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INVITATION TO TENDER FOR BANKING SERVICES

Gloucestershire County Council Published 29 Sept 2021 Contracts Finder

key details

Statuscomplete
Category (CPV) 66110000
RegionSouth West
Deadline2 Aug 2021
Procedureopen
OCIDocds-h6vhtk-02bb06

Awards (2)

This procurement was awarded to 2 suppliers. Values shown are per-award; the notice total is ·.

SupplierValueDateStatus
Lloyds Bank · · active
Lloyds Banking Group £265,000 23 Sept 2021 active

description

Gloucestershire County Council (GCC) intends to procure a transactional banking provider for general banking services.

The banking service requirements of GCC are below.

1.1A fixed term 5 year contract for banking services.
1.2Four (4) main bank accounts, with the ability to be administered through internet banking, which can handle common forms of banking transaction, including foreign generated transactions.
1.3The ability to pool these main accounts, with the contractual right to offset for both balances and interest calculation.
1.4A further account which is to be segregated from the main accounts, but administered through the same internet banking portal as the main accounts.
1.5A Head Office Collection Account (HOCA) for the receipt of school and library payments, (or any legitimate, cost effective replacement system).
1.6In addition to the main accounts, approximately 160 accounts are maintained for schools and other establishments. These are operated independently from the main bank accounts and have their own signatories, they are not subject to the account balance pooling arrangement detailed in 1.2.

documents

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notice history

4 notices published against this procurement.

PublishedTypeRegimeNotice
25 Sept 2020 Tender (tender) · 4b3afe61-cf86-45cb-b7ee-6ee42f350834-383355
11 Jun 2021 Contract notice (F02) Earlier regulations 013203-2021
29 Sept 2021 Contract award notice (F03) Earlier regulations 024181-2021
29 Sept 2021 Award (award) · 8cc0b76c-035f-499c-90ad-d67754484802-472307

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