Find a TenderAwarded
Published 14 Mar 2022, 16:39 GMT

Official UK procurement notice

BANKING SERVICES FOR SHEFFIELD CITY COUNCIL

Official notice

Authority: Sheffield City Council (Local council)

ServicesOpen procedure
Published estimate£490,000exc. VAT
Submissions closed 13 Apr 2022awarded 22 Nov 2022
Awarded to Barclays Bank

What is being bought

Published requirement description

Your organisation, along with others, is invited to submit a tender for the Provision of Banking Services for Sheffield City Council for a five-year period starting on 1 October 2022 with an option to extend for an additional two years (a ‘5+2’ contract period).

CPV: Banking and investment services · Banking services

The lotProcurement structure

single lot · no lot value published
Lot #1Awarded

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: 65%Price: 35%
Published award criteria (2)
  • Quality: 65
  • Price: 35
What this means for your bid
  • Price carries 35 of 100 points: a 10% discount moves about 3.5 points. The method statement decides this lot, not the discount.

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

Procedure terms & legal framework

From the official record
Procedure method
Open 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
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
14 Mar 2022, 16:39 GMT
Last source update
5 Jan 2023, 19:09 GMT
Award evaluation window
13 Apr 2022 – …
Authority reference
50474
FTS notice number
2023/S 000-000318
Classification (CPV)
Banking and investment servicesBanking services
Delivery area
Yorkshire & Humber (UKE32)
Official registry OCID
ocds-h6vhtk-032194 Find a Tender

How it was run

Official notice
Run through: EU-Supply (CTM) · Who buys & how to bid on EU-Supply
Public notice page · account needed to bidLanguage: EN
Access & registration note: Free · 5–10 minutes
Submission deadline
13 Apr 2022, 17:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
13 Apr 2022, 17:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

13 Apr 2022 → 5 Jan 2023 · 3 dates
  1. Submission deadline
    13 Apr 2022, 17:00 BST
  2. Bids opened
    13 Apr 2022, 17:00 BST
  3. Notice published
    5 Jan 2023, 19:09 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    5 Jan 2023, 19:09 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £490,0001 contract exc. VAT
Bids received 3
Contracts signed 1latest 22 Nov 2022
Awarded toValueDateStatus
Barclays Bank£490,000 †—Awarded

Contracts

  • BANKING SERVICES FOR SHEFFIELD CITY COUNCIL · Barclays Bank

    Signed
    22 Nov 2022
    Value
    £490,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
3bids · 3 electronic0——

Contracting authority & participating public bodies

Sheffield City Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services (GB) 173 5488 38 Town Hall, Pinstone Street, , Sheffield, Yorkshire & Humber, S1 2HHContact name, email, phone Published organisation website ↗

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.