Award

Provision of Banking Services

FALKIRK COUNCIL

This public procurement record has 2 releases in its history.

Award

14 Jun 2018 at 00:00

OJEU - F3 - Contract Award Notice
Tender

31 Aug 2017 at 00:00

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.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

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 20187 years ago
Submission Deadline
2 Oct 2017Expired
Future Notice Date
Not specified
Award Date
11 May 20187 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
Not specified
Contact Email
pcu@falkirk.gov.uk
Contact Phone
+44 1324506566

Buyer Location

Locality
FALKIRK
Postcode
FK1 5RS
Post Town
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

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-r6ebe6-0000509909-2018-06-14T00:00:00Z",
    "date": "2018-06-14T00:00:00Z",
    "ocid": "ocds-r6ebe6-0000509909",
    "initiationType": "tender",
    "parties": [
        {
            "id": "org-36",
            "name": "Falkirk Council",
            "identifier": {
                "legalName": "Falkirk Council"
            },
            "address": {
                "streetAddress": "Municipal Buildings, West Bridge Street",
                "locality": "Falkirk",
                "region": "UKM76",
                "postalCode": "FK1 5RS"
            },
            "contactPoint": {
                "email": "pcu@falkirk.gov.uk",
                "telephone": "+44 1324506566"
            },
            "roles": [
                "buyer",
                "reviewBody"
            ],
            "details": {
                "classifications": [
                    {
                        "id": "Regional or local authority",
                        "scheme": "TED_CA_TYPE"
                    },
                    {
                        "id": "01",
                        "description": "General public services",
                        "scheme": "COFOG"
                    }
                ]
            }
        },
        {
            "id": "org-13",
            "name": "Falkirk Council",
            "identifier": {
                "legalName": "Falkirk Council"
            },
            "address": {
                "streetAddress": "Municipal Buildings, West Bridge Street",
                "locality": "Falkirk",
                "region": "UKM76",
                "postalCode": "FK1 5RS"
            },
            "contactPoint": {
                "email": "pcu@falkirk.gov.uk",
                "telephone": "+44 1324506566"
            },
            "roles": [
                "buyer",
                "reviewBody"
            ],
            "details": {
                "classifications": [
                    {
                        "id": "Regional or local authority",
                        "scheme": "TED_CA_TYPE"
                    },
                    {
                        "id": "01",
                        "description": "General public services",
                        "scheme": "COFOG"
                    }
                ]
            }
        }
    ],
    "buyer": {
        "name": "Falkirk Council",
        "id": "org-13"
    },
    "tender": {
        "id": "FIN/025/17",
        "title": "Provision of Banking Services",
        "description": "Contract for Banking Services",
        "status": "complete",
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "UKM76"
                    },
                    {
                        "region": "UKM76"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "value": {
            "amount": 275000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "mainProcurementCategory": "services",
        "submissionMethod": [
            "electronicSubmission"
        ],
        "submissionMethodDetails": "https://www.publictendersscotland.publiccontractsscotland.gov.uk",
        "tenderPeriod": {
            "endDate": "2017-10-02T12:00:00Z"
        },
        "awardPeriod": {
            "startDate": "2017-10-02T12:00:00Z"
        },
        "documents": [
            {
                "id": "SEP294127",
                "documentType": "contractNotice",
                "title": "Provision of Banking Services",
                "description": "Contract for Banking Services",
                "url": "https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP294127",
                "format": "text/html"
            },
            {
                "id": "technical",
                "documentType": "technicalSelectionCriteria"
            },
            {
                "id": "SEP294127-1",
                "title": "Schedule 1 - Instructions",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP294127&idx=1",
                "datePublished": "2017-09-01T11:10:18Z",
                "dateModified": "2017-09-01T11:10:18Z",
                "format": "application/msword"
            },
            {
                "id": "SEP294127-2",
                "title": "Schedule 3 - Statement of Requirement",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP294127&idx=2",
                "datePublished": "2017-09-01T11:10:19Z",
                "dateModified": "2017-09-01T11:10:19Z",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "SEP294127-3",
                "title": "Schedule 4 - Method Statements",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP294127&idx=3",
                "datePublished": "2017-09-01T11:10:20Z",
                "dateModified": "2017-09-01T11:10:20Z",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "SEP294127-4",
                "title": "Schedule 5a - Pricing Instructions",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP294127&idx=4",
                "datePublished": "2017-09-01T11:10:21Z",
                "dateModified": "2017-09-01T11:10:21Z",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "SEP294127-5",
                "title": "Schedule 5b - Instructions",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP294127&idx=5",
                "datePublished": "2017-09-01T11:10:21Z",
                "dateModified": "2017-09-01T11:10:21Z",
                "format": "application/vnd.openxmlformats-officedocument.spreadsheetml.sheet"
            },
            {
                "id": "SEP294127-6",
                "title": "Appendix 1 - Certificate as to Canvassing",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP294127&idx=6",
                "datePublished": "2017-09-01T11:10:21Z",
                "dateModified": "2017-09-01T11:10:21Z",
                "format": "application/msword"
            },
            {
                "id": "SEP294127-7",
