---
title: "Homes England Charged Bank Account"
ocid: "ocds-h6vhtk-035b6c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-035b6c"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-035b6c.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-035b6c.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "HOMES ENGLAND (THE NAME ADOPTED BY THE HOMES AND COMMUNITIES AGENCY)"
published: "2023-05-30"
---

# Homes England Charged Bank Account

Buyer: HOMES ENGLAND (THE NAME ADOPTED BY THE HOMES AND COMMUNITIES AGENCY)  
Current stage: Award  
OCID: ocds-h6vhtk-035b6c

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-035b6c)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-035b6c.json)

## Summary

Homes England is looking to procure a charged bank account service for financial and insurance services through an open procedure. The procurement stage is active, with a contract value of £200,000 signed on 16th November 2022. The buying organisation, Homes England, located in Newcastle upon Tyne, UK, aims to be co-signatory alongside customers for the joint operation of the bank accounts. The industry category is financial and insurance services.

This tender offers an opportunity for financial and insurance service providers to compete for the contract with Homes England. Businesses well-suited to compete are those with expertise in financial services and experience in joint signatory arrangements. The contract presents a chance for growth and collaboration with Homes England, the central purchasing body, for interested suppliers like National Westminster, the current active supplier for this contract.

## Notice

Homes England are looking to procure a charged bank account service using defined minimum criteria which enables Homes England to be co-signatory alongside customers using an online platform.

### Lot Information

Lot 1

As security for our investments placed with borrowing entities, our borrowers are required to secure to us the bank account through which they receive and recycle sales proceeds on their development. The accounts are secured to us through a fixed charge and assignment, most often through a debenture over all company books and assets. The accounts are opened by our borrowers (in their own name) but are to be operated on a joint signatory basis between Homes England and the borrower, in the absence of any enforcement action. A notice of charge and assignment is served by the borrower upon the bank and requires acknowledgement to Homes England and the borrower of the content within - notably signatory requirements and waiver of any right of set-off over the account.

Options: Price is not the only award criterion and all criteria are stated only in the procurement documents

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/015257-2023 |
| Notice type | Tender Notice |
| Procurement type | Framework |
| 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 | 30 May 2023 |
| Submission deadline | 16 Sep 2022 |
| Future notice date | Not specified |
| Award date | 16 Nov 2022 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £200,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | HOMES ENGLAND (THE NAME ADOPTED BY THE HOMES AND COMMUNITIES AGENCY) |
| Locality | NEWCASTLE UPON TYNE |
| Post town | Newcastle upon Tyne |
| Postcode | NE4 5BZ |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | Newcastle upon Tyne |
| Electoral ward | Arthur's Hill |
| Westminster constituency | Newcastle upon Tyne Central and West |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | NATIONAL WESTMINSTER |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 30 May 2023 at 12:23 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/015257-2023
- 12 Aug 2022 at 13:43 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/022308-2022

## Notice URLs

- https://procontract.due-north.com/Opportunities/Index?tabName=opportunities&resetFilter=True
- https://www.gov.uk/government/organisations/homes-england

## 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-035b6c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-035b6c.json.