--- title: "Provision of Banking Services" ocid: "ocds-h6vhtk-0356d7" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0356d7" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0356d7.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0356d7.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "EAST RENFREWSHIRE COUNCIL" published: "2022-07-28" --- # Provision of Banking Services Buyer: EAST RENFREWSHIRE COUNCIL Current stage: Tender OCID: ocds-h6vhtk-0356d7 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0356d7) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0356d7.json) ## Summary East Renfrewshire Council is currently conducting an active procurement process for the "Provision of Banking Services". This tender falls under the services category, specifically within the banking services industry. The contract, valued at £150,000, is being executed under the open procedure procurement method. The timeline includes a bid submission deadline of 29 August 2022, with the award period commencing on the same date. Bidders must ensure compliance with specific financial and suitability criteria, including a satisfactory credit score as assessed by Creditsafe. This tender presents an opportunity for financial institutions, particularly those with experience in public sector banking services, to expand their market reach and establish contracts with local authorities. Businesses with a strong background in delivering comprehensive banking solutions, including account management, transaction processing, and community benefits engagement, will be especially well-suited to compete. Successful bidders will not only gain a valuable contract with East Renfrewshire Council but will also contribute to community initiatives, enhancing their social responsibility profile in the region. ## Notice East Renfrewshire Council is currently inviting tenders, from suitably qualified companies for the supply of the following requirements. Provision of Banking Services for both the council and East Renfrewshire Cultural & Leisure Trust (ERCL) . The Council is aware that the banking sector is consistently developing its services. The flexibility to enjoy the benefits of any developments would be expected from the successful tender The Council utilises a range of transactions, the main types are as follows; Auto Credits to Accounts Auto Debits to Accounts Manual Credits Manual Debits Cheques Remitted Cash Handled CHAPS Payments Out Stopped Cheques Salary Recalls Unpaid Cheques Received BACSTEL-IP Transactions International Currency Payments ### Lot Information Lot 1 East Renfrewshire Council is currently inviting tenders, from suitably qualified companies for the supply of the following requirements. Provision of Banking Services for both the council and East Renfrewshire Cultural & Leisure Trust (ERCL) . The Council is aware that the banking sector is consistently developing its services. The flexibility to enjoy the benefits of any developments would be expected from the successful tender The Council utilises a range of transactions, the main types are as follows Auto Credits to Accounts Auto Debits to Accounts Manual Credits Manual Debits Cheques Remitted Cash Handled CHAPS Payments Out Stopped Cheques Salary Recalls Unpaid Cheques Received BACSTEL-IP Transactions International Currency Payments Additional information: Quality weighting above are sub weighting and the overall weighting for quality is 40. As per the procurement regulations from 1 January 2022 there is a need to include VAT where applicable when calculating the estimated value of contracts please refer to tender information pack on PCSt for all values including and excluding VAT Renewal: Provision for 3 x 12 month extension periods ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/020594-2022 | | 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 | 28 Jul 2022 | | Submission deadline | 29 Aug 2022 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Sept 2030 once the 60 months + 3 x 12 extension periods | ## Values | Field | Value | | --- | --- | | Tender value | £150,000 | | Lots value | £150,000 | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Active | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | EAST RENFREWSHIRE COUNCIL | | Locality | GIFFNOCK | | Post town | Glasgow | | Postcode | G46 6UG | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM3 West Central Scotland | | ITL 3 | TLM33 Inverclyde, East Renfrewshire, and Renfrewshire | | Local authority | East Renfrewshire | | Electoral ward | Giffnock and Thornliebank | | Westminster constituency | East Renfrewshire | | Delivery location | TLM83 Inverclyde, East Renfrewshire, and Renfrewshire | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66110000 - Banking services ## Release History - 28 Jul 2022 at 10:38 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/020594-2022 ## Notice URLs - http://www.eastrenfrewshire.gov.uk - http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 - http://www.scotcourts.gov.uk/the-courts/court-locations/paisley-sheriff-court-and-justice-of-the-peace-court - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000701059 - https://www.gov.scot/policies/public-sector-procurement/community-benefits-in-procurement/ - https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00183 - https://www.publictendersscotland.publiccontractsscotland.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-h6vhtk-0356d7. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0356d7.json.