--- title: "Banking Services" ocid: "ocds-b5fd17-bfc71b8f-71bd-4402-88b5-794e38a7a7e8" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-bfc71b8f-71bd-4402-88b5-794e38a7a7e8" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-bfc71b8f-71bd-4402-88b5-794e38a7a7e8.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-bfc71b8f-71bd-4402-88b5-794e38a7a7e8.json" source: "Contracts Finder" current_stage: "Tender" buyer: "WINCHESTER CITY COUNCIL" published: "2020-07-22" --- # Banking Services Buyer: WINCHESTER CITY COUNCIL Current stage: Tender OCID: ocds-b5fd17-bfc71b8f-71bd-4402-88b5-794e38a7a7e8 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-bfc71b8f-71bd-4402-88b5-794e38a7a7e8) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-bfc71b8f-71bd-4402-88b5-794e38a7a7e8.json) ## Summary Winchester City Council is currently inviting tenders for the provision of banking services in the United Kingdom, specifically under the category of financial services. The procurement process is in the tender stage, with a deadline for submissions set for 24th August 2020. The contract is expected to commence on 1st April 2021 and run until 31st March 2026, with an option for a three-year extension. The total contract value is £246,400 with a minimum threshold of £140,000. The procurement method utilised is the open procedure. This tender presents a significant opportunity for financial institutions and banking service providers looking to expand their services in the public sector. Companies that can offer comprehensive banking solutions, including general money transmission services, access to UK clearing systems, and internet banking capabilities, would be particularly well-suited to compete. This contract not only allows for long-term engagement with a local authority but also offers potential for future growth through service extensions. ## Notice Winchester City Council ("The Council") is inviting tenders for the provision of banking services. The contract required is for general money transmission banking services and includes maintenance of Council bank accounts, access to Faster Payments, BACS, and CHAPS payments. Paper clearing as well as cash handling. Internet banking service will be required for balance/transaction review and reporting and for payment initiation. The Commencement Date for the Contract is 1 April 2021, and the Contract shall terminate on 31 March 2026. The Council will require the option to extend the contract for another three years (i.e. up until 31 March 2029). Prospective Tenderers must be authorised to act as a bank in the UK and provide access to UK clearing systems. The Council may seek documentary evidence appropriate to Financial Conduct Authority (or equivalent) registration during the selection / evaluation process. Please see the tender documents for full details on selection and evaluation procedures. The Council is utilising an electronic tendering tool to manage this procurement and communicate with Tenderers. Accordingly, there will be no hard copy documents issued to Tenderers and all communications with the Council, including the submission of Tenderers' Responses, will be conducted via the Complete Tender Management system (CTM), which can be accessed using the following link: https://uk.eu-supply.com/login.asp?B=WCC To register on CTM, please see Additional Details below. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/791dad4b-6b12-420e-bb5c-57b3c94e97ca | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 22 Jul 2020 | | Submission deadline | 24 Aug 2020 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Mar 2021 - 31 Mar 2029 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £246,400 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | WINCHESTER CITY COUNCIL | | Locality | COLBROOK STREET, WINCHESTER | | Post town | Southampton | | Postcode | SO23 9LJ | | Country | England | | ITL 1 | TLJ South East (England) | | ITL 2 | TLJ3 Hampshire and Isle of Wight | | ITL 3 | TLJ36 Central Hampshire | | Local authority | Winchester | | Electoral ward | St Michael | | Westminster constituency | Winchester | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66110000 - Banking services - 66172000 - Financial transaction processing and clearing-house services ## Release History - 22 Jul 2020 at 16:02 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/791dad4b-6b12-420e-bb5c-57b3c94e97ca ## Documents - https://www.contractsfinder.service.gov.uk/Notice/791dad4b-6b12-420e-bb5c-57b3c94e97ca 22nd July 2020 - Opportunity notice on Contracts Finder - https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=32744&B=WCC To register for the tender and obtain documents, click on the above URL below and follow the instructions 1 and 2: 1) Click on "New supplier registration" 2) Complete the Supplier Registration form. - https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/86482 IMPORTANT NOTE:please check if your company is already registered by simply e-mailingyour company name to uksupport@eu-supply.com. ## Notice URLs - https://uk.eu-supply.com/login.asp?B=WCC - https://www.winchester.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-bfc71b8f-71bd-4402-88b5-794e38a7a7e8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-bfc71b8f-71bd-4402-88b5-794e38a7a7e8.json.