Award

Tender for the Supply of Banking Services

DUNDEE CITY COUNCIL

This public procurement record has 2 releases in its history.

Summary of the contracting process

Dundee City Council is seeking banking services through an open tender process (Tender ID: FIN/19/01) that has reached the award stage. The contract, aimed at supplying banking services to Dundee City Council and associated bodies, is based in Dundee, UK, with a deadline for tender submissions having been on 4 March 2019. The total value of the contract awarded to The Royal Bank of Scotland is approximately £129,134.79, formally signed on 17 June 2019. The procurement process can be classified under the general public services industry category.

This procurement presents substantial growth opportunities for banking and financial services providers, particularly those licensed and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Companies that specialise in public sector banking, as well as those with a focus on community engagement and support services, would be well-suited to participate in future tenders from Dundee City Council, especially given the emphasis on delivering community benefits as part of the contract requirements.

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Notice Title

Tender for the Supply of Banking Services

Notice Description

The requirement here is for the supply of Banking Services to Dundee City Council and associated bodies.

Lot Information

Lot 1

The requirement here is for the supply of Banking Services to Dundee City Council and associated bodies.

Renewal: The duration of the contract will be for three (3) years, with the option of extending the contract, by mutual agreement, for a further period of one (1) year plus one (1) year, such extension will be based on the satisfactory performance of the contractor.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000571993
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG361969
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
PCS Notice - Website Contract Award 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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£129,134 £100K-£500K

Notice Dates

Publication Date
1 Aug 20196 years ago
Submission Deadline
4 Mar 2019Expired
Future Notice Date
Not specified
Award Date
17 Jun 20196 years ago
Contract Period
Not specified - Not specified
Recurrence
January 2022 if no extension period activated January 2023 if first extension period activated January 2024 if second extension period activated

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DUNDEE CITY COUNCIL
Contact Name
Jennifer Heighton
Contact Email
jennifer.heighton@dundeecity.gov.uk
Contact Phone
+44 1382434000

Buyer Location

Locality
DUNDEE
Postcode
DD1 1NZ
Post Town
Dundee
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM0 Eastern Scotland
Small Region (ITL 3)
TLM03 Angus and Dundee City
Delivery Location
TLM71 Angus and Dundee City

Local Authority
Dundee City
Electoral Ward
Maryfield
Westminster Constituency
Dundee Central

Supplier Information

Number of Suppliers
1
Supplier Name

THE ROYAL BANK OF SCOTLAND

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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