--- title: "Provision of Banking Services and Credit Card Facilities" ocid: "ocds-b5fd17-010b4ba7-5d4b-46ab-be93-0cbfa5f0a479" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-010b4ba7-5d4b-46ab-be93-0cbfa5f0a479" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-010b4ba7-5d4b-46ab-be93-0cbfa5f0a479.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-010b4ba7-5d4b-46ab-be93-0cbfa5f0a479.json" source: "Contracts Finder" current_stage: "Tender" buyer: "SOUTHEND-ON-SEA BOROUGH COUNCIL" published: "2018-08-20" --- # Provision of Banking Services and Credit Card Facilities Buyer: SOUTHEND-ON-SEA BOROUGH COUNCIL Current stage: Tender OCID: ocds-b5fd17-010b4ba7-5d4b-46ab-be93-0cbfa5f0a479 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-010b4ba7-5d4b-46ab-be93-0cbfa5f0a479) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-010b4ba7-5d4b-46ab-be93-0cbfa5f0a479.json) ## Summary Southend-on-Sea Borough Council is seeking tenders for the "Provision of Banking Services and Credit Card Facilities". This procurement falls under the financial and insurance services category and is located in the East of England. The process is currently in the tender stage, with responses required by 12 noon on 21st September 2018. The contract, valued at £900,000, is set to operate for five years starting from 1st April 2019, with a possible two-year extension based on performance. The procurement method is open, inviting participation from all eligible suppliers. This tender presents a significant opportunity for banks and financial service providers, particularly those equipped to meet the stringent requirements outlined by the Council, including passing the Bank of England stress tests or equivalent. Companies that specialise in banking solutions, credit card processing, and associated technological services would be well-positioned to compete for this contract, which aims to enhance the efficiency and effectiveness of the Council's financial operations while ensuring value for money. ## Notice Tender opportunity for Provision of Banking Services and Credit Card Facilities Introduction Southend-on-Sea Borough Council ("the Council") is inviting tenders from members of 'The Cheque and Credit Clearing Company', or equivalent, known as clearing banks for the provision of Banking Services and Credit Card Facilities to the Council. Background The Council has responsibility for providing all Council services across the borough, including banking services in order to transact its strategic and operational business. Annual gross revenue expenditure reported in our audited 2017/2018 Statement of Accounts was PS416 million. The Council has a Housing Revenue Account and has transferred responsibility for the management of its 6,000 housing stock to an Arms-Length Management Organisation. Also the council has a capital programme for 2017/2018 of PS78 million. Future planned expenditure on the capital programme is PS137 million. Objectives Southend-on-Sea Borough Council (SBC) would like to appoint a suitable Provider for the delivery of comprehensive banking services and credit card facilities and using this opportunity to assess the continual advances in technology and banking processes, whilst ensuring value for money. Project Scope The services shall include, but not be limited to, the following four elements, which are to be provided by the same bank on the basis of the most economically advantageous tender: Main Banking Services, Merchant Credit Card Facilities, Government Procurement/Corporate/Commercial Credit/Payment/Purchase Card Facilities and Court of Protection/Corporate Appointee client money service. Contract Period The contract shall operate for a period of five years with a commencement date on 1st April 2019, and potential option to extend for further two years, subject to agreement and satisfactory performance. Process Interested suppliers should note that this tender is being run electronically through the Council's eTendering system - ProContract. Respondents to this advert who are interested in applying are required to register on Procontract etendering system and complete the Selection Questionnaire and supporting Tender Documentation as instructed in the accompanying Guidance notes. Tenderer should have been judged as having passed the Bank of England stress test on UK banks or equivalent EU Bank test in the latest available records. To access and register your company on ProContract, click on the following link: https://procurement.southend.gov.uk/southend/portal.nsf/index.htm The deadline for submitting your responses to the Selection Questionnaire and Tender Documentation is 12 noon on Friday 21st September 201 ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/bee6347a-88c3-4d03-9775-21ea957851c1 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 20 Aug 2018 | | Submission deadline | 21 Sep 2018 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Mar 2019 - 31 Mar 2024 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £900,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | SOUTHEND-ON-SEA BOROUGH COUNCIL | | Locality | SOUTHEND ON SEA | | Post town | Southend-on-Sea | | Postcode | SS2 6LR | | Country | England | | ITL 1 | TLH East (England) | | ITL 2 | TLH3 Essex | | ITL 3 | TLH31 Southend-on-Sea | | Local authority | Southend-on-Sea | | Electoral ward | Victoria | | Westminster constituency | Southend East and Rochford | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services ## Release History - 20 Aug 2018 at 08:57 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/bee6347a-88c3-4d03-9775-21ea957851c1 - 20 Aug 2018 at 08:32 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/bee6347a-88c3-4d03-9775-21ea957851c1 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/bee6347a-88c3-4d03-9775-21ea957851c1 20th August 2018 - Opportunity notice on Contracts Finder - http://www.southend.gov.uk/ Tender opportunity for Provision of Banking Services and Credit Card Facilities ## Notice URLs - https://procurement.southend.gov.uk/southend/portal.nsf/index.htm ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-010b4ba7-5d4b-46ab-be93-0cbfa5f0a479. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-010b4ba7-5d4b-46ab-be93-0cbfa5f0a479.json.