Award

SLC Provision of Banking Services

SOUTH LANARKSHIRE COUNCIL

This public procurement record has 1 release in its history.

Summary of the contracting process

The procurement process for the "SLC Provision of Banking Services" was conducted by South Lanarkshire Council, based in Hamilton, UK. This public procurement falls under the services category, specifically relating to housing and community amenities. The procurement method used was an open procedure, reflecting a transparent approach to attracting bids. The contract was awarded on 18th October 2021, with the total contract value amounting to £440,313. The process has now reached the award stage and is complete.

This tender presents significant opportunities for businesses specialising in financial services, particularly banking institutions that can provide comprehensive banking solutions. Given that only one bid was submitted from a foreign entity, there is potential for increased competition in future tenders. Companies focused on public sector banking services and capable of meeting specific local authority requirements would be well-positioned to capitalise on similar upcoming contracts and enhance their business growth.

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Notice Title

SLC Provision of Banking Services

Notice Description

Provision of banking services

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000672188
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV431756
Current Stage
Award
All Stages
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
£440,313 £100K-£500K

Notice Dates

Publication Date
1 Nov 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
18 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

Contracting Authority (Buyer)

Main Buyer
SOUTH LANARKSHIRE COUNCIL
Contact Name
Irene Ann Peacock
Contact Email
irene.peacock@southlanarkshire.gov.uk
Contact Phone
+44 1698454793

Buyer Location

Locality
HAMILTON
Postcode
ML3 0AA
Post Town
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

THE ROYAL BANK OF SCOTLAND

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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