Banking Services

Portsmouth City Council - the Council - is inviting tenders from suitably qualified financial institutions for the provision of corporate banking services.

Full specification is available via the link below:

https://in-tendhost.co.uk/portsmouthcc/aspx/home/

The Council will enter into contract with the successful bidder on the basis of a 5 year term extendable by a further 5 years in increments to be agreed subject to performance and agreement of both parties.

The Council will run the procurement process in accordance with the 'Open' procedure as set out within the Public Contracts Regulations (2015) in line with the following programme:

Invitation to Tender Pack made available: 10th January 2022

Deadline for requests for clarification: 11th February 2022 16:00

Tender return deadline: 18th February 2022 16:00

Deadline for return of Company Reference Questionnaires from client referees: 18th February 2022 16:00

Interviews - if required: W/C 7th March 2022

Standstill period: 11th March 2022 - 21st March 2022

Contract award & mobilisation: 22nd March 2022

Contract commencement: 2nd March 2023

The contract will commence on 2nd March 2023. The Council is aiming to award the contract by 22nd March 2022.

Application is via completed tender submission by the date above via the

Council's e-sourcing solution which will be used to administrate the procurement process

and is accessible free of charge via the link below:

https://in-tendhost.co.uk/portsmouthcc/aspx/home/