--- title: "General Banking Services" ocid: "ocds-b5fd17-df2f7d34-c001-4cb2-98ac-998a16e8e7a8" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-df2f7d34-c001-4cb2-98ac-998a16e8e7a8" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-df2f7d34-c001-4cb2-98ac-998a16e8e7a8.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-df2f7d34-c001-4cb2-98ac-998a16e8e7a8.json" source: "Contracts Finder" current_stage: "Award" buyer: "THE ASSOCIATION OF NORTH EAST COUNCILS LIMITED" published: "2024-03-05" --- # General Banking Services Buyer: THE ASSOCIATION OF NORTH EAST COUNCILS LIMITED Current stage: Award OCID: ocds-b5fd17-df2f7d34-c001-4cb2-98ac-998a16e8e7a8 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-df2f7d34-c001-4cb2-98ac-998a16e8e7a8) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-df2f7d34-c001-4cb2-98ac-998a16e8e7a8.json) ## Summary The buying organisation, THE ASSOCIATION OF NORTH EAST COUNCILS LIMITED, has awarded a contract for General Banking Services via a selective procurement method. The contract is valued at £288 million GBP and will be in effect from March 14th, 2024, to March 13th, 2032. The tender deadline was on July 21st, 2023, and the contract award date was March 5th, 2024. This opportunity for General Banking Services offers significant business growth potential for large-scale financial and insurance service providers. The procurement process, which has now reached the award stage, creates opportunities for established banking institutions to collaborate within a multi-supplier Framework Agreement for core transactional banking services and ancillary services. Interested businesses must align with the competitive procedure with negotiation above the threshold and adhere to the specified contract periods and deadlines. ## Notice NEPO, in collaboration with ESPO and YPO, have established a multi-supplier Framework Agreement for the prevision of General Banking Services. The service will be used to deliver core transactional banking arrangements, providing bank account structures to be used for outgoing payments such as creditor cheques, CHAPS, BACS, direct debits, standing order payments, balance requests, commission charges and associated interest payments. Alongside these core transactional services, the Framework Agreement includes ancillary services which sit outside the core elements of the agreement, such as receipt accounts to receive payments, rent allowance accounts for benefit payments, wage accounts for staff salary payments and petty cash accounts and treasury deposits. Additional information: NEPO is a Central Purchasing Body as defined in the Public Contract Regulations 2015 (PCR15). The agreement will be available for use by all NEPO Members. A list of member organisations is available in the About section of the NEPO website at: www.nepo.org This agreement will also be made available to all current and future NEPO Associate Members. Current Associate Members are listed in the Associate Member section of the NEPO website at: www.nepo.org/associate-membership/list NEPO intends to make the resulting agreement available for use by all Contracting Authorities throughout all administrative regions of the UK (as defined by the Public Contracts Regulations 2015) including but not limited to Government Departments and their Agencies, Non-Departmental Public Bodies, Central Government, NHS Bodies, Local Authorities, Emergency Services, Coastguard Emergency Services, Educational Establishments, Registered Social Landlords and Registered Charities who have a need to purchase the above services. A complete list of permissible users is shown on the NEPO website below: https://www.nepo.org/associate-membership/permissible-users Organisations wishing to access the NEPO agreement will be required to register as a NEPO Associate Member in the first instance. Further information can be found at: www.nepo.org ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/54d6547a-a989-43ec-87bc-7fe7b6062611 | | Notice type | Award Notice | | Procurement type | Framework | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Competitive procedure with negotiation (above threshold) | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 5 Mar 2024 | | Submission deadline | 21 Jul 2023 | | Future notice date | Not specified | | Award date | 5 Mar 2024 | | Contract period | 14 Mar 2024 - 13 Mar 2032 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £288,000,000 | | Lots value | Not specified | | Awards value | £288,000,000 | | 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 | THE ASSOCIATION OF NORTH EAST COUNCILS LIMITED | | Locality | GATESHEAD | | Post town | Newcastle upon Tyne | | Postcode | NE8 3DF | | Country | England | | ITL 1 | TLC North East (England) | | ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear | | ITL 3 | TLC43 Tyneside | | Local authority | Gateshead | | Electoral ward | Bridges | | Westminster constituency | Gateshead Central and Whickham | | Delivery location | Not specified | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 3 | | Supplier names | BARCLAYS BANK; LLOYDS BANK PL; NATIONAL WESTMINSTER BANK | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services ## Release History - 5 Mar 2024 at 12:30 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/54d6547a-a989-43ec-87bc-7fe7b6062611 - 5 Mar 2024 at 12:28 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/54d6547a-a989-43ec-87bc-7fe7b6062611 - 26 Jun 2023 at 10:44 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/98dcab6f-a2e3-434c-9cdc-ea674f9d4576 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/54d6547a-a989-43ec-87bc-7fe7b6062611 5th March 2024 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/98dcab6f-a2e3-434c-9cdc-ea674f9d4576 26th June 2023 - Opportunity notice on Contracts Finder ## Notice URLs - http://www.nepo.org - https://www.nepo.org/associate-membership/permissible-users ## 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-df2f7d34-c001-4cb2-98ac-998a16e8e7a8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-df2f7d34-c001-4cb2-98ac-998a16e8e7a8.json.