Published date: 29 September 2025

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


Closing: 24 September 2025, 11:59pm

Contract summary

Industry

  • Banking and investment services - 66100000

Location of contract

England

Value of contract

£640,000

Procurement reference

SOUTHWARK-DN791691-62184743

Published date

29 September 2025

Closing date

24 September 2025

Closing time

11:59pm

Contract start date

1 October 2025

Contract end date

30 September 2030

Contract type

Service contract

Procedure type

Other

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

This contract is for banking services which will support the financial operations of the council via the continued provision of a main bank account, subsidiary collection and sweep accounts, and specified school accounts. It will also support the council's safeguarding role with the provision of court of protection bank accounts.

The contract will deliver core transactional banking arrangements, providing bank account structures to be used for outgoing payments such as creditor cheques, CHAPS, BACS, direct debits, standing order payments, balance requests, and the access to ancillary services such as system files for receipting income.

It is a call-off from General Banking Services Framework NEPO 0531.

Award information

Awarded date

24 September 2025

Contract start date

1 October 2025

Contract end date

30 September 2030

Total value of contract

£640,000

This contract was awarded to 1 supplier.

National Westminster Bank

Address

RH10 1DQ

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Janette Mudahy

Address

Southwark Council
160 Tooley Street
London
SE1 2QH
England

Email

Janette.Mudahy@southwark.gov.uk

Website

http://www.southwark.gov.uk