--- title: "Core Banking Services" ocid: "ocds-r6ebe6-0000589472" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000589472" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000589472.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000589472.json" source: "Public Contracts Scotland" current_stage: "Award" buyer: "THE CITY OF EDINBURGH COUNCIL" published: "2020-03-23" --- # Core Banking Services Buyer: THE CITY OF EDINBURGH COUNCIL Current stage: Award OCID: ocds-r6ebe6-0000589472 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000589472) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000589472.json) ## Summary The City of Edinburgh Council, alongside Fife Council and Scottish Borders Council, has initiated a procurement process for "Core Banking Services." This open tender, currently in the award stage, is aimed at delivering essential banking services to multiple organisations including the City of Edinburgh Council itself and Edinburgh Leisure. Key activities occur within the location of Edinburgh and surrounding areas, with the procurement needing to comply with set legal regulations, and the value of the award totaled £783,028.56, signed on 22 January 2020. This procurement presents significant opportunities for businesses involved in financial services and technology, particularly those capable of delivering comprehensive banking solutions. Companies that meet the minimum annual turnover threshold of £600,000 and possess the necessary regulatory authorisations from the Financial Conduct Authority are well-suited to compete. Furthermore, successful tenderers will also be expected to contribute to community benefits, making it an appealing contract for businesses that excel in corporate social responsibility. ## Notice Requirement for core banking services for a number of organisations. Tenders are on the basis of providing the service to the City of Edinburgh Council, Fife Council, Scottish Borders Council,Fife Council and Edinburgh Leisure. ### Lot Information Lot 1 Requirement for core banking services for a number of organisations. Tenders are on the basis of providing the service to the City of Edinburgh Council, Fife Council, Scottish Borders Council, Fife Council and Edinburgh Leisure. Renewal: Any Contract resulting from this Tender will commence in January 2020 for a period of four years with the option to extend for up to a further twenty four months. ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR384203 | | 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 | Large | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 23 Mar 2020 | | Submission deadline | 23 Aug 2019 | | Future notice date | Not specified | | Award date | 22 Jan 2020 | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £1,500,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | £783,028 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Not specified | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | THE CITY OF EDINBURGH COUNCIL | | Additional buyers | EDINBURGH LEISURE; FIFE COUNCIL; SCOTTISH BORDERS COUNCIL | | Locality | EDINBURGH | | Post town | Edinburgh | | Postcode | EH8 8BG | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM9 Southern Scotland | | ITL 3 | TLM91 Scottish Borders | | Local authority | Scottish Borders | | Electoral ward | Selkirkshire | | Westminster constituency | Berwickshire, Roxburgh and Selkirk | | Delivery location | TLM72 Clackmannanshire and Fife, TLM75 City of Edinburgh, TLM91 Scottish Borders | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | RBS | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66110000 - Banking services ## Release History - 23 Mar 2020 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR384203 - 2 Jul 2019 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL359309 ## Documents - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL359309&idx=9 22nd August 2019 - Updated as per additional information - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL359309&idx=1 4th July 2019 - CT2700 Core Banking Specification - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL359309&idx=2 4th July 2019 - CT2700 Core Banking Fife Council Specification - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL359309&idx=3 4th July 2019 - CT2700 Core Banking Tenderers Submission - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL359309&idx=4 4th July 2019 - CT2700 Pricing Schedule - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL359309&idx=5 4th July 2019 - CT2700 Core Banking Terms & Conditions - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL359309&idx=6 4th July 2019 - CT2700 Core Banking Appendix 1 - Community Benefits - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL359309&idx=7 4th July 2019 - Appendix 2 Interest Rate Scoring Matrix - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL359309&idx=8 4th July 2019 - CT2700 Core Banking Instructions to Tenderers - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL359309 Core Banking Services - Requirement for core banking services for a number of organisations. Tenders are on the basis of providing the service to the City of Edinburgh Council, Fife Council, Scottish Borders Council and Fife Council. - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR384203 Core Banking Services - Requirement for core banking services for a number of organisations. Tenders are on the basis of providing the service to the City of Edinburgh Council, Fife Council, Scottish Borders Council,Fife Council and Edinburgh Leisure. ## Notice URLs - http:// - http://www.edinburgh.gov.uk - http://www.fifedirect.org.uk - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000589472 - https://www.fca.org.uk/brexit/temporary-permissions-regime - https://www.publiccontractsscotland.gov.uk - https://www.publiccontractsscotland.gov.uk/Default.aspx ## 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-r6ebe6-0000589472. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000589472.json.