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Provision of Banking Services

Scottish Government

This public procurement record has 2 releases in its history.

Award

01 Aug 2018 at 01:00

OJEU - F3 - Contract Award Notice
Tender

16 Feb 2018 at 00:00

OJEU - F2 - Contract Notice
Summary of the contracting process

The Scottish Government is seeking to establish a Framework Agreement for the Provision of Banking Services. This procurement process is currently in the award stage, with the requirement focused on delivering comprehensive banking services to various governmental organisations, including NHS Boards and Colleges, in the UKM region. The contract was signed on 31 July 2018, and the total value of the contract is approximately £1,055,933.64. This procurement followed an open procedure, with bids accepted via electronic submission until the deadline of 26 March 2018.

This tender presents significant opportunities for businesses in the financial services sector, particularly those specialising in banking solutions and associated services. Suppliers that can offer a range of banking services—such as treasury management, electronic banking, and cash withdrawal solutions—will be well-positioned to compete. Given the emphasis on sustainability and community benefits in the procurement criteria, businesses with strong social responsibility and community engagement strategies may also find an advantage in the bidding process.

How relevant is this notice?

Notice Information

Notice Title

Provision of Banking Services

Notice Description

The Scottish Ministers wish to award a Framework Agreement for the provision of Banking Services. The Framework will provide a fully managed service, including but not limited to Current Accounts, Virtual Accounts, Electronic and Internet Banking, BACS, CHAPS, Faster Payments, Cheques and Digital Imaging, Overseas Payments, Project Bank Accounts, Bulk Processing Centre Deposits, Cash Withdrawals, Treasury Management, Branch Facilities or Alternative Solutions. The requirement will be delivered by a single supplier. The Framework Agreement shall provide comprehensive Banking Services, for organisations in the Central Government sector, NHS Boards and Colleges.

Lot Information

Lot 1

Scottish Ministers (including Agencies), Scottish Non-Departmental Public Bodies, offices in the Scottish Administration which are not ministerial offices, cross-border public authorities within the meaning of section 88(5) of the Scotland Act 1998, the Scotland Office, the Scottish Parliamentary Corporate Body, the Scottish Fire and Rescue Service, the Scottish Police Authority, Student Loans Company Limited, the Forestry Commission, the Commissioner of Northern Lighthouse operating as the Northern Lighthouse Board, Equality and Human Rights Commission, Business Stream Ltd, Colleges, any public body established by or under the Scotland Act 1998 or any Act of the Scottish Parliament, any association of or formed by one or more of the foregoing, bodies financed wholly or mainly by one or more of the foregoing, bodies subject to management supervision by one or more of the foregoing and bodies more than half of the board of directors or members of which, or, in the case of a group of individuals, more than half of those individuals, being appointed by one or more of the foregoing. Information about Scottish Public Bodies is available at: http://www.scotland.gov.uk/Topics/Government/public-bodies/about Information about the Review of Public Procurement in Scotland and links to the other Centres of Expertise are available at: http://www.gov.scot/Topics/Government/Procurement Detailed Award Criteria are stated in the Procurement Documents.. Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000528828
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG326849
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open 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
£1,500,000 £1M-£10M
Lots Value
£1,500,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£1,055,933 £1M-£10M

Notice Dates

Publication Date
1 Aug 20188 years ago
Submission Deadline
26 Mar 2018Expired
Future Notice Date
Not specified
Award Date
31 Jul 20188 years ago
Contract Period
Not specified - Not specified
Recurrence
Within four years.

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Government
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EDINBURGH
Postcode
G2 8LU
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM Scotland
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

The Royal Bank of scotland

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB310611
    Provision of Banking Services - The Scottish Ministers wish to award a Framework Agreement for the provision of Banking Services. The Framework will provide a fully managed service, including but not limited to Current Accounts, Virtual Accounts, Electronic and Internet Banking, BACS, CHAPS, Faster Payments, Cheques and Digital Imaging, Overseas Payments, Project Bank Accounts, Bulk Processing Centre Deposits, Cash Withdrawals, Treasury Management, Branch Facilities or Alternative Solutions. The requirement will be delivered by a single supplier. The Framework Agreement shall provide comprehensive Banking Services, for organisations in the Central Government sector, NHS Boards and Colleges.
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG326849
    Provision of Banking Services - The Scottish Ministers wish to award a Framework Agreement for the provision of Banking Services. The Framework will provide a fully managed service, including but not limited to Current Accounts, Virtual Accounts, Electronic and Internet Banking, BACS, CHAPS, Faster Payments, Cheques and Digital Imaging, Overseas Payments, Project Bank Accounts, Bulk Processing Centre Deposits, Cash Withdrawals, Treasury Management, Branch Facilities or Alternative Solutions. The requirement will be delivered by a single supplier. The Framework Agreement shall provide comprehensive Banking Services, for organisations in the Central Government sector, NHS Boards and Colleges.

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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