---
title: "Banking Services"
ocid: "ocds-b5fd17-77ed6005-4dc6-4692-ad63-6b60e5d24fb6"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-77ed6005-4dc6-4692-ad63-6b60e5d24fb6"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-77ed6005-4dc6-4692-ad63-6b60e5d24fb6.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-77ed6005-4dc6-4692-ad63-6b60e5d24fb6.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LONDON BOROUGH OF NEWHAM"
published: "2022-03-07"
---

# Banking Services

Buyer: LONDON BOROUGH OF NEWHAM  
Current stage: Award  
OCID: ocds-b5fd17-77ed6005-4dc6-4692-ad63-6b60e5d24fb6

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-77ed6005-4dc6-4692-ad63-6b60e5d24fb6)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-77ed6005-4dc6-4692-ad63-6b60e5d24fb6.json)

## Summary

The London Borough of Newham has awarded a contract titled "Banking Services" for core banking solutions, including current accounts, payments processing, and online banking. With a contract value of £404,000, this procurement falls under the banking services category (CPV Code: 66110000). The contract period spans from 5 January 2022 to 4 January 2027, following a selective procurement method via a call-off from a framework agreement. The procurement process reached completion on 10 February 2022, with the award notice published on 7 March 2022. The delivery address for the services is in London, specifically the postcode E16 2QU.

This awarded tender presents a valuable opportunity for businesses specialising in banking and financial services, particularly small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) that may provide innovative banking solutions. Companies that offer a range of services such as payment processing, direct debit management, and customised banking solutions would be well-suited to engage with future tenders related to banking services within the public sector.

## Notice

Core Banking Services, Current accounts, BACs Payments, Direct Debit Processing, Online Banking, Chaps Payments, Bulk Withdrawals and other Banking Services. Contract Awarded.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1f81cab3-c417-4aee-9786-32b6b33c394d |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Mar 2022 |
| Submission deadline | 9 Dec 2021 |
| Future notice date | Not specified |
| Award date | 10 Feb 2022 |
| Contract period | 5 Jan 2022 - 4 Jan 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £404,000 |
| Lots value | Not specified |
| Awards value | £404,000 |
| 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 | LONDON BOROUGH OF NEWHAM |
| Locality | LONDON |
| Post town | East London |
| Postcode | E16 2QU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI41 Hackney and Newham |
| Local authority | Newham |
| Electoral ward | Royal Albert |
| Westminster constituency | West Ham and Beckton |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66110000 - Banking services

## Release History

- 7 Mar 2022 at 15:03 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1f81cab3-c417-4aee-9786-32b6b33c394d

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1f81cab3-c417-4aee-9786-32b6b33c394d
  7th March 2022 - 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-b5fd17-77ed6005-4dc6-4692-ad63-6b60e5d24fb6. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-77ed6005-4dc6-4692-ad63-6b60e5d24fb6.json.