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Banking Services 2019

Comhairle nan Eilean Siar

This public procurement record has 2 releases in its history.

Award

18 Apr 2019 at 01:00

OJEU - F3 - Contract Award Notice
Award

08 Feb 2019 at 00:00

OJEU - F15 - Voluntary Ex Ante Transparency Notice
Summary of the contracting process

The procurement process for Banking Services 2019 was conducted by Comhairle nan Eilean Siar, located at Council Offices, Sandwick Road, Stornoway, UK. This was a limited procurement method without prior publication of a call for competition, aimed at securing banking services for the authority. The contract was awarded to The Royal Bank of Scotland, with a total value of £100,000. The contract was signed on 31st January 2019 and has now been completed. The procurement falls under the category of general public services.

This tender presents a significant opportunity for businesses, particularly those with an existing presence on the islands, as the procurement was specifically limited to financial institutions capable of providing such services locally. Companies that have experience in banking services and meet the criteria set by Comhairle nan Eilean Siar will find it advantageous to engage with similar future tenders. As the competitive landscape is tight, local or regional banks with demonstrated service capabilities may particularly thrive in such scenarios.

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Notice Information

Notice Title

Banking Services 2019

Notice Description

Provision of Banking Services for Comhairle nan Eilean Siar

Procurement Information

The Supply base for this service is already limited to those Financial Institutions with an Island presence, this reduces the market considerably. In all previous tendering exercises undertaken by the Authority only the incumbent supplier has submitted an offer.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000572947
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR352029
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
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
£100,000 £100K-£500K

Notice Dates

Publication Date
18 Apr 20197 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 Jan 20197 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Comhairle nan Eilean Siar
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
STORNOWAY
Postcode
HS1 2BW
Postcode Area
Outer Hebrides
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM2 Highlands and Islands
Small Region (ITL 3)
TLM20 Highlands and Islands
Delivery Location
Not specified
Local Authority
Na h-Eileanan Siar
Electoral Ward
Steòrnabhagh a Deas
Westminster Constituency
Na h-Eileanan an Iar

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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