Award

Central Banking Services

WEST LOTHIAN COUNCIL

This public procurement record has 1 release in its history.

Summary of the contracting process

The West Lothian Council has awarded a contract for Central Banking Services through a direct award via the Technology Procurement Association (TPA), Banking and Finance Framework (BFF). The procurement process was completed, and the contract is currently active. The service falls under the main procurement category of services and is specifically excluded from procurement competition requirements by the Public Contracts (Scotland) Regulations 2015 under Section 11 (1) (g). The contract was signed on 18th July 2023, with a total value of £500,000. The procurement method used was an open procedure.

This tender for Central Banking Services, awarded by the West Lothian Council, presents business opportunities for companies providing core banking services such as current accounts, bacs payments, online banking, chaps payments, and more within the region. Businesses operating in the banking and finance sector, especially those offering central banking services, would be well-suited to compete for this contract. The contract award to Bank of Scotland highlights the potential for large-scale service providers to engage in such opportunities facilitated by frameworks like the TPA Banking and Finance Framework.

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Notice Title

Central Banking Services

Notice Description

Direct award via the Technology Procurement Association (TPA), Banking and Finance Framework (BFF) for the provision of central banking services. Central Banking Services are specifically excluded from procurement competition requirement by the provisions of the Public Contracts (Scotland) Regulations 2015 under Section 11 (1) (g).

Lot Information

Lot 1

For the provision of central banking services which include Core banking services such as current accounts, bacs payments, direct debit processing, online banking, chaps payments, bulk withdrawals and other banking services within West Lothian Council. Central Banking Services are specifically excluded from procurement competition requirement by the provisions of the Public Contracts (Scotland) Regulations 2015 under Section 11 (1) (g).

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000745709
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP489067
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
£500,000 £500K-£1M

Notice Dates

Publication Date
26 Sep 20232 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
18 Jul 20232 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
WEST LOTHIAN COUNCIL
Contact Name
Susan Chisusu
Contact Email
susan.chisusu@westlothian.gov.uk
Contact Phone
+44 1506281812

Buyer Location

Locality
LIVINGSTON
Postcode
EH54 6FF
Post Town
Edinburgh
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM14 West Lothian
Delivery Location
TLM78 West Lothian

Local Authority
West Lothian
Electoral Ward
Livingston South
Westminster Constituency
Livingston

Supplier Information

Number of Suppliers
1
Supplier Name

BANK OF SCOTLAND

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP489067
    Central Banking Services - Direct award via the Technology Procurement Association (TPA), Banking and Finance Framework (BFF) for the provision of central banking services. Central Banking Services are specifically excluded from procurement competition requirement by the provisions of the Public Contracts (Scotland) Regulations 2015 under Section 11 (1) (g).

Open Contracting Data Standard (OCDS)

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