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Official procurement procedure

Banking Services

Banking and investment services
Banking services
East Midlands (UKF3)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Lincolnshire County Council: "Banking Services". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityLincolnshire County CouncilScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Lincolnshire County Council
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Lincolnshire County 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
12.1Bids / Report
6.3% 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: 207 active published awards; 207 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 Unpublished data stays unknown.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 AuthorityLincolnshire County 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
Published16 Apr 2024, 15:04 BST
Last source update16 Apr 2024, 15:04 BST
Recurring procurementNot published
ClassificationBanking and investment services, Banking services
Delivery area
East Midlands (UKF3)
OCIDocds-h6vhtk-03eb37
What is being bought
The services which were being procured as part of this procurement are money transmission banking services. The banking services required include the maintenance of bank accounts, cash and cheque handling, BACS, CHAPS, Faster Payments processing and other money transmission services associated with local authority banking arrangements.
What changed
From the official release history
  1. tender value changed
    16 Apr 2024, 15:04 BST
  2. Status changed to complete
    16 Apr 2024, 15:04 BST
  3. Official notice release published
    16 Apr 2024, 15:04 BST
  4. Submission deadline changed to published date
    16 Apr 2024, 15:04 BST
  5. Published value updated to £210,000
    28 Jul 2023, 12:00 BST
  6. Status changed to active
    28 Jul 2023, 12:00 BST
  7. Official notice release published
    28 Jul 2023, 12:00 BST
  8. Submission deadline changed to 28 Aug 2023, 12:00 BST
    28 Jul 2023, 12:00 BST
  9. Buyer information updated
    28 Jul 2023, 12:00 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    This was procured through an Open Procedure
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    16 Apr 2024, 15:04 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 31 Mar 2024, 00:00 GMT · £152,222
Commercial outcome and competition
Awards
Barclays Bank PLC
Not published · Not published · active
Contracts
Contract
£152,222 · signed 31 Mar 2024, 00:00 GMT · active
Bid statistics
bids: 4 (lot 1)
Buyer and organisations in this procedure

Lincolnshire County Council

Contracting authority GB-FTS-39
View buyer profile

  • Lincolnshire County Council
    buyer

    County Offices, Newland, Lincoln, UKF3, LN1 1YL
    procurement.lincolnshire@lincolnshire.gov.uk
    +44 1522

  • Barclays Bank PLC
    supplier

    1 Churchill Place, London, UKF3, E14 5HP

  • High Court of England and Wales
    reviewBody

    Royal Courts of Justice, The Strand, London, WC2A 2LL
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published