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Provision of Banking Services

Falkirk Council

This public procurement record has 2 releases in its history.

Award

14 Jun 2018 at 01:00

OJEU - F3 - Contract Award Notice
Tender

31 Aug 2017 at 01:00

OJEU - F2 - Contract Notice
Summary of the contracting process

Falkirk Council is currently involved in the procurement process for the "Provision of Banking Services". This contract falls under the category of general public services and is located in Falkirk, UK. The procurement method used is an open procedure, and the tender period concluded on 2nd October 2017. The contract, valued at £275,000, was officially awarded on 11th May 2018, with an anticipated contract duration of up to eight years should the extension be enforced.

This opportunity is well-suited for financial institutions and service providers experienced in banking operations. Businesses that hold the necessary regulatory authorisations, such as those from the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), would have a competitive advantage. Additionally, companies that can demonstrate strong financial stability, experience in providing similar services, and a commitment to delivering community benefits are encouraged to engage in this tender, potentially leading to significant partnership opportunities with Falkirk Council.

How relevant is this notice?

Notice Information

Notice Title

Provision of Banking Services

Notice Description

Contract for Banking Services

Lot Information

Lot 1

The Council requires the Provision of Banking Services.

Renewal: The Council has the option to extend for up to a further 36 months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000509909
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN322365
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
£275,000 £100K-£500K
Lots Value
£275,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 Jun 20188 years ago
Submission Deadline
2 Oct 2017Expired
Future Notice Date
Not specified
Award Date
11 May 20188 years ago
Contract Period
Not specified - Not specified
Recurrence
Option to extend for up to a further 36 months, thereafter a new procurement exercise will be advertised via 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
Falkirk 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
FALKIRK
Postcode
FK1 5RS
Postcode Area
Falkirk and Stirling
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM12 Falkirk
Delivery Location
TLM76 Falkirk
Local Authority
Falkirk
Electoral Ward
Falkirk South
Westminster Constituency
Falkirk

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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