---
title: "Procurement of Banking Services - AWARD"
ocid: "ocds-b5fd17-1e91aa7f-6f64-493b-9260-9262b36da8a6"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1e91aa7f-6f64-493b-9260-9262b36da8a6"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1e91aa7f-6f64-493b-9260-9262b36da8a6.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-1e91aa7f-6f64-493b-9260-9262b36da8a6.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "MILTON KEYNES COUNCIL"
published: "2023-04-12"
---

# Procurement of Banking Services - AWARD

Buyer: MILTON KEYNES COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-1e91aa7f-6f64-493b-9260-9262b36da8a6

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## Summary

The Milton Keynes City Council has awarded a contract for Banking Services to National Westminster Bank. The procurement process was initiated as a tender for the delivery of day-to-day banking services and transactional facilities to various entities within Milton Keynes. The deadline for tender submissions was 6th February 2023, and the contract period is set to run from 1st April 2023 to 31st March 2028. The procurement method used was an open procedure under the services category.

This contract offers opportunities for banking service providers to engage with the local government and educational institutions in Milton Keynes. Businesses in the banking and investment services sector would be well-suited to compete for this tender. The procurement process was conducted by the Milton Keynes Council, and the award signifies a valuable partnership for the selected supplier, enhancing their business growth prospects within the region.

## Notice

Milton Keynes City Council (The Council) is seeking to appoint a banking service provider to deliver day-to-day banking services and transactional facilities. This contract will also extend to Local Education Authority (LEA) maintained schools within Milton Keynes, the Council's subsidiary organisation Milton Keynes Development Partnership LLP, and any other subsidiaries that may be later established. Suppliers that would like to take part in this tender process are invited to 'Express Interest' upon which the will be given access to the full tender documentation delivery through this e-tendering system. When the tender documents have been made available involved suppliers will receive notification via email and the tender documents can be accessed from the 'My Tenders' area of this website and selecting the 'View Details' button of this project. Expressions of interest will only be accepted until 05 February 2023 and the deadline for submissions of the tender will be 12 noon; 06 February 2023. Please allow sufficient time to make your return as late returns will not be permitted. Any questions relating to this tender should be made via correspondence on the website.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/79e866d3-7732-4e04-8475-bb9dda9d9d50 |
| 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 | 12 Apr 2023 |
| Submission deadline | 6 Feb 2023 |
| Future notice date | Not specified |
| Award date | 6 Feb 2023 |
| Contract period | 31 Mar 2023 - 31 Mar 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £252,641 |
| 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 | MILTON KEYNES COUNCIL |
| Locality | MILTON KEYNES |
| Post town | Milton Keynes |
| Postcode | MK9 3EJ |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ1 Berkshire, Buckinghamshire and Oxfordshire |
| ITL 3 | TLJ12 Milton Keynes |
| Local authority | Milton Keynes |
| Electoral ward | Central Milton Keynes |
| Westminster constituency | Milton Keynes Central |
| Delivery location | TLJ South East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | NATIONAL WESTMINSTER BANK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

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

## Release History

- 12 Apr 2023 at 10:51 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/79e866d3-7732-4e04-8475-bb9dda9d9d50

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/79e866d3-7732-4e04-8475-bb9dda9d9d50
  12th April 2023 - 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-b5fd17-1e91aa7f-6f64-493b-9260-9262b36da8a6. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1e91aa7f-6f64-493b-9260-9262b36da8a6.json.