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Banking Services

Glasgow City Council

This public procurement record has 3 releases in its history.

AwardUpdate

06 Oct 2025 at 01:00

OJEU - F20 - Modification Notice
Award

02 Jul 2019 at 01:00

OJEU - F3 - Contract Award Notice
Tender

24 May 2018 at 01:00

OJEU - F2 - Contract Notice
Summary of the contracting process

Glasgow City Council has conducted a procurement process for comprehensive banking services, which has proceeded to the contract stage. This process is categorised under the services industry (CPV 66110000) and is relevant to financial service provision, with activities including account maintenance, electronic banking, cash processing, and corporate card provision. The procurement process is currently in the "contractUpdate" stage with the Royal Bank of Scotland as the contracted supplier, overseeing processes within the Glasgow, UK locale. Initially commenced in 2019, the current contract period is set to conclude by the end of 2025, with a recent amendment extending contractual obligations for a further year into 2026, ending on 31st December 2026, at a contract value of £1,020,571.34 GBP. The procurement method utilised was an open tender procedure, ensuring transparency and competitiveness.

This tender presents significant opportunities for financial service providers, especially those with the capacity to manage comprehensive banking operations for public institutions. Businesses in the banking and finance sectors, particularly those experienced in public service banking, will find this opportunity valuable for expansion and partnership in public sector projects. The contract covers various services including electronic banking and cash management, thereby necessitating expertise in handling complex financial transactions and services. Companies aiming to enhance their portfolio in governmental contracts or looking to establish a more substantial presence in the public financial management space stand to gain considerably from participating in such tenders, securing a position as either a primary or supportive service provider within the governmental infrastructure.

How relevant is this notice?

Notice Information

Notice Title

Banking Services

Notice Description

The council is seeking a comprehensive banking service which includes the maintenance of the council's bank accounts, electronic banking, BACS and CHAPS clearing, Faster Payments, cash processing, foreign payments and currency, provision of corporate credit cards, provision of pre-paid cards and other activities associated with local authority banking business. In relation to this Invitation to Tender, Bidders are asked to note that the following Affiliated Bodies will participate in this contract: Community Safety Glasgow Ltd; Culture and Sport Glasgow (Branded as Glasgow Life); Culture and Sport Glasgow (Trading) CIC; Cordia (Services) LLP; City Property (Glasgow) LLP; City Building(Glasgow) LLP. Full details of the ALEO's can be found within the ITT.

Lot Information

Lot 1

The council is seeking a comprehensive banking service which includes the maintenance of the council's bank accounts, electronic banking, BACS and CHAPS clearing, Faster Payments, cash processing, foreign payments and currency, provision of corporate credit cards, provision of pre-paid cards and other activities associated with local authority banking business. The following Affiliated Bodies will participate in this contract:Community Safety Glasgow Ltd; Culture and Sport Glasgow (Branded as Glasgow Life); Culture and Sport Glasgow (Trading) CIC; Cordia (Services) LLP; City Property (Glasgow) LLP; City Building (Glasgow) LLP. Full detail can be found within the ITT.

Renewal: Extension up to 3 years would start from Sept 2022-2025 Retender of contract from Sept 2024

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000532644
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT540669
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F20 - Modification Notice
Procurement Type
Standard
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
£822,000 £500K-£1M
Lots Value
£822,000 £500K-£1M
Awards Value
Not specified
Contracts Value
£1,020,571 £1M-£10M

Notice Dates

Publication Date
6 Oct 202510 months ago
Submission Deadline
29 Jun 2018Expired
Future Notice Date
Not specified
Award Date
10 Sep 20187 years ago
Contract Period
1 Jan 2026 - 31 Dec 2026 6-12 months
Recurrence
Earliest (with no extension taken) Sept 2021. Latest with extensions taken (3 years) Sept 2024

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Glasgow City 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
GLASGOW
Postcode
G2 1DU
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
TLM82 Glasgow City
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North East

Supplier Information

Number of Suppliers
1
Supplier Name

ROYAL BANK OF SCOTLAND

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY320142
    Banking Services - The council is seeking a comprehensive banking service which includes the maintenance of the council's bank accounts, electronic banking, BACS and CHAPS clearing, Faster Payments, cash processing, foreign payments and currency, provision of corporate credit cards, provision of pre-paid cards and other activities associated with local authority banking business. In relation to this Invitation to Tender, Bidders are asked to note that the following Affiliated Bodies will participate in this contract: Community Safety Glasgow Ltd; Culture and Sport Glasgow (Branded as Glasgow Life); Culture and Sport Glasgow (Trading) CIC; Cordia (Services) LLP; City Property (Glasgow) LLP; City Building(Glasgow) LLP. Full details of the ALEO's can be found within the ITT.
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL359423
    Banking Services - The council is seeking a comprehensive banking service which includes the maintenance of the council's bank accounts, electronic banking, BACS and CHAPS clearing, Faster Payments, cash processing, foreign payments and currency, provision of corporate credit cards, provision of pre-paid cards and other activities associated with local authority banking business. In relation to this Invitation to Tender, Bidders are asked to note that the following Affiliated Bodies will participate in this contract: Community Safety Glasgow Ltd; Culture and Sport Glasgow (Branded as Glasgow Life); Culture and Sport Glasgow (Trading) CIC; Cordia (Services) LLP; City Property (Glasgow) LLP; City Building(Glasgow) LLP. Full details of the ALEO's can be found within the ITT.
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT540669
    Banking Services

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