Payments Out Stopped Cheques Salary Recalls Unpaid Cheques Received BACSTEL-IP Transactions Merchant Services. This contract will be awarded to a sole supplier for the provision of Banking Services

Renewal: 2 Extensions of up to 12 months each

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000479538
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP296717
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

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
£294,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
26 Sep 20178 years ago
Submission Deadline
10 Apr 2017Expired
Future Notice Date
Not specified
Award Date
14 Sep 20178 years ago
Contract Period
Not specified - Not specified
Recurrence
Option to extend for up to 2 extensions of up to 12 months each, thereafter a new procurement exercise will be advertised through Public Contracts Scotland

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
East Renfrewshire 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
GIFFNOCK
Postcode
G46 6UG
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM33 Inverclyde, East Renfrewshire, and Renfrewshire
Delivery Location
TLM83 Inverclyde, East Renfrewshire, and Renfrewshire
Local Authority
East Renfrewshire
Electoral Ward
Giffnock and Thornliebank
Westminster Constituency
East Renfrewshire

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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