---
title: "Banking"
ocid: "ocds-b5fd17-3fe0f49e-ae6f-421b-a3c7-c70564a403bd"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-3fe0f49e-ae6f-421b-a3c7-c70564a403bd"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-3fe0f49e-ae6f-421b-a3c7-c70564a403bd.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-3fe0f49e-ae6f-421b-a3c7-c70564a403bd.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "BUCKINGHAMSHIRE COUNCIL"
published: "2020-09-15"
---

# Banking

Buyer: BUCKINGHAMSHIRE COUNCIL  
Current stage: Tender  
OCID: ocds-b5fd17-3fe0f49e-ae6f-421b-a3c7-c70564a403bd

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## Summary

Buckinghamshire Council is currently undertaking a tender process for the provision of money transmission banking services, following a reorganisation of local government in the region. The contract, valued at £630,000, is classified under financial and insurance services and is expected to commence on 1st April 2021, with a term of five years and an option to extend for a further two years. Tenders must be submitted via the Buckinghamshire Business Portal by noon on 16th October 2020, to participate in this open procurement procedure in the South East of the United Kingdom.

This tender presents an excellent opportunity for small and medium enterprises (SMEs) in the financial services sector seeking to expand their business. Companies with experience in banking services, particularly those that can provide comprehensive solutions encompassing payment and receipt management, payroll, pensions, and other municipal financial requirements, will find this tender particularly relevant. Interested businesses must ensure they are registered on the Buckinghamshire Business Portal to submit their proposals effectively.

## Notice

Buckinghamshire Council is seeking tenders for the provision of money transmission banking services. Local Government Re-organisation has taken place in the County of Buckinghamshire, which resulted in the new Buckinghamshire Council on 1 April 2020 replacing the former district councils (Aylesbury Vale, Chiltern, South Bucks, Wycombe) and the former Buckinghamshire County Council. The banking arrangements maintained by the former councils are currently provided by a range of different banks and these arrangements will continue until the new banking contract for Buckinghamshire Council is implemented. The new banking contract will include all the following aspects of Buckinghamshire Council: Main Payment and Receipts, Payroll, Pensions, Schools, Revenue and Benefits. The contract start date is 1st April 2021. The contract term is 5 years with the option to extend for 2 years. If your organisation wishes to participate in this process, you need to register with the Buckinghamshire Business Portal. You will be unable to take part if you do not register. Please use the link below and follow the instructions on the website. www.supplybucksbusiness.org.uk Tenders must be returned via the Buckinghamshire Business Portal. The tender return date is noon Friday 16th October. Tenders received after this time and date will not be accepted

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/992b8c1a-c3ff-4431-850d-c21457bdec51 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Sep 2020 |
| Submission deadline | 16 Oct 2020 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 31 Mar 2021 - 31 Mar 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £630,000 |
| 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 | BUCKINGHAMSHIRE COUNCIL |
| Locality | AYLESBURY |
| Post town | Hemel Hempstead |
| Postcode | HP20 1UA |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ1 Berkshire, Buckinghamshire and Oxfordshire |
| ITL 3 | TLJ13 Buckinghamshire |
| Local authority | Buckinghamshire |
| Electoral ward | Aylesbury North |
| Westminster constituency | Aylesbury |
| Delivery location | TLJ South East (England) |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 15 Sep 2020 at 07:48 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/992b8c1a-c3ff-4431-850d-c21457bdec51

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/992b8c1a-c3ff-4431-850d-c21457bdec51
  15th September 2020 - Opportunity notice on Contracts Finder
- https://procontract.due-north.com/Advert?advertId=91976e0f-a6f6-ea11-8105-005056b64545
  Advert

## Notice URLs

- https://shadow.buckinghamshire.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-b5fd17-3fe0f49e-ae6f-421b-a3c7-c70564a403bd. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-3fe0f49e-ae6f-421b-a3c7-c70564a403bd.json.