---
title: "Banking Services - AWARD"
ocid: "ocds-b5fd17-0455e72b-b5ed-4ef8-a449-ec9376f5f79a"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-0455e72b-b5ed-4ef8-a449-ec9376f5f79a"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-0455e72b-b5ed-4ef8-a449-ec9376f5f79a.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-0455e72b-b5ed-4ef8-a449-ec9376f5f79a.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NORFOLK COUNTY COUNCIL"
published: "2024-11-25"
---

# Banking Services - AWARD

Buyer: NORFOLK COUNTY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-0455e72b-b5ed-4ef8-a449-ec9376f5f79a

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## Summary

Norfolk County Council has awarded a contract for banking services, encompassing Breckland, Broadland, North Norfolk, and South Norfolk District Councils, as well as several borough councils and subsidiaries. The tender, classified under CPV code 66110000, involves an open procurement procedure with an initial contract term of 5 years, starting from 11 November 2025, with potential extensions up to 9 years. The contract will cater to multiple regions including the United Kingdom, Channel Islands, Isle of Man, British Overseas Territories, Europe, and the rest of the world. Key deadlines include an award date of 12 November 2024 and an end date for the tender period on 30 September 2024.

This tender creates significant growth opportunities for businesses offering comprehensive banking services. Given the broad scope and extended duration of the contract, established banking institutions with robust service portfolios and regional capabilities would be well-suited to compete. Enterprises capable of providing tailored financial solutions to multiple councils and their subsidiaries can leverage this opportunity to expand their market presence and long-term client base.

## Notice

Norfolk County Council on its own behalf and on behalf of Breckland, Broadland, North Norfolk and South Norfolk District Councils, Great Yarmouth, King's Lynn & West Norfolk Borough Councils and Norwich City Council and subsidiaries of the aforementioned authorities (together knowns as the Contracting Authorities) wishes to purchase banking services for themselves and with the other authorities listed, including their subsidiaries. While a single provider will be chosen for the provision of banking services, individual contracts will be required for each Contracting Authority participating. We are looking for an initial contract term of 5 years plus two extensions of 2 years up to a total term of 9 years. Full details of the requirement can be found in the Service Specification, which forms a Schedule to the Terms and Conditions.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/59e12020-2f80-4a9a-980c-e952f9bceb76 |
| Notice type | Award 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 | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Nov 2024 |
| Submission deadline | 30 Sep 2024 |
| Future notice date | Not specified |
| Award date | 12 Nov 2024 |
| Contract period | 11 Nov 2025 - 10 Nov 2030 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £1,818,069 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NORFOLK COUNTY COUNCIL |
| Locality | NORFOLK |
| Post town | Norwich |
| Postcode | NR1 2DH |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH5 Norfolk |
| ITL 3 | TLH51 Norwich and East Norfolk |
| Local authority | Norwich |
| Electoral ward | Lakenham |
| Westminster constituency | Norwich South |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BARCLAYS BANK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66110000 - Banking services

## Release History

- 25 Nov 2024 at 13:24 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/59e12020-2f80-4a9a-980c-e952f9bceb76

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/59e12020-2f80-4a9a-980c-e952f9bceb76
  25th November 2024 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.norfolk.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-b5fd17-0455e72b-b5ed-4ef8-a449-ec9376f5f79a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-0455e72b-b5ed-4ef8-a449-ec9376f5f79a.json.
