---
title: "Corporate Banking and Merchant Services"
ocid: "ocds-b5fd17-c3284472-c893-4712-9944-4583eca4cf80"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c3284472-c893-4712-9944-4583eca4cf80"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c3284472-c893-4712-9944-4583eca4cf80.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-c3284472-c893-4712-9944-4583eca4cf80.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "TUNBRIDGE WELLS BOROUGH COUNCIL"
published: "2021-11-24"
---

# Corporate Banking and Merchant Services

Buyer: TUNBRIDGE WELLS BOROUGH COUNCIL  
Current stage: Tender  
OCID: ocds-b5fd17-c3284472-c893-4712-9944-4583eca4cf80

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-c3284472-c893-4712-9944-4583eca4cf80)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-c3284472-c893-4712-9944-4583eca4cf80.json)

## Summary

Tunbridge Wells Borough Council is initiating a tender process for "Corporate Banking and Merchant Services," with a focus on the banking services industry. The contract will commence on 1st April 2022, lasting for an initial term of five years, with a possible extension of up to 60 months. The tender was released on 24th November 2021, with a deadline for expressions of interest set for 12:00pm on 22nd December 2021, followed by the final submission deadline for completed tenders on 12:00pm 7th January 2022. Evaluations are scheduled for the week commencing 10th January 2022, leading to the appointment of a contractor by the week commencing 17th January 2022.

This tender presents a significant opportunity for established banking service providers looking to expand their portfolio in a municipal contract. Companies specialising in corporate banking solutions and card merchant services, excluding investment services, would be well-suited to compete. With a minimum contract value of £600,000 and a total anticipated value of £700,000, businesses in this sector can strategically position themselves to enhance their growth by securing this contract.

## Notice

Tunbridge Wells Borough Council (TWBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services). This contract term will be an initial 5-year term. The Council would reserve the right to extend this contract for a period of up to 60 months at the end of the initial 5-year contract term. The anticipated service commencement date is 1st April 2022. Tender release: Wednesday 24th November 2021 Expression of Interest Deadline: 12:00pm Wednesday 22nd December 2021 Deadline for submission of completed tenders: 12:00pm Friday 7th January 2022 Evaluation: w/c Monday 10th January 2022 Appointment of contractor: w/c Monday 17th January 2022 Mandatory 10 day standstill period: 17th - 27th January 2022 All expressions of interest, and subsequent communications or proposal submissions, must be made via the Kent Business Portal: www.kentbusinessportal.org.uk

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/9f62a7cb-ed3e-4bb6-b303-0e31b24104ec |
| 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 | 24 Nov 2021 |
| Submission deadline | 22 Dec 2021 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 31 Mar 2022 - 31 Mar 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £700,000 |
| 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 | TUNBRIDGE WELLS BOROUGH COUNCIL |
| Locality | TUNBRIDGE WELLS |
| Post town | Tonbridge |
| Postcode | TN1 1RS |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ4 Kent |
| ITL 3 | TLJ46 West Kent |
| Local authority | Tunbridge Wells |
| Electoral ward | Park |
| Westminster constituency | Tunbridge Wells |
| 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) |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66110000 - Banking services

## Release History

- 24 Nov 2021 at 17:37 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/9f62a7cb-ed3e-4bb6-b303-0e31b24104ec

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/9f62a7cb-ed3e-4bb6-b303-0e31b24104ec
  24th November 2021 - Opportunity notice on Contracts Finder

## Notice URLs

- http://www.tunbridgewells.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-c3284472-c893-4712-9944-4583eca4cf80. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c3284472-c893-4712-9944-4583eca4cf80.json.