Contract

General Banking Services

  • THE ASSOCIATION OF NORTH EAST COUNCILS LIMITED

F03: Contract award notice

Notice identifier: 2024/S 000-006993

Procurement identifier (OCID): ocds-h6vhtk-0377d9

Published 5 March 2024, 12:01pm



Section one: Contracting authority

one.1) Name and addresses

THE ASSOCIATION OF NORTH EAST COUNCILS LIMITED

Northern Design Centre, Abbots Hill, Baltic Business Quarter

Gateshead

NE8 3DF

Email

corporate.services@nepo.org

Country

United Kingdom

Region code

UK - United Kingdom

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

https://www.nepo.org/

one.2) Information about joint procurement

The contract is awarded by a central purchasing body

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

General Banking Services

Reference number

NEPO531

two.1.2) Main CPV code

  • 66000000 - Financial and insurance services

two.1.3) Type of contract

Services

two.1.4) Short description

NEPO, in collaboration with ESPO and YPO, have established a multi-supplier Framework Agreement for the provision of General Banking Services. The service will be used to 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, commission charges and associated interest payments. Alongside these core transactional services, the Framework Agreement includes ancillary services which sit outside the core elements of the agreement, such as receipt accounts to receive payments, rent allowance accounts for benefit payments, wage accounts for staff salary payments and petty cash accounts and treasury deposits.

two.1.6) Information about lots

This contract is divided into lots: No

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

Value excluding VAT: £288,000,000

two.2) Description

two.2.2) Additional CPV code(s)

  • 66000000 - Financial and insurance services

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

NEPO used a competitive procedure with negotiation for the procurement of this Framework Agreement. The first stage was a selection questionnaire, which was used to shortlist suppliers. Shortlisted suppliers were then be Invited to Tender. The selection questionnaire document also contained an ITT overview that set out the high-level requirements of the Framework Agreement. This document allowed suppliers to determine if they were interested in this opportunity and consider whether they had the required capability and capacity to deliver the Framework Agreement.

The Framework Agreement is a multi-supplier and single lot solution. Those suppliers shortlisted from selection questionnaire and Invited to Tender were evaluated in accordance with the award criteria contained within the Invitation to Tender documents. NEPO reserved the right to enter into negotiations with tenderers in line with the requirements of the competition with negotiation procedure. NEPO also reserved the right not to enter into negotiations and award the Framework Agreement on the basis of initial tender.

The most economically advantageous tenderers were awarded the Framework Agreement. NEPO does not give any guarantee and/or warrant the actual value of the services (if any) which are placed with the successful supplier(s) by any Contracting Authority using the Framework Agreement pursuant to this process and accepts no liability thereof. In accordance with the Framework Agreement, each Contracting Authority will enter into a call-off contract. The call-off contract is to be entered into by both the Contracting Authority and successful supplier(s) and will be based on the terms and conditions of the Framework Agreement.

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 60

Quality criterion - Name: Social Value / Weighting: 10

Price - Weighting: 30

two.2.11) Information about options

Options: Yes

Description of options

The Framework Agreement is for a period of 48 months with the options to extend for up to a further 2 x 24 month periods. This is due to the commercial and contractual complexity of the Framework Agreement combined with the cost of administrating the procurement for NEPO, ESPO, YPO, Contracting Authorities and Tenderers.


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Competitive procedure with negotiation

four.1.3) Information about a framework agreement or a dynamic purchasing system

The procurement involves the establishment of a framework agreement

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

The procurement is covered by the Government Procurement Agreement: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2023/S 000-017637


Section five. Award of contract

Contract No

NEPO531

Title

General Banking Services

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

5 March 2024

five.2.2) Information about tenders

Number of tenders received: 3

Number of tenders received by electronic means: 3

The contract has been awarded to a group of economic operators: Yes

five.2.3) Name and address of the contractor

Barclays Bank PLC

1 Churchill Place

London

E14 5HP

Country

United Kingdom

NUTS code
  • UK - United Kingdom
Companies House

01026167

The contractor is an SME

No

five.2.3) Name and address of the contractor

Lloyds Bank PLC

25 Gresham Street

London

EC2V 7HN

Country

United Kingdom

NUTS code
  • UK - United Kingdom
Companies House

00002065

The contractor is an SME

No

five.2.3) Name and address of the contractor

National Westminster Bank PLC

250 Bishopsgate

London

EC2M 4AA

Country

United Kingdom

NUTS code
  • UK - United Kingdom
Companies House

00929027

The contractor is an SME

No

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

Total value of the contract/lot: £288,000,000


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

NEPO

Northern Design Centre, Abbots Hill, Baltic Business Quarter

Gateshead

NE8 3DF

Country

United Kingdom