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Official procurement procedure

Banking Services Contract

Banking and investment services
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Wirral Borough Council: "Banking Services Contract". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityWirral Borough CouncilScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Wirral Borough Council
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Wirral Borough Council. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
14.3Bids / Report
0% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 21 active published awards; 21 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityWirral Borough Council
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published30 Aug 2022, 09:49 BST
Last source update30 Aug 2022, 09:49 BST
Recurring procurementNot published
ClassificationBanking and investment services
Delivery area
OCIDocds-h6vhtk-0315d5
What is being bought
Provision of banking services to Wirral Council and Merseyside Pension Fund. This includes receipts and drawings account and other sub (petty cash imprest) accounts for relevant establishments. Note costs will be split between Wirral MBC and MPF. Circa 2/3rds WBC 1/3 MPF based upon service volumes. 5 year contract with 5 annual extension options.
What changed
From the official release history
  1. Status changed to complete
    30 Aug 2022, 09:49 BST
  2. Official notice release published
    30 Aug 2022, 09:49 BST
  3. Submission deadline changed to published date
    30 Aug 2022, 09:49 BST
  4. Status changed to active
    10 Feb 2022, 15:56 GMT
  5. Official notice release published
    10 Feb 2022, 15:56 GMT
  6. Submission deadline changed to 14 Mar 2022, 12:00 GMT
    10 Feb 2022, 15:56 GMT
  7. Buyer information updated
    10 Feb 2022, 15:56 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Provision of banking services to Wirral Council and Merseyside Pension Fund. This includes receipts and drawings account and other sub (petty cash imprest) accounts for relevant establishments. Note costs will be split between Wirral MBC and MPF. Circa 2/3rds WBC 1/3 MPF based upon service volumes. 5 year contract with 5 annual extension options.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    30 Aug 2022, 09:49 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 19 May 2022, 00:00 BST · £300,000
Commercial outcome and competition
Awards
Lloyds Bank
Not published · Not published · active
Contracts
Banking Services Contract
£300,000 · signed 19 May 2022, 00:00 BST · active
Bid statistics
bids: 2 (lot 1)
Buyer and organisations in this procedure

Wirral Borough Council

Contracting authority GB-FTS-37813
View buyer profile
  • Wirral Borough Council
    buyer

    Wallasey Town Hall, Brighton Street, Wallasey, Brighton Street, Wallasey, UKD74, CH44 8ED
    +44 516062000
  • Lloyds Bank
    supplier

    Manchester, UKD74
  • Royal Courts of Justice
    mediationBody
    reviewBody

    London
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published