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Call off Contract under Framework Agreement for Banking Services - Lot 1 Renfrewshire Council and Associated Bodies

Renfrewshire Council

This public procurement record has 1 release in its history.

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07 Mar 2025 at 00:00

PCS Notice - Website Contract Award Notice
Summary of the contracting process

Renfrewshire Council has awarded a call-off contract under a framework agreement for banking services (Lot 1), involving Renfrewshire Council and associated bodies. This contract, categorised under general public services, encompasses banking services within the region of UKM83. The procurement process, conducted via an open procedure, has reached the award stage. Key dates include the signing of the contract on 27th February 2025, with an anticipated value of £282,000 GBP. The contract spans a period of five years, with an option to extend for up to two additional years.

This procurement presents significant growth opportunities for businesses providing banking services, especially those capable of handling extensive financial operations for local authorities and associated bodies. Large financial institutions, like the awarded supplier Clydesdale Bank PLC, would find it advantageous to compete in this tender due to the scale and consistency of the services required. Given the structured framework, suppliers with a robust track record in public sector banking can leverage this contract to bolster their market position and expand their service offerings.

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Notice Information

Notice Title

Call off Contract under Framework Agreement for Banking Services - Lot 1 Renfrewshire Council and Associated Bodies

Notice Description

Contract Award Notice for Call off Contract under Framework Agreement for Banking Services - Lot 1 Renfrewshire Council and Associated Bodies for general banking services

Lot Information

Lot 1

Contract Award Notice for Call Off Contract under the Framework Agreement for Banking Services for Lot 1 Renfrewshire Council and Associated Service for general banking services. Economic Operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Options: The Council reserves the right under Regulation 72(1)(b) of the Public Contracts Scotland Regulations 2015 to add or remove banking services relating to the requirements that would not be appropriate to source from another Service Provider.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000792483
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR525472
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
PCS Notice - Website 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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£282,000 £100K-£500K

Notice Dates

Publication Date
7 Mar 20251 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 Feb 20251 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
Renfrewshire 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
PAISLEY
Postcode
PA1 1JB
Postcode Area
Paisley
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM33 Inverclyde, East Renfrewshire, and Renfrewshire
Delivery Location
TLM83 Inverclyde, East Renfrewshire, and Renfrewshire
Local Authority
Renfrewshire
Electoral Ward
Paisley East and Central
Westminster Constituency
Paisley and Renfrewshire South

Supplier Information

Number of Suppliers
1
Supplier Name

Clydesdale Bank PLC

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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