Published date: 10 January 2020
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Banking services - 66110000
Location of contract
Any region
Value of contract
£1,200,000
Procurement reference
DORST001-DN433545-33175371
Published date
10 January 2020
Closing date
19 November 2019
Contract start date
1 January 2020
Contract end date
31 December 2025
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
Dorset Council is seeking tenders for the provision of banking services.
Local Government Reorganisation has taken place in the County of Dorset, which resulted in a new Dorset Council on 1 April 2019 replacing the former district and borough councils (East Dorset, North Dorset, Purbeck, West Dorset, Weymouth & Portland) and the former Dorset County Council. The banking arrangements maintained by the former councils are currently provided by a range of different banks and these arrangements will continue until the new banking contract for Dorset Council is implemented.
Dorset Council requires a comprehensive money transmission banking service involving maintenance of numerous bank accounts, handling of paper, BACS and CHAPS clearing, cash processing and other activities associated with local authority banking business.
The Council will require an internet banking service for balance/transaction reporting and payment initiation.
It is anticipated that the contract will commence immediately after final award and run for a period of 5 years. The Council will require the option to extend the contract for a further 3 years (making a maximum possible contract length of 8 years).
Given the complexities of consolidating the banking arrangements, it is very unlikely that all services/requirements will be fully implemented by 1st April 2020. It is likely that different arrangements will be transferred to the new banking contract over an extended period of time up to and following 1st April 2020
More information
Previous notice about this procurement
- Opportunity
- Published 17 October 2019
Additional text
-
Unrestricted access to tender documents via https://www.supplyingthesouthwest.org.uk/
Award information
Awarded date
20 December 2019
Contract start date
1 January 2020
Contract end date
31 December 2025
Total value of contract
£1,200,000
This contract was awarded to 1 supplier.
National Westminster Bank plc
Address
NatWest House, Floor 1, Templars Way, Chandlers Ford, Eastleigh, SO53 3UD
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
Dawn Adams
Address
Dorset County Council
County Hall
Dorchester
DT1 1XJ
United Kingdom
Telephone
+44 1305221271
dawn.adams@dorsetcouncil.gov.uk
Website
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Closing: 19 November 2019
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