Section one: Contracting authority
one.1) Name and addresses
Maidstone Borough Council
Maidstone House, Kings Street
Maidstone
ME15 6JQ
Contact
Miss Louisa Coley
louisa.coley@tunbridgewells.gov.uk
Telephone
+44 1892554189
Country
United Kingdom
Region code
UKJ45 - Mid Kent
Internet address(es)
Main address
Buyer's address
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
Maidstone Borough Council - Corporate Banking and Merchant Services
Reference number
DN736378
two.1.2) Main CPV code
- 66000000 - Financial and insurance services
two.1.3) Type of contract
Services
two.1.4) Short description
Maidstone Borough Council (MBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services).
Contract Term:
This contract term will be an initial 5-year term. The Council would reserve the right to extend this contract for a period of up to 60 months at the end of the initial 5-year contract term.
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: £1 / Highest offer: £388,600 taken into consideration
two.2) Description
two.2.2) Additional CPV code(s)
- 66110000 - Banking services
two.2.3) Place of performance
NUTS codes
- UKJ45 - Mid Kent
two.2.4) Description of the procurement
Maidstone Borough Council (MBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services).
Contract Term:
This contract term will be an initial 5-year term. The Council would reserve the right to extend this contract for a period of up to 60 months at the end of the initial 5-year contract term.
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: 2024/S 000-024389
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
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
25 October 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
3rd Floor, 25 Gresham Street
London
EC2V 7HN
Country
United Kingdom
NUTS code
- UKJ45 - Mid Kent
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Lowest offer: £1 / Highest offer: £388,600 taken into consideration
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
Mid Kent Legal
Maidstone
Country
United Kingdom