Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Provision of Banking Services

South Lanarkshire Council

This public procurement record has 2 releases in its history.

Award

10 Aug 2023 at 01:00

PCS Notice - Website Contract Award Notice
Tender

17 May 2021 at 01:00

PCS Notice - Website Contract Notice
Summary of the contracting process

The South Lanarkshire Council has completed a tender process for the provision of banking services. The procurement stage was at an award stage, and the contract was signed on 12th October 2021. The title of the tender was "Provision of Banking Services", falling under the services category. The buying organisation was the South Lanarkshire Council located in Hamilton, UK. The South Lanarkshire Council sought banking services to administer council funds and operate 21 current accounts.

This tender for banking services by the South Lanarkshire Council presents an opportunity for businesses to provide essential financial services to a public organisation. Companies in the banking sector or financial services industry would be well-suited to compete in this procurement process. The tender was an open procedure, and the award was granted to the Royal Bank of Scotland. Businesses looking to grow through public procurement contracts in the services sector should consider engaging with the South Lanarkshire Council for potential future opportunities.

How relevant is this notice?

Notice Information

Notice Title

Provision of Banking Services

Notice Description

South Lanarkshire Council are seeking banking services for all resources within South Lanarkshire Council, South Lanarkshire Leisure and Culture Ltd and SLL Trading Ltd to administer Council funds, pay employees and suppliers and to collect income due to the Council. There are 21 current accounts in operation.

Lot Information

Lot 1

The Council are seeking a provider for Banking services for the day to day running of the Council's, South Lanarkshire Leisure and Culture Ltd and SLL Trading Ltd to administer Council funds, pay employees and suppliers and to collect income due to the Council. There are 21 current accounts in operation. Other services required include:- Cash and Cheque Processing Provision of Petty Cash Imprest Accounts Provision of an Electronic Banking System Provision of Reconciliation Data Provision of Overdraft and Intra Day Facilities

Renewal: When contract terms ends

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000653958
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG485725
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£240,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£440,313 £100K-£500K

Notice Dates

Publication Date
10 Aug 20233 years ago
Submission Deadline
6 Jul 2021Expired
Future Notice Date
Not specified
Award Date
12 Oct 20214 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
South Lanarkshire 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
HAMILTON
Postcode
ML3 0AA
Postcode Area
Motherwell
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM9 Southern Scotland
Small Region (ITL 3)
TLM95 South Lanarkshire
Delivery Location
TLM95 South Lanarkshire
Local Authority
South Lanarkshire
Electoral Ward
Hamilton North and East
Westminster Constituency
Hamilton and Clyde Valley

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=MAY415247
    Provision of Banking Services - South Lanarkshire Council are seeking banking services for all resources within South Lanarkshire Council, South Lanarkshire Leisure and Culture Ltd and SLL Trading Ltd to administer Council funds, pay employees and suppliers and to collect income due to the Council. There are 21 current accounts in operation.
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG485725
    Provision of Banking Services - South Lanarkshire Council are seeking banking services for all resources within South Lanarkshire Council, South Lanarkshire Leisure and Culture Ltd and SLL Trading Ltd to administer Council funds, pay employees and suppliers and to collect income due to the Council. There are 21 current accounts in operation.

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...