---
title: "Wakefield Council Banking Services"
ocid: "ocds-h6vhtk-02b8fa"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02b8fa"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02b8fa.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02b8fa.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "WAKEFIELD COUNCIL"
published: "2021-09-28"
---

# Wakefield Council Banking Services

Buyer: WAKEFIELD COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-02b8fa

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-02b8fa.json)

## Summary

The Wakefield Council is currently procuring Banking Services, with a contract value estimated at £325,500 over a planned duration of 7 years. This tender is classified under the Financial and Insurance Services category and is located in Wakefield, United Kingdom. The procurement method is open, and the tender process is at the active stage, following an initial tender period that concluded on 9th July 2021. The initial contract will last for 5 years, with the option of a 2-year extension.

This procurement presents significant opportunities for businesses in the financial services sector, particularly those capable of providing comprehensive banking solutions. Companies that excel in competitive pricing, quality of service, and have experience in local government contracts would be particularly well-suited to compete. Participation in this tender could facilitate business growth not only through direct contract awards but also by fostering relationships with regional authorities like the Wakefield Council, which may lead to additional future contracts.

## Notice

The contract for Banking Services is due to expire at the end of September 2021. Therefore, The Council is seeking to re-procuring this contract to provide a cost effective solution to meet the Council's on-going requirements for the provision of Banking Services. The initial contract will be for 5 years with the option to extend for a further 2 years Estimated value for the contract for the 7 years based on current activity is PS325,000

### Lot Information

Lot 1

The contract for Banking Services is due to expire at the end of September 2021. Therefore, The Council is seeking to re-procuring this contract to provide a cost effective solution to meet the Council's on-going requirements for the provision of Banking Services. The initial contract will be for 5 years with the option to extend for a further 2 years Estimated value for the contract for the 7 years based on current activity is PS325,500

Renewal: The initial contract will be for 5 years with the option to extend for a further 2 years (1+1)

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/024139-2021 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 28 Sep 2021 |
| Submission deadline | 9 Jul 2021 |
| Future notice date | Not specified |
| Award date | 27 Sep 2021 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £325,000 |
| Lots value | £325,000 |
| Awards value | Not specified |
| Contracts value | £325,500 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WAKEFIELD COUNCIL |
| Additional buyers | THE COUNCIL OF THE CITY OF WAKEFIELD |
| Locality | WAKEFIELD |
| Post town | Wakefield |
| Postcode | WF1 2HQ |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE4 West Yorkshire |
| ITL 3 | TLE45 Wakefield |
| Local authority | Wakefield |
| Electoral ward | Wakefield North |
| Westminster constituency | Wakefield and Rothwell |
| Delivery location | TLE45 Wakefield |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BARCLAYS BANK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 28 Sep 2021 at 17:10 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/024139-2021
- 7 Jun 2021 at 13:54 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/012681-2021

## Notice URLs

- http://www.wakefield.gov.uk/default.htm
- http://www.yortender.co.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-h6vhtk-02b8fa. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02b8fa.json.