---
title: "Agreement for Banking Services, Cash Management and Payments"
ocid: "ocds-b5fd17-7d2ac857-0563-4692-ba6e-bf7d66e5c0cd"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7d2ac857-0563-4692-ba6e-bf7d66e5c0cd"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7d2ac857-0563-4692-ba6e-bf7d66e5c0cd.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-7d2ac857-0563-4692-ba6e-bf7d66e5c0cd.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "REDDITCH BOROUGH COUNCIL"
published: "2025-06-02"
---

# Agreement for Banking Services, Cash Management and Payments

Buyer: REDDITCH BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-7d2ac857-0563-4692-ba6e-bf7d66e5c0cd

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## Summary

The public procurement process for the "Agreement for Banking Services, Cash Management and Payments" has been completed by Redditch Borough Council in England. This contract, classified under the CPV code 66110000 for banking services, was awarded to Lloyds Banking Group PLC on 30th May 2025. The procurement stage reached the award phase with the contract period set from 1st June 2025 to 1st June 2028. The tender was managed through a framework provision method and targeted the services category. It concluded on 29th May 2025, focusing on general banking services within the United Kingdom.

This awarded contract presents significant growth opportunities for businesses particularly in the financial services industry. Small and medium enterprises may find similar future tenders advantageous due to Redditch Borough Council’s consideration of SME suitability in its procurement decisions. Companies specializing in banking services and cash management would be well-suited to compete in such tenders, as the council seeks efficient financial solutions for cash management and payment processes. Engaging in these procurement opportunities can enhance business profiles and establish partnerships with significant public sector bodies like Redditch Borough Council.

## Notice

Agreement for Banking Services, Cash Management and Payments via Framework - Provision of General Banking Services NEPO531

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f1cd98d5-3c0a-46e3-869e-fc4ae5a05648 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Jun 2025 |
| Submission deadline | 29 May 2025 |
| Future notice date | Not specified |
| Award date | 29 May 2025 |
| Contract period | 31 May 2025 - 1 Jun 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £48,000 |
| 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 | REDDITCH BOROUGH COUNCIL |
| Locality | REDDITCH |
| Post town | Birmingham |
| Postcode | B98 8AH |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG1 Herefordshire, Worcestershire and Warwickshire |
| ITL 3 | TLG12 Worcestershire CC |
| Local authority | Redditch |
| Electoral ward | Central |
| Westminster constituency | Redditch |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | LLOYDS BANKING GROUP |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66110000 - Banking services

## Release History

- 2 Jun 2025 at 11:50 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/f1cd98d5-3c0a-46e3-869e-fc4ae5a05648

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/f1cd98d5-3c0a-46e3-869e-fc4ae5a05648
  2nd June 2025 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.redditchbc.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-b5fd17-7d2ac857-0563-4692-ba6e-bf7d66e5c0cd. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-7d2ac857-0563-4692-ba6e-bf7d66e5c0cd.json.
