---
title: "City of London Corporation - Procurement Card Solution"
ocid: "ocds-b5fd17-1cc4ba4d-c0b4-44f3-a6a7-978fb67eef05"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1cc4ba4d-c0b4-44f3-a6a7-978fb67eef05"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1cc4ba4d-c0b4-44f3-a6a7-978fb67eef05.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-1cc4ba4d-c0b4-44f3-a6a7-978fb67eef05.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "CITY OF LONDON CORPORATION"
published: "2020-07-17"
---

# City of London Corporation - Procurement Card Solution

Buyer: CITY OF LONDON CORPORATION  
Current stage: Award  
OCID: ocds-b5fd17-1cc4ba4d-c0b4-44f3-a6a7-978fb67eef05

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-1cc4ba4d-c0b4-44f3-a6a7-978fb67eef05)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-1cc4ba4d-c0b4-44f3-a6a7-978fb67eef05.json)

## Summary

The City of London Corporation has successfully awarded a contract for a Procurement Card Solution, which is classified under Banking and Investment Services. This contract, awarded on 17th March 2020, has an effective period from 1st June 2020 until 31st May 2023, with the possibility of a 12-month extension. The procurement process followed a selective method as a call-off from a framework agreement, and the estimated value of the transactions conducted via these cards is approximately £5.5 million per financial year. The contract was closed as of 17th January 2020, marking the end of the tender period.

This opportunity presents significant potential for businesses engaged in financial services, especially those capable of providing similar solutions. Companies looking to tap into public sector contracts and those with experience in banking operations or procurement card services may find this procurement particularly relevant. The ongoing successful management of expenditures through such contracts can lead to enhanced business relationships and future work within the public sector for competent suppliers, particularly large-scale service providers like Lloyds Bank Plc.

## Notice

Please note that this is an award notice and the opportunity is closed. The Mayor and Commonalty and Citizens of the City of London has awarded a contract for the provision of Procurement Cards for a duration of 36 months, including an optional extension for a further 12 months. The maximum length of the Contract is 4 years in total. **Please note: This is a nil-cost contract for providing the Purchasing Card Service. The value spent across the cards is circa. PS5.5 million per financial year.**

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/336a14c9-ec39-45af-89ac-cf356e2c809d |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 17 Jul 2020 |
| Submission deadline | 17 Jan 2020 |
| Future notice date | Not specified |
| Award date | 17 Mar 2020 |
| Contract period | 31 May 2020 - 31 May 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| 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 | CITY OF LONDON CORPORATION |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2P 2EJ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI43 Haringey and Islington |
| Local authority | Islington |
| Electoral ward | Clerkenwell |
| Westminster constituency | Islington South and Finsbury |
| Delivery location | TLI London |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services

## Release History

- 17 Jul 2020 at 08:25 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/336a14c9-ec39-45af-89ac-cf356e2c809d

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/336a14c9-ec39-45af-89ac-cf356e2c809d
  17th July 2020 - Awarded contract notice on Contracts Finder

## 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-b5fd17-1cc4ba4d-c0b4-44f3-a6a7-978fb67eef05. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1cc4ba4d-c0b4-44f3-a6a7-978fb67eef05.json.