Section one: Contracting authority
one.1) Name and addresses
London Borough of Croydon
Bernard Wetherill House, Fell Road
Croydon
CR01EA
Contact
Jacob Aghedo
Telephone
+44 2087266000
Country
United Kingdom
Region code
UKI - London
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main 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
Corporate Banking Services
Reference number
LBC/TN/414
two.1.2) Main CPV code
- 66100000 - Banking and investment services
two.1.3) Type of contract
Services
two.1.4) Short description
The London Borough of Croydon seeks to reprocure its Corporate Banking Services contract. The incumbent supplier was invited to tender for this service as a call-off from the NEPO531 General Banking Services framework for a term contract of 8 years, effective from the 1st of April 2025 to the 31st of March 2033.
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: £535,000
two.2) Description
two.2.2) Additional CPV code(s)
- 66110000 - Banking services
two.2.3) Place of performance
NUTS codes
- UKI - London
two.2.4) Description of the procurement
The procurement is a direct award via a call-off from the NEPO531 General Banking Services framework.
two.2.5) Award criteria
Quality criterion - Name: 20 / Weighting: 20
Quality criterion - Name: Social Value / Weighting: 10
Price - Weighting: 70
two.2.11) Information about options
Options: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Award of a contract without prior publication of a call for competition in the cases listed below
- The procurement falls outside the scope of application of the regulations
Explanation:
NEPO531 General Banking Services framework is PCR 2015 compliant and allows for direct award to pre-qualified suppliers as a call-off contract without prior publication of a call for competition.
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
Section five. Award of contract
Contract No
LBC/TN/414
Title
Corporate Banking Services
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
1 April 2025
five.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators: 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
929027
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £535,000
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
High Court of England
London
Country
United Kingdom