---
title: "Banking Contract"
ocid: "ocds-b5fd17-b477310b-4e1d-4dbc-a90a-a307f6c42a56"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b477310b-4e1d-4dbc-a90a-a307f6c42a56"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b477310b-4e1d-4dbc-a90a-a307f6c42a56.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b477310b-4e1d-4dbc-a90a-a307f6c42a56.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "REDCAR & CLEVELAND BOROUGH COUNCIL"
published: "2018-07-13"
---

# Banking Contract

Buyer: REDCAR & CLEVELAND BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-b477310b-4e1d-4dbc-a90a-a307f6c42a56

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-b477310b-4e1d-4dbc-a90a-a307f6c42a56)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-b477310b-4e1d-4dbc-a90a-a307f6c42a56.json)

## Summary

The procurement process for the "Banking Contract" has been completed by Redcar & Cleveland Borough Council, focusing on financial and insurance services within the United Kingdom, specifically in the North East region. The contract, valued at £150,962, was awarded on 8 July 2018 and spans from 9 July 2018 to 8 July 2023. The tender period concluded on 14 June 2018, under an exemption procurement method.

This contract presents significant opportunities for businesses specialising in banking and financial services, particularly those with the capability to deliver comprehensive banking solutions. Large organisations akin to The Royal Bank of Scotland, which was awarded this contract, would be ideally positioned to participate in similar future tenders. Such opportunities are essential for growth in the finance sector, fostering competition and innovation among service providers.

## Notice

Banking Services

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/d036745f-d425-4bf8-b0e8-84f2bd789f3c |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Exemption |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 Jul 2018 |
| Submission deadline | 14 Jun 2018 |
| Future notice date | Not specified |
| Award date | 7 Jul 2018 |
| Contract period | 8 Jul 2018 - 8 Jul 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £150,962 |
| Lots value | Not specified |
| Awards value | £150,962 |
| 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 | REDCAR & CLEVELAND BOROUGH COUNCIL |
| Locality | REDCAR |
| Post town | Cleveland |
| Postcode | TS10 1RT |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC3 Tees Valley |
| ITL 3 | TLC32 South Teesside |
| Local authority | Redcar and Cleveland |
| Electoral ward | Coatham |
| Westminster constituency | Redcar |
| Delivery location | TLC North East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | THE ROYAL BANK OF SCOTLAND |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 13 Jul 2018 at 17:50 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/d036745f-d425-4bf8-b0e8-84f2bd789f3c

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/d036745f-d425-4bf8-b0e8-84f2bd789f3c
  13th July 2018 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.redcar-cleveland.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-b477310b-4e1d-4dbc-a90a-a307f6c42a56. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b477310b-4e1d-4dbc-a90a-a307f6c42a56.json.