                "title": "Appendix 2 - Certificate of Non Collusion",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP294127&idx=7",
                "datePublished": "2017-09-01T11:10:21Z",
                "dateModified": "2017-09-01T11:10:21Z",
                "format": "application/msword"
            },
            {
                "id": "SEP294127-8",
                "title": "Appendix 3 - Form of Tender",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP294127&idx=8",
                "datePublished": "2017-09-01T11:10:22Z",
                "dateModified": "2017-09-01T11:10:22Z",
                "format": "application/msword"
            },
            {
                "id": "SEP294127-9",
                "title": "Appendix 4 - Freedom of Information",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP294127&idx=9",
                "datePublished": "2017-09-01T11:10:22Z",
                "dateModified": "2017-09-01T11:10:22Z",
                "format": "application/msword"
            },
            {
                "id": "SEP294127-10",
                "title": "Appendix 5 - Community Benefits",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP294127&idx=10",
                "datePublished": "2017-09-01T11:10:22Z",
                "dateModified": "2017-09-01T11:10:22Z",
                "format": "application/msword"
            },
            {
                "id": "SEP294127-11",
                "title": "Appendix 6 - Cost of Change",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP294127&idx=11",
                "datePublished": "2017-09-01T11:10:22Z",
                "dateModified": "2017-09-01T11:10:22Z",
                "format": "application/vnd.openxmlformats-officedocument.spreadsheetml.sheet"
            },
            {
                "id": "SEP294127-12",
                "title": "Schedule 6 - Terms and Conditions",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP294127&idx=12",
                "datePublished": "2017-09-01T11:10:22Z",
                "dateModified": "2017-09-01T11:10:22Z",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "SEP294127-13",
                "title": "Schedule 2 - ESPD",
                "url": "https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=SEP294127&idx=13",
                "datePublished": "2017-09-01T11:10:22Z",
                "dateModified": "2017-09-01T11:10:22Z",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "JUN322365",
                "documentType": "awardNotice",
                "title": "Provision of Banking Services",
                "description": "Contract for Banking Services",
                "url": "https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN322365",
                "format": "text/html"
            }
        ],
        "lots": [
            {
                "id": "1",
                "description": "The Council requires the Provision of Banking Services.",
                "status": "complete",
                "value": {
                    "amount": 275000,
                    "currency": "GBP"
                },
                "hasOptions": false,
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "contractPeriod": {
                    "durationInDays": 1800
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "The Council has the option to extend for up to a further 36 months."
                }
            }
        ],
        "bidOpening": {
            "date": "2017-10-02T12:00:00Z"
        },
        "coveredBy": [
            "GPA"
        ],
        "otherRequirements": {
            "requiresStaffNamesAndQualifications": true
        },
        "selectionCriteria": {
            "criteria": [
                {
                    "type": "suitability",
                    "description": "4A.1 Bidders must be regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). 4A.1 Bidders must be authorised by the Prudential Regulation Authority (PRA)."
                },
                {
                    "type": "economic",
                    "description": "To establish the financial standing of a bidder, the Council will take into account a risk report provided independently by Creditsafe. Within such reports, the risk of business failure is expressed as a score of 30 or below (high risk of business failure). In the event that a bidder is determined to have a risk failure rating of 30 and below ie that the company is considered to have a high risk of business failure, its submission will not be considered further. Where you are not registered on credit safe, discretionary powers are available to the Council to consider abbreviated accounts along with a banker's reference.",
                    "minimum": "4B.5.1 It is a requirement of the Contract that bidders hold or can commit to obtain prior to the commencement of the Contract the types and minimum level of insurance indicated below; Employers (Compulsory) Liability Insurance = 10M GBP Public Liability Insurance = 10M GBP Professional Indemnity Insurance = 2M GBP"
                },
                {
                    "type": "technical",
                    "description": "Execution of the service is reserved to a particular profession"
                }
            ]
        },
        "submissionTerms": {
            "languages": [
                "en"
            ],
            "bidValidityPeriod": {
                "durationInDays": 90
            }
        },
        "classification": {
            "id": "66110000",
            "scheme": "CPV"
        },
        "hasRecurrence": true,
        "recurrence": {
            "description": "Option to extend for up to a further 36 months, thereafter a new procurement exercise will be advertised via Public Contracts Scotland."
        }
    },
    "language": "EN",
    "description": "(SC Ref:546697)",
    "links": [
        {
            "rel": "canonical",
            "href": "https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000509909"
        },
        {
            "rel": "canonical",
            "href": "https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000509909"
        }
    ],
    "noticetype": "OJEU - F3 - Contract Award Notice",
    "awards": [
        {
            "id": "FIN/025/17",
            "relatedLots": [
                "1"
            ]
        }
    ],
    "contracts": [
        {
            "id": "FIN/025/17",
            "awardID": "FIN/025/17",
            "status": "active",
            "dateSigned": "2018-05-11T00:00:00Z"
        }
    ],
    "relatedProcesses": [
        {
            "id": "1",
            "relationship": [
                "planning"
            ],
            "scheme": "EU-OJ",
            "identifier": "2017/S 167-343924"
        }
    ]
}