Official UK procurement notice
Banking Services · UK public procurement notice
Authority: Aberdeenshire Council (Local council)·Consortium: 3 public authorities
What is being bought
Published requirement descriptionProvision of Banking Services for Aberdeenshire, Aberdeen City and The Highland Councils
- Recurrence: May 2029
CPV: Banking services
The lotProcurement structure
single lot · value publishedLot #1Provision of council banking services for the following three councils, Aberdeenshire…AwardedRenewalPublished value£475,000
Provision of council banking services for the following three councils, Aberdeenshire Council, Aberdeen City Council and The Highland Council. Each Council will have their own contract with the winning bidder.
What it takes to wini
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 morei
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).
Published award criteria (2)
- Quality: 50
- Price: 50
- Suitability
Question 4A.1 – Bidder is required to provide a certificate from the registrar of companies stating that he is certified as incorporated or registered or, where he is not so certified, a certificate stating that the person concerned has declared on oath that he is engaged in the profession in a specific place under a given business name.
Must be regulated by the FCA.
Question 4A2A and 4A2b
- Economic & financial standing
Question 4.B.5.1 - It is a requirement of this contract that bidders hold, or can hold, or can commit to obtain prior to the commencement of any subsequently awarded contract, the types and levels of insurance indicated below:
Employers (Compulsory) Liability Insurance minimum of GBP5m
Public Liability Insurance minimum of GBP5m
Professional Indemnity Insurance minimum of GBP5m
Question 4B.6 - The Authority will use the independent credit scoring organisation, Creditsafe, to check the financial status of the Bidders. To minimise risk of failure, the desired risk score should be ‘Below Average Risk’ as a minimum. The Council will take a view on the risk to the project should your credit rating fall below this and may involve further detailed financial checking/assessment.
Minimum: Employers (Compulsory) Liability Insurance minimum of GBP5m Public Liability Insurance minimum of GBP5m Professional Indemnity Insurance minimum of GBP5m - Technical & professional ability
Question 4C.1.2 – relevant experience
Question 4C6 Educational and professional qualification
Question 4C.7 – environmental management measures
Question 4C.10 - Subcontract, if so, for what proportion of the contract.
Question 4D.1 – Documented arrangements for providing the bidder’s workforce with quality related training and information appropriate to the type of work for which this organisation is likely to bid.
Question 4D.2 - A regularly reviewed documented policy regarding environmental management
Minimum: Question 4C.1.2 – Bidders will be required to be provide 3 examples that demonstrate that they have relevant experience to deliver the service as described in part II.2.4 of the Contract Notice and Appendix 1 of the ITT. Questions 4C.6 Must be FCA approved/Regulated Question 4C.7… - Technical & professional ability
Must be regulated by the FCA
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 50 of 100 points: a 10% discount moves about 5 points. This one is won on the number: sharpen the price before polishing the prose.
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
- 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
- Yes · May 2029
- First published
- 30 May 2024, 08:41 BST
- Last source update
- 22 Jan 2025, 14:21 GMT
- Award evaluation window
- 26 Sept 2024 – …
- Authority reference
CRM00019845- FTS notice number
2025/S 000-002205- Accelerated
- This is a re-tender of a previously published open tender which was advertised for the full duration required.
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-046c41Find a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
- Performance terms
Bidders must be able to provide an Account Representative, who will be the primary point of contact between the Bidder and the Council. Contract management and performance review provisions are further detailed below:
The Council will review the performance of the Services from time to time to ensure that they continue to meet the requirements of the Council. The quality of the Services shall be measured by the extent to which they accord with the standards and timescales included within the Specification and the Response and to accepted professional standards.
Routine Contract Performance meetings will take place between the Supplier and the Council every 3 months. The Account Representative will be required to attend these. The frequency of these meetings may be adjusted if required. Ad-hoc meetings may be convened by the council where considered necessary to ensure that the Service is performed in accordance with the statement of requirements and regulatory requirements.
Publisher note: The commercial evaluation took account of estimated interest generated by interest bearing accounts to be supplied as part of this contract. The contract value in this notice does not include this. (SC Ref:786330)
How it was run
Official notice- Submission deadline
- 26 Sept 2024, 14:30 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bid validity
- 120 days from the deadline
- Bids opened
- 26 Sept 2024, 14:30 BST
Timeline
26 Sept 2024 → 22 Jan 2025 · 3 dates- Submission deadline26 Sept 2024, 14:30 BST
- Bids opened26 Sept 2024, 14:30 BST
- Notice published22 Jan 2025, 14:21 GMT
Notice history
3 events · 4 releases on Find a Tender · since 11 Sept 2024- Deadline moved to 26 Sept 2024, 14:30 BST11 Sept 2024, 14:03 BST+87 days · was 1 Jul 2024, 12:00 BST
- Status changed to unsuccessful11 Sept 2024, 15:06 BST
- Status changed to complete22 Jan 2025, 14:21 GMT
Routine re-releases (4)
- 2024-05: 1 release · 30 May 2024
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Clydesdale Bank PLC | £1,032,779 † | — | Awarded |
1 further award records carry no date or value.
Contracts
Contract 002205-2025-CRN00019845-1 · Clydesdale Bank PLC
- Signed
- 19 Dec 2024
- Value
- £1,032,779
- 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 noticeConsortium members and other public bodies
- Aberdeen City CouncilContracting authority
- The Highland CouncilContracting authority
Dispute resolution & review bodies
- Aberdeen Sherriff courtReview body
Bidders & participating suppliers
1 commercial party on the notice- Clydesdale Bank PLCAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.