Published date: 19 December 2023

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 15 November 2023, 12pm

Contract summary

Industry

  • Banking services - 66110000

Location of contract

NE3 3XT

Value of contract

£78,751.12

Procurement reference

CF-2031000D0O000000rwimUAA

Published date

19 December 2023

Closing date

15 November 2023

Closing time

12pm

Contract start date

1 January 2024

Contract end date

31 December 2028

Contract type

Service contract

Procedure type

Competitive quotation (below threshold)

The buyer selects a group of potential suppliers to invite to tender.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

The Authority tendered for a banking provider for:

- Current accounts x 6 to receive income, make cheque payments and to make transfers to and from other accounts, including its account with Natwest (Government Bank Account).

This will be operational accounts only with no fixed deposits or lending required.

The pricing schedule shows the current annual account activity for our accounts which includes main activities of:

- Banking (cash and cheques) - most of the banking are notes i.e. around 90% for banked and 99% for withdrawal) as we keep as much change as possible at main cashiering sites. We do around 10 drops per week, transported by Security Plus Limited to a local branch - See Pricing Schedule for more detail.
- Direct Receipts
- Manual cheques issued - two signatures are required if the cheque is for £50k or over, or the cheque is made out to "cash"
- BACS payments made
- Inter-account transfers

More information

Additional text

This is notice of an Awarded Contract and not a live opportunity

Award information

Awarded date

1 January 2024

Contract start date

1 January 2024

Contract end date

31 December 2028

Total value of contract

£78,751.12

This contract was awarded to 1 supplier.

Lloyds Bank

Address

25 Gresham Street, London, EC2V 7HN

Reference

None

Supplier is SME?

No

About the buyer

Contact name

Paul Batey

Address

Arran House, St Nicholas Hospital, Jubilee Road, Gosforth
Newcastle Upon Tyne
NE3 3XT
United Kingdom

Telephone

01912467208

Email

paul.batey@ntw.nhs.uk