--- title: "Framework Contract for Banking Services" ocid: "ocds-r6ebe6-0000491287" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000491287" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000491287.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000491287.json" source: "Public Contracts Scotland" current_stage: "Award" buyer: "RENFREWSHIRE COUNCIL" published: "2018-03-23" --- # Framework Contract for Banking Services Buyer: RENFREWSHIRE COUNCIL Current stage: Award OCID: ocds-r6ebe6-0000491287 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000491287) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000491287.json) ## Summary Renfrewshire Council is conducting a public procurement process for a "Framework Contract for Banking Services" targeting services within the financial services industry. This procurement is currently active and was initiated on 19 April 2017. The tender will close on 22 May 2017, and it covers services aimed at the Renfrewshire Council Area, Scotland. The contract encompasses two lots, focusing on general banking services for both Renfrewshire Council and Renfrewshire Leisure Limited, and is managed using an open procedure. This tender offers significant opportunities for growth for businesses specialising in banking and financial services, particularly those equipped to handle municipal banking needs. Companies that can provide a comprehensive suite of banking services, including account management, internet banking solutions, and customer service support, would be well-positioned to compete. The long-term nature of the contract, which may be extended up to seven years, provides a stable revenue opportunity for successful bidders. ## Notice Framework Contract for Banking Services ### Lot Information Renfrewshire Leisure Limited General Banking Services RLL currently maintains the following bank accounts: 1 Culture Account 2 RL Sport Account 3 Leisure Trading Account It is likely that similar bank accounts will be required for the new contract although precise requirements will be agreed during implementation. RLL may require instant access deposit accounts depending on credit interest rates proposed for current account balances. Processing Centre Deposits, Bulk Cash Withdrawals Branch Deposits & Withdrawals Credit Facilities BACS Settlement/Clearance Statements/ Return of Vouchers Cheque and Credit Books Internet Banking Service Reconciliation Data Relationship Management & Query Handling Implementation Planning Please note that the associated weightings listed below will be applied to both lots.. Economic Operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015. Please see the ITT in PCS-Tender project relevant to this procurement and the other Procurement Documents for further information. Renewal: The Framework agreement is for 4 years. Any Call off contract period will be up to an initial 5 years with the option to extend for up to a further 2 years. Renfrewshire Council General Banking Services The Council requires the provision of bank accounts and currently maintains 13 accounts. This number may vary over the term of the contract. This includes for example, the following main bank accounts. General Account, Payroll Account, Debtors Account etc. The Council also maintains approximately 10 imprest accounts used by various departments/locations for petty cash. The bank accounts are maintained by associated bodies i.e. they hold non Council funds. It is likely that a similar suite of bank accounts will be required for the new contract although precise requirements will be agreed during implementation. The Council may require instant access deposit accounts depending on credit interest rates proposed for current account balances. Processing Centre Deposits Bulk Cash Withdrawals Branch Deposits & Withdrawals Credit Facilities BACS The Council and Associated Bodies also require. Settlement/Clearance Statements/ Return of Vouchers Cheque and Credit Books Internet Banking Service Reconciliation Data Relationship Management & Query Handling Implementation Planning Please note that the associated weightings listed below will be applied to both lots.. Economic Operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015. Please see the ITT in PCS-Tender project relevant to this procurement and the other Procurement Documents for further information. Renewal: This framework agreement will be for 4 years. Any call off contract will be up to an initial for 5 years with the option to extend for up to a further 2 years. ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR314596 | | Notice type | OJEU - F3 - Contract Award Notice | | Procurement type | Framework | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 23 Mar 2018 | | Submission deadline | 22 May 2017 | | Future notice date | Not specified | | Award date | 27 Sep 2017 | | Contract period | Not specified | | Recurrence | Notices will be published in line with the contract end/contract extension end dates. | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Not specified | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | RENFREWSHIRE COUNCIL | | Additional buyers | RENFREWSHIRE LEISURE LIMITED; THE RENFREWSHIRE COUNCIL | | Locality | PAISLEY | | Post town | Paisley | | Postcode | PA1 1JB | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM3 West Central Scotland | | ITL 3 | TLM33 Inverclyde, East Renfrewshire, and Renfrewshire | | Local authority | Renfrewshire | | Electoral ward | Paisley Northeast and Ralston | | Westminster constituency | Paisley and Renfrewshire North | | Delivery location | TLM83 Inverclyde, East Renfrewshire, and Renfrewshire | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66110000 - Banking services ## Release History - 23 Mar 2018 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR314596 - 19 Apr 2017 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR280616 ## Documents - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR280616 Framework Contract for Banking Services - Framework Contract for Banking Services - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR314596 Framework Contract for Banking Services - Framework Contract for Banking Services ## Notice URLs - http:// - http://www.renfrewshire.gov.uk - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000491287 - https://www.publictenderscotland.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-r6ebe6-0000491287. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000491287.json.