Awarded contract

Corporate Banking and Merchant Services

  • Tunbridge Wells Borough Council

F03: Contract award notice

Notice reference: 2024/S 000-005411

Published 19 February 2024, 3:16pm



Section one: Contracting authority

one.1) Name and addresses

Tunbridge Wells Borough Council

Town Hall

Tunbridge Wells

TN1 1RS

Contact

Miss Louisa Coley

Email

louisa.coley@tunbridgewells.gov.uk

Telephone

+44 1892526121

Country

United Kingdom

NUTS code

UKJ46 - West Kent

Internet address(es)

Main address

http://www.tunbridgewells.gov.uk

Buyer's address

http://www.tunbridgewells.gov.uk

one.4) Type of the contracting authority

Regional or local authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Corporate Banking and Merchant Services

Reference number

DN694071

two.1.2) Main CPV code

  • 66000000 - Financial and insurance services

two.1.3) Type of contract

Services

two.1.4) Short description

Tunbridge Wells Borough Council (TWBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services).

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Lowest offer: £474,970 / Highest offer: £1,000,000 taken into consideration

two.2) Description

two.2.2) Additional CPV code(s)

  • 66110000 - Banking services

two.2.3) Place of performance

NUTS codes
  • UKJ46 - West Kent

two.2.4) Description of the procurement

Tunbridge Wells Borough Council (TWBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services).

two.2.5) Award criteria

Cost criterion - Name: Cost / Weighting: 60

Cost criterion - Name: Quality / Weighting: 40

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Open procedure

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: No

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2023/S 000-030024

four.2.9) Information about termination of call for competition in the form of a prior information notice

The contracting authority will not award any further contracts based on the above prior information notice


Section five. Award of contract

Lot No

1

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

19 February 2024

five.2.2) Information about tenders

Number of tenders received: 1

Number of tenders received by electronic means: 1

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

Lloyds Banking Group PLC

125 Colmore Row

Birmingham, West Midlands

B3 3SF

Country

United Kingdom

NUTS code
  • UKJ46 - West Kent
The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Lowest offer: £474,970 / Highest offer: £1,000,000 taken into consideration


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

Mid Kent Legal

Town Hall

Tunbridge Wells

TN1 1RS

Country

United Kingdom