---
title: "Cashfac"
ocid: "ocds-b5fd17-82f5ff55-282b-4dac-9934-70962f3033b7"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-82f5ff55-282b-4dac-9934-70962f3033b7"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-82f5ff55-282b-4dac-9934-70962f3033b7.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-82f5ff55-282b-4dac-9934-70962f3033b7.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DURHAM COUNTY COUNCIL"
published: "2024-09-11"
---

# Cashfac

Buyer: DURHAM COUNTY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-82f5ff55-282b-4dac-9934-70962f3033b7

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-82f5ff55-282b-4dac-9934-70962f3033b7)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-82f5ff55-282b-4dac-9934-70962f3033b7.json)

## Summary

Durham County Council has recently completed a public procurement process titled "Cashfac" within the Financial and Insurance Services industry. This project involves Cashfac PLC administering virtual accounts on behalf of Lloyds Bank, serving the Deputy and Appointee Team. The procurement was conducted using an open procedure and has progressed to the award stage, with the contract starting on 26 May 2024 and ending on 25 May 2027. The awarded contract, valued at £80,000, will be implemented across England, United Kingdom. Key dates include the tender period end on 17 April 2024 and the award announcement on 11 September 2024.

This tender presents significant opportunities for businesses, especially small and medium-sized enterprises (SMEs) capable of delivering financial and banking services. Companies skilled in virtual account administration and familiar with financial services can find this contract to be a strategic entry point into long-term public sector partnerships. The open procurement method ensures a fair competition landscape, making it a viable growth opportunity for businesses looking to expand their footprint in public procurement. Contact Ethan Bowman from Durham County Council for more details and potential engagement.

## Notice

Lloyds Bank are the Deputy and Appointee Team bank account provider. Cashfac administer virtual accounts on behalf of Lloyds.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/fc0b968f-fba3-496a-bd1a-449255551442 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Sep 2024 |
| Submission deadline | 17 Apr 2024 |
| Future notice date | Not specified |
| Award date | 16 Apr 2024 |
| Contract period | 25 May 2024 - 25 May 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £80,000 |
| Lots value | Not specified |
| Awards value | £80,000 |
| 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 | DURHAM COUNTY COUNCIL |
| Locality | DURHAM |
| Post town | Durham |
| Postcode | DH1 5UQ |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC41 Durham |
| Local authority | County Durham |
| Electoral ward | Neville's Cross |
| Westminster constituency | City of Durham |
| 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 | CASHFAC |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services
- 66100000 - Banking and investment services

## Release History

- 11 Sep 2024 at 11:57 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/fc0b968f-fba3-496a-bd1a-449255551442

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/fc0b968f-fba3-496a-bd1a-449255551442
  11th September 2024 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.durham.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-b5fd17-82f5ff55-282b-4dac-9934-70962f3033b7. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-82f5ff55-282b-4dac-9934-70962f3033b7.json.