Contract

INVITATION TO TENDER FOR BANKING SERVICES

  • Gloucestershire County Council

F03: Contract award notice

Notice identifier: 2021/S 000-024181

Procurement identifier (OCID): ocds-h6vhtk-02bb06

Published 29 September 2021, 12:02pm



Section one: Contracting authority

one.1) Name and addresses

Gloucestershire County Council

Shire Hall

Gloucester

GL1 2TH

Contact

Mr Shak Miah

Email

shak.miah@gloucestershire.gov.uk

Telephone

+44 1452324331

Country

United Kingdom

NUTS code

UKK13 - Gloucestershire

Internet address(es)

Main address

https://www.gloucestershire.gov.uk

Buyer's address

https://www.gloucestershire.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

INVITATION TO TENDER FOR BANKING SERVICES

Reference number

DN549725

two.1.2) Main CPV code

  • 66110000 - Banking services

two.1.3) Type of contract

Services

two.1.4) Short description

Gloucestershire County Council (GCC) intends to procure a transactional banking provider for general banking services.

The banking service requirements of GCC are below.

1.1 A fixed term 5 year contract for banking services.

1.2 Four (4) main bank accounts, with the ability to be administered through internet banking, which can handle common forms of banking transaction, including foreign generated transactions.

1.3 The ability to pool these main accounts, with the contractual right to offset for both balances and interest calculation.

1.4 A further account which is to be segregated from the main accounts, but administered through the same internet banking portal as the main accounts.

1.5 A Head Office Collection Account (HOCA) for the receipt of school and library payments, (or any legitimate, cost effective replacement system).

1.6 In addition to the main accounts, approximately 160 accounts are maintained for schools and other establishments. These are operated independently from the main bank accounts and have their own signatories, they are not subject to the account balance pooling arrangement detailed in 1.2.

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: £23,308.70

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UKK13 - Gloucestershire

two.2.4) Description of the procurement

Gloucestershire County Council (GCC) intends to procure a transactional banking provider for general banking services.

The banking service requirements of GCC are below.

1.1 A fixed term 5 year contract for banking services.

1.2 Four (4) main bank accounts, with the ability to be administered through internet banking, which can handle common forms of banking transaction, including foreign generated transactions.

1.3 The ability to pool these main accounts, with the contractual right to offset for both balances and interest calculation.

1.4 A further account which is to be segregated from the main accounts, but administered through the same internet banking portal as the main accounts.

1.5 A Head Office Collection Account (HOCA) for the receipt of school and library payments, (or any legitimate, cost effective replacement system).

1.6 In addition to the main accounts, approximately 160 accounts are maintained for schools and other establishments. These are operated independently from the main bank accounts and have their own signatories, they are not subject to the account balance pooling arrangement detailed in 1.2.

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 60

Cost criterion - Name: Cost / 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: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2021/S 000-013203


Section five. Award of contract

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

24 September 2021

five.2.2) Information about tenders

Number of tenders received: 4

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from other EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 4

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

five.2.3) Name and address of the contractor

Lloyds Bank

25 Gresham Street

London

EC2v 7HN

Email

Michelle.davis@lloydsbanking.com

Telephone

+44 7710807738

Country

United Kingdom

NUTS code
  • UKK13 - Gloucestershire
The contractor is an SME

No

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

Total value of the contract/lot: £265,000


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

Gloucestershire County Council

Westgate Street

Gloucester

GL1 2TH

Email

shak.miah@gloucestershire.gov.uk

Telephone

+44 1452424331

Country

United Kingdom