---
title: "Banking Contract"
ocid: "ocds-b5fd17-9d1ad724-71a4-4252-a81a-b9043d186365"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-9d1ad724-71a4-4252-a81a-b9043d186365"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-9d1ad724-71a4-4252-a81a-b9043d186365.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-9d1ad724-71a4-4252-a81a-b9043d186365.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NORTH HERTFORDSHIRE DISTRICT COUNCIL"
published: "2023-03-23"
---

# Banking Contract

Buyer: NORTH HERTFORDSHIRE DISTRICT COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-9d1ad724-71a4-4252-a81a-b9043d186365

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-9d1ad724-71a4-4252-a81a-b9043d186365)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-9d1ad724-71a4-4252-a81a-b9043d186365.json)

## Summary

The North Hertfordshire District Council has awarded a contract for Banking services through a selective procurement method. The contract's total value is £175,000 in GBP. The contract period is from April 1, 2023, to March 31, 2033. The procurement stage has been completed, and the tender period ended on March 1, 2023. The award was made to Lloyds Bank Commercial Finance Limited. The contract was published on March 23, 2023, and the buying organisation's details can be found on their website. The contract is classified under banking and investment services in the services industry category.

This contract award by the North Hertfordshire District Council presents a lucrative opportunity for businesses in the banking and financial services sector. Companies capable of providing banking services, especially those experienced in call-off from a framework agreement, are well-suited to compete for this contract. The contract spans a significant period, offering a stable revenue source for the winning supplier. Businesses interested in expanding their client portfolio within the East of England region should consider participating in similar future tender processes led by the council to enhance their growth prospects.

## Notice

This contract has been awarded - Supply of Banking services.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/92e10113-63ff-412f-9fc8-50488b549dcf |
| 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 | 23 Mar 2023 |
| Submission deadline | 1 Mar 2023 |
| Future notice date | Not specified |
| Award date | 10 Mar 2023 |
| Contract period | 31 Mar 2023 - 31 Mar 2033 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £175,000 |
| Lots value | Not specified |
| Awards value | £175,000 |
| 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 | NORTH HERTFORDSHIRE DISTRICT COUNCIL |
| Locality | LETCHWORTH |
| Post town | Stevenage |
| Postcode | SG6 3JF |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH2 Bedfordshire and Hertfordshire |
| ITL 3 | TLH26 North and East Hertfordshire |
| Local authority | North Hertfordshire |
| Electoral ward | Letchworth South West |
| Westminster constituency | North East Hertfordshire |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services

## Release History

- 23 Mar 2023 at 08:28 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/92e10113-63ff-412f-9fc8-50488b549dcf

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/92e10113-63ff-412f-9fc8-50488b549dcf
  23rd March 2023 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.north-herts.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-b5fd17-9d1ad724-71a4-4252-a81a-b9043d186365. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-9d1ad724-71a4-4252-a81a-b9043d186365.json.