Official UK procurement notice
Banking Services · UK public procurement notice
Authority: Leeds City Council - PACS (Local council)
Sectors: Financial and insurance services (66) Delivery: Yorkshire & Humber (UKE4)
Awarded value£240,000published contract · exc. VAT
Awarded 4 Apr 2011
Awarded to National Westminster Bank PLC, Natwest Bank Plc
Contract term 2 yrsends 31 Mar 2026 · starts 1 Apr 2024
What is being bought
Published requirement descriptionNo description was published on the notice. See the official documents.
CPV: Banking services
The lotProcurement structure
single lot · no lot value publishedLot #1The provision of Banking Services to the Council on an as and when required basis as…
The provision of Banking Services to the Council on an as and when required basis as set out in Schedule 1 of the contract.
Procedure terms & legal framework
From the official record- 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
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 27 Feb 2024, 17:02 GMT
- Last source update
- 27 Feb 2024, 17:02 GMT
- FTS notice number
2024/S 000-006316- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-043d4cFind a Tender
How it was run
Official notice- Submission deadline
- —
Timeline
27 Feb 2024 → 1 Apr 2024 · 2 dates- Notice published27 Feb 2024, 17:02 GMT
- Contract starts1 Apr 2024, 00:00 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value £240,0001 contract exc. VAT
Contracts signed 1latest 4 Apr 2011
| Awarded to | Value | Date | Status |
|---|---|---|---|
| National Westminster Bank PLC, Natwest Bank Plcjoint awardProvision of Banking Services | £240,000 † | — | Awarded |
Contracts
Provision of Banking Services · National Westminster Bank PLC, Natwest Bank Plc
- Signed
- 4 Apr 2011
- Value
- £240,000
- Period
- … – 31 Mar 2026
- Status
- active
- Change The end date of the original contract DN4169 has been modified by 24 months., Need for additional works, services or supplies by the original contractor/concessionaire: A change of provider would require significant amendments to the Council's Financial Management System. Currently, finance and IDS officer resources are deployed to the forthcoming implementation of a new financial system and given the financial challenges faced by the Council the scope for availability of further resources is severely constrained. There are a number of interdependences between the Banking Services provision and the new financial ledger which still require fully specifying and testing. To change provider at this stage, simultaneously with the implementation of the new financial ledger, would be uneconomical and technically unviable.
Contracting authority & participating public bodies
Dispute resolution & review bodies
- The High Court of JusticeReview body
Bidders & participating suppliers
2 commercial parties on the notice- National Westminster Bank PlcAwarded supplier
- Natwest Bank PlcAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.