Find a TenderAwarded

Published 21 Oct 2022, 13:22 BST

Official UK procurement notice

B631/26 (NEPO531) – Provision of Banking Services

Official notice

Authority: Bridgend County Borough Council (Local council)·Consortium: 3 public authorities

Framework agreementServicesRestricted procedure

Sectors: Financial and insurance services (66) Delivery: UKWales (UKL17)

Framework ceiling (notional)£288,000,000framework ceiling, not attributable revenue

Submissions closed 21 Jul 2023awarded 25 Nov 2025

Next notice expected 16 Apr 2023

What is being bought

Published requirement description

Bridgend County Borough Council are awarding a contract for the provision of Banking Services via the NEPO531 Framework.

Recurrence: 18-24 months prior to the framework contract expiry date.

CPV: Banking services · Financial and insurance services

How this framework works

From the published notice

Bids received: 3 bids received · 4 suppliers appointed

The lotProcurement structure

single lot · value published

Lot #1AwardedRenewalPublished value£288,000,000

Delivery: UK, Wales

Extensions: 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. · It is anticipated that this Framework Contract will be renewed prior to it's conclusion.Second stage: up to 4 candidates invited to tenderVariant bids: not allowed

66000000 Financial and insurance services

What it takes to win
i
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more

How bids were scored

Quality: 70%Price: 30%

Published award criteria (2)

Quality: 70
Price: 30

What this means for your bid

Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.
“B631/26 (NEPO531) – Provision of Banking Services” is a framework: the contest is a place on its panel, not a single contract.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached

Procedure method: Restricted procedure
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Awarded
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Framework agreement
Who may use this agreement: Not stated in the notice; call-off rights may be limited to the establishing authority
Competition type: Competitive procedure
GPA / WTO covered: Yes (GPA)
Recurring procurement: Yes · 18-24 months prior to the framework contract expiry date.
First published: 21 Oct 2022, 13:22 BST
Last source update: 2 Dec 2025, 15:54 GMT
Authority reference: B631/26 (NEPO531)
FTS notice number: 2025/S 000-079040
Classification (CPV): Banking servicesFinancial and insurance services
Delivery area: UKWales (UKL17)
Official registry OCID: ocds-h6vhtk-0377d9 Find a Tender

Publisher note: (WA Ref:158805)

How it was run

Official notice

Run through: OPEN-UK

Supplier login requiredLanguage: EN

Access & registration note: Free

Appointment period ends: 21 Jul 2023, 12:00 BST
Submission channel: {"electronicSubmission"}
Accepted languages: en

Detailed submission instructions & authority contactsFrom official release

open-uk.org ↗

Timeline

16 Apr 2023 → 2 Dec 2025 · 4 dates

Next notice expected
16 Apr 2023, 00:00 BST
Admission / appointment period endsperiod end, not a bid countdown
21 Jul 2023, 12:00 BST
Invitations to tender expected
6 Sept 2023, 00:00 BST
Notice published327 days ago
2 Dec 2025, 15:54 GMT

Notice history

6 events · 5 releases on Find a Tender · since 21 Jun 2023

Status changed to active
21 Jun 2023, 11:37 BST
Procurement method changed
21 Jun 2023, 11:37 BST
Deadline published: 21 Jul 2023, 12:00 BST
21 Jun 2023, 11:37 BST
Buyer details updated
21 Jun 2023, 11:37 BST
Status changed to complete
5 Mar 2024, 12:01 GMT
Buyer details updated
2 Dec 2025, 15:54 GMT

Published amendments (1 · 0 deadline changes)

When	What	Before	After	Shift
—	TextVI.3.	NEPO is a Central Purchasing Body as defined in the Public Contract Regulations 2015 (PCR15). This means that NEPO may provide central purchasing activity on behalf of Contracting Authorities. The agreement will be available for use by all NEPO Members within the North East region. A list of member organisations is available in the About section of the NEPO website at: www.nepo.org (https://www.ne…	NEPO is a Central Purchasing Body as defined in the Public Contract Regulations 2015 (PCR15). The agreement will be available for use by all NEPO Members. A list of member organisations is available in the About section of the NEPO website at: www.nepo.org (https://www.nepo.org) This agreement will also be made available to all current and future NEPO Associate Members. Current Associate Members a…

1 amendment published without a description.

Routine re-releases (5)

2023-06: 1 release · 21 Jun 2023
2022-10: 1 release · 21 Oct 2022

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Suppliers appointed 4admitted to the panel · see the list ↓

Bids received 3

Contracts signed 2latest 25 Nov 2025

2 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.

Contracts

Contract 079040-2025-B631/26 (NEPO531)-1
Signed
25 Nov 2025
Value
£312,829
Status
active
General Banking Services
Signed
5 Mar 2024
Value
£288,000,000
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
3bids · 3 electronic · 3 from abroad	0	—	—

Contracting authority & participating public bodies

3 public bodies on the notice

Bridgend County Borough Council

Contracting authorityLocal CouncilRegional or local authorityEconomic affairs Bridgend County Borough Council, Procurement Unit, Civic Offices, Angel Street, Bridgend, Wales, CF31 4WBContact email

Consortium members and other public bodies

NEPOContracting authorityCentral purchasing bodyRegional or local authorityGeneral public services Gateshead, UKContact name, email, phone
THE ASSOCIATION OF NORTH EAST COUNCILS LIMITEDContracting authorityRegional or local authorityGeneral public services Gateshead, UKContact name, email Published organisation website ↗

Dispute resolution & review bodies

High CourtReview body LondonContact phone

Framework contractors & participating bidders

4 commercial parties on the notice

BARCLAYS BANK PLCFramework contractor 5 Callaghan Square, Cardiff, UK, CF10 5BT
Barclays Bank PLCFramework contractorGB-COH: 01026167 1 Churchill Place, London, UK, E14 5HP
Lloyds Bank PLCFramework contractorGB-COH: 00002065 25 Gresham Street, London, UK, EC2V 7HN
National Westminster Bank PLCFramework contractorGB-COH: 00929027 250 Bishopsgate, London, UK, EC2M 4AA

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

Economic and financial selection criteriatenderEconomic and financial selection criteria
Technical selection criteriatenderTechnical selection criteria