---
title: "Banking Services"
ocid: "ocds-b5fd17-033d33e6-01f2-487e-9231-bc9a0d8c7017"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-033d33e6-01f2-487e-9231-bc9a0d8c7017"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-033d33e6-01f2-487e-9231-bc9a0d8c7017.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-033d33e6-01f2-487e-9231-bc9a0d8c7017.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "LINCOLNSHIRE COUNTY COUNCIL"
published: "2023-07-28"
---

# Banking Services

Buyer: LINCOLNSHIRE COUNTY COUNCIL  
Current stage: Tender  
OCID: ocds-b5fd17-033d33e6-01f2-487e-9231-bc9a0d8c7017

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-033d33e6-01f2-487e-9231-bc9a0d8c7017)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-033d33e6-01f2-487e-9231-bc9a0d8c7017.json)

## Summary

The Lincolnshire County Council is inviting tenders for banking services, including maintaining bank accounts, handling cash and cheques, processing payments, and providing internet banking services. The contract value is £210,000 in GBP. The tender deadline is 28th August 2023, and the contract is expected to run from 1st April 2024 to 31st March 2029. This opportunity is suitable for SMEs and VCSEs, with the procurement method being an open procedure.

This tender by Lincolnshire County Council presents a lucrative opportunity for businesses in the banking and investment services sector to secure a long-term contract. Companies specialising in financial services, payment processing, and internet banking solutions are well-suited to compete. The council's emphasis on supporting SMEs and VCSEs makes it an attractive prospect for smaller enterprises looking to expand their presence in the public sector procurement market.

## Notice

This Invitation to Tender relates to the Council's contract for banking services. The banking services required include the maintenance of bank accounts, cash and cheque handling, BACS, CHAPS, Faster Payments processing and other money transmission services associated with local authority banking arrangements. The Council will also require an internet banking service for balance/transaction reporting and payment initiation. Facilities to enable the Council to manage third party bank accounts on behalf of social care customers will also be required.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a52642be-ab35-4e85-a3e1-e481d1bd4a2a |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME, VCSE |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 28 Jul 2023 |
| Submission deadline | 28 Aug 2023 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 31 Mar 2024 - 31 Mar 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £210,000 |
| 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 | LINCOLNSHIRE COUNTY COUNCIL |
| Locality | LINCOLN |
| Post town | Lincoln |
| Postcode | LN1 1YL |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF3 Lincolnshire |
| ITL 3 | TLF30 Lincolnshire CC |
| Local authority | Lincoln |
| Electoral ward | Carholme |
| Westminster constituency | Lincoln |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services
- 66110000 - Banking services

## Release History

- 28 Jul 2023 at 11:10 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/a52642be-ab35-4e85-a3e1-e481d1bd4a2a

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/a52642be-ab35-4e85-a3e1-e481d1bd4a2a
  28th July 2023 - Opportunity notice on Contracts Finder

## Notice URLs

- https://www.lincolnshire.gov.uk

## 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-b5fd17-033d33e6-01f2-487e-9231-bc9a0d8c7017. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-033d33e6-01f2-487e-9231-bc9a0d8c7017.json.