---
title: "INVITATION TO TENDER FOR BANKING SERVICES"
ocid: "ocds-b5fd17-16631d49-e928-49cd-aed6-9d54993a6fd1"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-16631d49-e928-49cd-aed6-9d54993a6fd1"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-16631d49-e928-49cd-aed6-9d54993a6fd1.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-16631d49-e928-49cd-aed6-9d54993a6fd1.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "GLOUCESTERSHIRE COUNTY COUNCIL"
published: "2020-09-25"
---

# INVITATION TO TENDER FOR BANKING SERVICES

Buyer: GLOUCESTERSHIRE COUNTY COUNCIL  
Current stage: Tender  
OCID: ocds-b5fd17-16631d49-e928-49cd-aed6-9d54993a6fd1

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-16631d49-e928-49cd-aed6-9d54993a6fd1)  
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## Summary

Gloucestershire County Council (GCC) is inviting tenders for transactional banking services, which are essential for managing their four main bank accounts and additional accounts such as a Head Office Collection Account for school and library payments. This tender is categorised under banking services (CPV 66110000) and is currently in the active phase of the open procurement process. The deadline for submission of tenders is set for 6th November 2020, with the contract expected to commence on 16th January 2021 and lasting until 25th September 2025. The services will be provided to the South West region of England, with a total contract value of £265,000.

This procurement is a significant opportunity for financial institutions and service providers specialising in banking solutions. Businesses that excel in transactional banking, internet banking administration, and can offer innovative payment systems would be particularly well-suited to compete. Firms aiming to expand their service offerings or establish new contracts within the public sector can benefit from this engagement with GCC, enhancing their visibility and portfolio in the competitive market of public service financial management.

## Notice

Gloucestershire County Council (GCC) intends to procure a transactional banking provider for general banking services. The banking service requirements of GCC are below. Four (4) main bank accounts, with the ability to be administered through internet banking, which can handle common forms of banking transaction, including foreign generated transactions. The ability to pool these main accounts, with the contractual right to offset for both balances and interest calculation A further account which is to be segregated from the main accounts, but administered through the same internet banking portal as the main accounts. A Head Office Collection Account (HOCA) for the receipt of school and library payments, (or any legitimate, cost effective replacement system). Documents available via Pro Contract - https://proconreact.due-north.com

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/4b3afe61-cf86-45cb-b7ee-6ee42f350834 |
| 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 | 25 Sep 2020 |
| Submission deadline | 6 Nov 2020 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 16 Jan 2021 - 25 Sep 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £265,000 |
| 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 | GLOUCESTERSHIRE COUNTY COUNCIL |
| Locality | GLOUCESTER |
| Post town | Gloucester |
| Postcode | GL1 2TG |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK7 Gloucestershire and Wiltshire |
| ITL 3 | TLK73 Gloucestershire CC |
| Local authority | Gloucester |
| Electoral ward | Westgate |
| Westminster constituency | Gloucester |
| Delivery location | TLK South West (England) |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66110000 - Banking services

## Release History

- 25 Sep 2020 at 11:40 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/4b3afe61-cf86-45cb-b7ee-6ee42f350834

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/4b3afe61-cf86-45cb-b7ee-6ee42f350834
  25th September 2020 - Opportunity notice on Contracts Finder

## Notice URLs

- https://proconreact.due-north.com
- https://www.gloucestershire.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-b5fd17-16631d49-e928-49cd-aed6-9d54993a6fd1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-16631d49-e928-49cd-aed6-9d54993a6fd1.json.