Official UK procurement notice
CONTRACT FOR THE PROVISION OF BANKING SERVICES
Authority: Wyre Forest District Council (Local council)
What is being bought
Published requirement descriptionProvision to provide banking services
CPV: Banking services
The lotProcurement structure
single lot · value publishedLot #1Wyre Forest District Council (“the Council”) sought to appoint a Contractor to provide…AwardedRenewalPublished value£160,000
Wyre Forest District Council (“the Council”) sought to appoint a Contractor to provide banking services. The appointment was by way of competitive Tender via the open route.
The Council used the e-procurement portal known as the ProContract Due North (procontract.due-north.com ↗) to conduct this procurement exercise.
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 sub-criteria (5)
- Relationship Management: 15%
- Service Delivery & Query Resolution: 10%
- Implementation: 10%
- Cost: 60%
- Social Value: 5%
Published award criteria (5)
- Relationship Management: 15
- Service Delivery & Query Resolution: 10
- Implementation: 10
- Social Value: 5
- Cost: 60
- Price carries 60 of 100 points: a 10% discount moves about 6 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- 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
- 11 Oct 2021, 14:44 BST
- Last source update
- 31 May 2023, 13:16 BST
- Award evaluation window
- 12 Nov 2021 – …
- Authority reference
DN575254- FTS notice number
2023/S 000-015384- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02ea7bFind a Tender
How it was run
Official notice- Submission deadline
- 12 Nov 2021, 14:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bids opened
- 12 Nov 2021, 14:15 GMT
Timeline
12 Nov 2021 → 31 May 2023 · 4 dates- Submission deadline12 Nov 2021, 14:00 GMT
- Bids opened12 Nov 2021, 14:15 GMT
- Contract starts1 Apr 2022, 00:00 BST
- Notice published31 May 2023, 13:16 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete31 May 2023, 13:16 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Lloyds Banking Group | £110,119 † | — | Awarded |
Contracts
Contract 015384-2023-C2680-1 · Lloyds Banking Group
- Signed
- 23 Mar 2023
- Value
- £110,119
- Period
- … – 31 Mar 2030
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 2bids | 0 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- High CourtReview body
Bidders & participating suppliers
1 commercial party on the notice- Lloyds Banking GroupAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.