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Core Banking Services

The City of Edinburgh Council

This public procurement record has 2 releases in its history.

Award

23 Mar 2020 at 00:00

OJEU - F3 - Contract Award Notice
Tender

02 Jul 2019 at 01:00

OJEU - F2 - Contract Notice
Summary of the contracting process

The City of Edinburgh Council, alongside Fife Council and Scottish Borders Council, has initiated a procurement process for "Core Banking Services." This open tender, currently in the award stage, is aimed at delivering essential banking services to multiple organisations including the City of Edinburgh Council itself and Edinburgh Leisure. Key activities occur within the location of Edinburgh and surrounding areas, with the procurement needing to comply with set legal regulations, and the value of the award totaled £783,028.56, signed on 22 January 2020.

This procurement presents significant opportunities for businesses involved in financial services and technology, particularly those capable of delivering comprehensive banking solutions. Companies that meet the minimum annual turnover threshold of £600,000 and possess the necessary regulatory authorisations from the Financial Conduct Authority are well-suited to compete. Furthermore, successful tenderers will also be expected to contribute to community benefits, making it an appealing contract for businesses that excel in corporate social responsibility.

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Notice Information

Notice Title

Core Banking Services

Notice Description

Requirement for core banking services for a number of organisations. Tenders are on the basis of providing the service to the City of Edinburgh Council, Fife Council, Scottish Borders Council,Fife Council and Edinburgh Leisure.

Lot Information

Lot 1

Requirement for core banking services for a number of organisations. Tenders are on the basis of providing the service to the City of Edinburgh Council, Fife Council, Scottish Borders Council, Fife Council and Edinburgh Leisure.

Renewal: Any Contract resulting from this Tender will commence in January 2020 for a period of four years with the option to extend for up to a further twenty four months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000589472
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR384203
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
Not specified
Awards Value
Not specified
Contracts Value
£783,028 £500K-£1M

Notice Dates

Publication Date
23 Mar 20206 years ago
Submission Deadline
23 Aug 2019Expired
Future Notice Date
Not specified
Award Date
22 Jan 20206 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
The City of Edinburgh Council
Additional Buyers

Edinburgh Leisure

Fife Council

Scottish Borders 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
EDINBURGH
Postcode
EH8 8BG
Postcode Area
Edinburgh
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM72 Clackmannanshire and Fife, TLM75 City of Edinburgh, TLM91 Scottish Borders
Local Authority
City of Edinburgh
Electoral Ward
City Centre
Westminster Constituency
Edinburgh East and Musselburgh

Supplier Information

Number of Suppliers
1
Supplier Name

RBS

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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