---
title: "The provision of a Commercial Banking Service"
ocid: "ocds-b5fd17-931b93ed-f85e-450a-b987-74a2a200d563"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-931b93ed-f85e-450a-b987-74a2a200d563"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-931b93ed-f85e-450a-b987-74a2a200d563.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-931b93ed-f85e-450a-b987-74a2a200d563.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "CHESTERFIELD BOROUGH COUNCIL"
published: "2024-10-16"
---

# The provision of a Commercial Banking Service

Buyer: CHESTERFIELD BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-931b93ed-f85e-450a-b987-74a2a200d563

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## Summary

Chesterfield Borough Council has concluded the procurement process for the provision of commercial banking services, entailing cash management and payment services. This contract was awarded to Lloyds Bank Plc, and the official award was published on 16 October 2024. The contract spans from 1 October 2024 to 30 September 2031, with a value of £194,337.25. This procurement process used a selective method, specifically a call-off from a framework agreement. The relevant industry category is banking services (CPV: 66110000), and the main location for service delivery is Chesterfield, postal code S40 1LP. The tender period ended on 1 September 2024.

This tender presents substantial growth opportunities for businesses specialising in financial services, particularly those proficient in commercial banking, cash management, and payment solutions. Large-scale banking institutions would be well-suited to compete in this category, given the contract's extensive seven-year duration and significant value. The procurement method indicates a preference for established frameworks, suggesting potential for those already within similar frameworks or possessing the capability to fulfil high-value, long-term contracts for public sector clients.

## Notice

Provision of commercial banking to include cash management and payments services

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/c19745ef-2f48-44f7-a7b3-87b00c3999db |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Oct 2024 |
| Submission deadline | 1 Sep 2024 |
| Future notice date | Not specified |
| Award date | 6 Sep 2024 |
| Contract period | 30 Sep 2024 - 30 Sep 2031 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £194,337 |
| Lots value | Not specified |
| Awards value | £194,337 |
| 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 | CHESTERFIELD BOROUGH COUNCIL |
| Locality | CHESTERFIELD |
| Post town | Sheffield |
| Postcode | S40 1LP |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF1 Derbyshire and Nottinghamshire |
| ITL 3 | TLF12 East Derbyshire |
| Local authority | Chesterfield |
| Electoral ward | Spire |
| Westminster constituency | Chesterfield |
| 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

- 16 Oct 2024 at 13:51 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/c19745ef-2f48-44f7-a7b3-87b00c3999db

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/c19745ef-2f48-44f7-a7b3-87b00c3999db
  16th October 2024 - 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-b5fd17-931b93ed-f85e-450a-b987-74a2a200d563. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-931b93ed-f85e-450a-b987-74a2a200d563.json.