---
title: "Maidstone Borough Council - Corporate Banking and Merchant Services"
ocid: "ocds-b5fd17-a2a7bd07-3038-4f84-8e6b-bd9e0b9c4dbf"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-a2a7bd07-3038-4f84-8e6b-bd9e0b9c4dbf"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-a2a7bd07-3038-4f84-8e6b-bd9e0b9c4dbf.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-a2a7bd07-3038-4f84-8e6b-bd9e0b9c4dbf.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "MAIDSTONE BOROUGH COUNCIL"
published: "2024-10-25"
---

# Maidstone Borough Council - Corporate Banking and Merchant Services

Buyer: MAIDSTONE BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-a2a7bd07-3038-4f84-8e6b-bd9e0b9c4dbf

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-a2a7bd07-3038-4f84-8e6b-bd9e0b9c4dbf)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-a2a7bd07-3038-4f84-8e6b-bd9e0b9c4dbf.json)

## Summary

Maidstone Borough Council (MBC) has awarded a contract for corporate banking and merchant services to Lloyds Banking Group. This contract is classified under financial and insurance services and covers the United Kingdom, specifically in England. The procurement process followed an open procedure, with key dates including the release of the tender on 2nd August 2024, deadlines for expressions of interest and tender submissions on 30th August and 6th September 2024 respectively, and the appointment of the contractor in December 2024. The contract, valued at £388,600, is set to commence on 1st April 2025 and will run until 31st March 2030.

This tender presents significant opportunities for businesses specialising in financial and banking services to partner with a reputable public sector entity. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are particularly encouraged to compete, as the procurement process anticipated their participation. Companies that can offer competitive and efficient corporate banking and merchant solutions stand to benefit greatly from this long-term engagement with Maidstone Borough Council.

## Notice

Maidstone Borough Council (MBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services). Tenderers must register their interest through the Kent Business Portal in order to express their interest to view and respond to the documents (registration is free). Key Dates & Timeline for Procurement Tender release: Friday 2nd August 2024 Expression of Interest Deadline: 12:00pm Friday 30th August 2024 Deadline for submission of completed tenders: 12:00pm Friday 6th September 2024 Evaluation: w/c Monday 9th September 2024 Appointment of contractor: December 2024 Contract Start Date: 1st April 2025

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/acfadaef-7068-4126-8e25-1c2761e406ed |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Oct 2024 |
| Submission deadline | 30 Aug 2024 |
| Future notice date | Not specified |
| Award date | 24 Oct 2024 |
| Contract period | 31 Mar 2025 - 31 Mar 2030 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £388,600 |
| 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 | MAIDSTONE BOROUGH COUNCIL |
| Locality | MAIDSTONE |
| Post town | Rochester |
| Postcode | ME15 6JQ |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ4 Kent |
| ITL 3 | TLJ45 Mid Kent |
| Local authority | Maidstone |
| Electoral ward | High Street |
| Westminster constituency | Maidstone and Malling |
| 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

- 66000000 - Financial and insurance services

## Release History

- 25 Oct 2024 at 13:21 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/acfadaef-7068-4126-8e25-1c2761e406ed
- 2 Aug 2024 at 15:40 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/5fedc758-8e1f-46f7-83a1-b1f2686a53f7

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/acfadaef-7068-4126-8e25-1c2761e406ed
  25th October 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/5fedc758-8e1f-46f7-83a1-b1f2686a53f7
  2nd August 2024 - Opportunity notice on Contracts Finder

## Notice URLs

- http://www.maidstone.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-a2a7bd07-3038-4f84-8e6b-bd9e0b9c4dbf. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-a2a7bd07-3038-4f84-8e6b-bd9e0b9c4dbf.json.