---
title: "Banking Services Contract"
ocid: "ocds-r6ebe6-0000588853"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000588853"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000588853.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000588853.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "SHETLAND ISLANDS COUNCIL"
published: "2020-11-17"
---

# Banking Services Contract

Buyer: SHETLAND ISLANDS COUNCIL  
Current stage: Award  
OCID: ocds-r6ebe6-0000588853

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000588853)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000588853.json)

## Summary

The Shetland Islands Council has completed a procurement process for a Banking Services Contract, valued at £59,620 and located in Lerwick, Shetland Islands. The tender followed an open procurement method and was initiated on 31 January 2020, with bids due by 24 February 2020. The contract has been awarded to Lloyds Bank plc, and it is set to provide banking services through an open procedure in accordance with the Procurement (Scotland) Regulations 2016.

This contract offers significant opportunities for growth, particularly for businesses specialising in banking and financial services. Companies that can demonstrate their capability to maintain a local branch in Shetland, provide evidence of similar services, and meet stringent financial criteria are well-suited to compete. The procurement process encourages participation from established financial institutions that can fulfil the economic and technical requirements outlined in the tender documentation.

## Notice

Provision of Banking Services

### Lot Information

Lot 1

An open procedure was followed in accordance with the Procurement (Scotland) Regulations 2016.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV399813 |
| Notice type | PCS Notice - Website Contract Award 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 | 17 Nov 2020 |
| Submission deadline | 24 Feb 2020 |
| Future notice date | Not specified |
| Award date | 26 Oct 2020 |
| Contract period | 1 Apr 2020 - 31 Mar 2025 |
| Recurrence | 5 years |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £59,620 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Not specified |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SHETLAND ISLANDS COUNCIL |
| Locality | LERWICK |
| Post town | Lerwick |
| Postcode | ZE1 0HB |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM2 Highlands and Islands |
| ITL 3 | TLM20 Highlands and Islands |
| Local authority | Shetland Islands |
| Electoral ward | Lerwick North and Bressay |
| Westminster constituency | Orkney and Shetland |
| Delivery location | TLM66 Shetland Islands |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66110000 - Banking services

## Release History

- 17 Nov 2020 at 00:00 - Award - PCS Notice - Website Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV399813
- 31 Jan 2020 at 00:00 - Tender - PCS Notice - Website Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN379106

## Documents

- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN379106&idx=3
  7th February 2020 - Word version for ease of reference
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN379106&idx=1
  31st January 2020 - Invitation to Tender
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN379106&idx=2
  31st January 2020 - European Single Procurement Document (ESPD)
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN379106
  Banking Services Contract - Provision of Banking Services
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV399813
  Banking Services Contract - Provision of Banking Services

## Notice URLs

- http://
- http://www.publiccontractsscotland.gov.uk
- http://www.shetland.gov.uk
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000588853

## 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-r6ebe6-0000588853. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000588853.json.