Contract

Banking Services

  • Leeds City Council - PACS

F20: Modification notice

Notice identifier: 2024/S 000-006316

Procurement identifier (OCID): ocds-h6vhtk-043d4c

Published 27 February 2024, 5:02pm



Section one: Contracting authority/entity

one.1) Name and addresses

Leeds City Council - PACS

Civic Hall

Leeds

LS11UR

Contact

Philippa Elliott

Email

philippa.elliott@leeds.gov.uk

Telephone

+44 1133785882

Country

United Kingdom

Region code

UKE42 - Leeds

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

https://www.leeds.gov.uk


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Banking Services

two.1.2) Main CPV code

  • 66110000 - Banking services

two.1.3) Type of contract

Services

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UKE4 - West Yorkshire
Main site or place of performance

Leeds geographical area

two.2.4) Description of the procurement at the time of conclusion of the contract:

Provision of Banking Services to the Council on an as and when required basis as set out in Schedule 1 of the contract.

two.2.7) Duration of the contract, framework agreement, dynamic purchasing system or concession

Start date

1 April 2024

End date

31 March 2026


Section four. Procedure

four.2) Administrative information

four.2.1) Contract award notice concerning this contract

Notice number: 2010/S 023-033148


Section five. Award of contract/concession

Contract No

DN4169

Title

Provision of Banking Services

five.2) Award of contract/concession

five.2.1) Date of conclusion of the contract/concession award decision:

4 April 2011

five.2.2) Information about tenders

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

five.2.3) Name and address of the contractor/concessionaire

Natwest Bank Plc

135 Bishopsgate London

London

EC2M 3UR

Country

United Kingdom

NUTS code
  • UKI - London
Justification for not providing organisation identifier

Not on any register

The contractor/concessionaire is an SME

No

five.2.4) Information on value of the contract/lot/concession (at the time of conclusion of the contract;excluding VAT)

Total value of the procurement: £144,476


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

The High Court of Justice

The Strand

London

WC2A 2LL

Country

United Kingdom


Section seven: Modifications to the contract/concession

seven.1) Description of the procurement after the modifications

seven.1.1) Main CPV code

  • 66110000 - Banking services

seven.1.3) Place of performance

NUTS code
  • UKE4 - West Yorkshire
Main site or place of performance

Leeds geographical area

seven.1.4) Description of the procurement:

The provision of Banking Services to the Council on an as and when required basis as set out in Schedule 1 of the contract.

seven.1.5) Duration of the contract, framework agreement, dynamic purchasing system or concession

Duration in months

24

seven.1.6) Information on value of the contract/lot/concession (excluding VAT)

Total value of the contract/lot/concession:

£240,000

seven.1.7) Name and address of the contractor/concessionaire

National Westminster Bank Plc

250 Bishopsgate

London

EC2M 4AA

Country

United Kingdom

NUTS code
  • UKI - London
Justification for not providing organisation identifier

Not on any register

The contractor/concessionaire is an SME

No

seven.2) Information about modifications

seven.2.1) Description of the modifications

Nature and extent of the modifications (with indication of possible earlier changes to the contract):

The end date of the original contract DN4169 has been modified by 24 months.

seven.2.2) Reasons for modification

Need for additional works, services or supplies by the original contractor/concessionaire.

Description of the economic or technical reasons and the inconvenience or duplication of cost preventing a change of contractor:

A change of provider would require significant amendments to the Council's Financial Management System. Currently, finance and IDS officer resources are deployed to the forthcoming implementation of a new financial system and given the

financial challenges faced by the Council the scope for availability of further resources is severely constrained. There are a number of interdependences between the Banking Services provision and the new financial ledger which still require fully specifying and testing. To change provider at this stage, simultaneously with the implementation of the new financial ledger, would be uneconomical and technically unviable.

seven.2.3) Increase in price

Updated total contract value before the modifications (taking into account possible earlier contract modifications, price adaptions and average inflation)

Value excluding VAT: £270,000

Total contract value after the modifications

Value excluding VAT: £240,000