Published date: 20 December 2020

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


Closing: 24 August 2020, 12pm

Contract summary

Industry

  • Banking services - 66110000

  • Financial transaction processing and clearing-house services - 66172000

Location of contract

SO23 9LJ

Value of contract

£140,000 to £246,400

Procurement reference

20201220163040-86482

Published date

20 December 2020

Closing date

24 August 2020

Closing time

12pm

Contract start date

1 April 2021

Contract end date

31 March 2029

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

Winchester City Council ("The Council") is inviting tenders for the provision of banking services.

The contract required is for general money transmission banking services and includes maintenance of Council bank accounts, access to Faster Payments, BACS, and CHAPS payments. Paper clearing as well as cash handling. Internet banking service will be required for balance/transaction review and reporting and for payment initiation.

The Commencement Date for the Contract is 1 April 2021, and the Contract shall terminate on 31 March 2026. The Council will require the option to extend the contract for another three years (i.e. up until 31 March 2029).

Prospective Tenderers must be authorised to act as a bank in the UK and provide access to UK clearing systems.

The Council may seek documentary evidence appropriate to Financial Conduct Authority (or equivalent) registration during the selection / evaluation process.

Please see the tender documents for full details on selection and evaluation procedures.

The Council is utilising an electronic tendering tool to manage this procurement and communicate with Tenderers. Accordingly, there will be no hard copy documents issued to Tenderers and all communications with the Council, including the submission of Tenderers' Responses, will be conducted via the Complete Tender Management system (CTM), which can be accessed using the following link:

https://uk.eu-supply.com/login.asp?B=WCC

To register on CTM, please see Additional Details below.

More information

Links

Award information

Awarded date

19 November 2020

Contract start date

1 April 2021

Contract end date

31 March 2026

Total value of contract

£146,343

This contract was awarded to 1 supplier.

Royal Bank of Scotland (Natwest)

Address

The Royal Bank of Scotland
250 Bishopsgate
London
United Kingdom

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Jamie Butt

Address

Winchester City Council
Colebrook Street, Winchester
SO23 9LJ
ENG

Telephone

01962 840222

Email

procurement@winchester.gov.uk

Website

https://www.winchester.gov.uk