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Official procurement procedure

Corporate Banking and Merchant Services

Banking services
Financial and insurance services
South East (UKJ46)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Tunbridge Wells Borough Council: "Corporate Banking and Merchant Services". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityTunbridge Wells Borough CouncilScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Tunbridge Wells Borough Council
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Tunbridge Wells Borough Council. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
4.4Bids / Report
9.5% 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: 22 active published awards; 21 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. Published-to-award variance 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 Unpublished data stays unknown.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 AuthorityTunbridge Wells Borough 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
Published19 Feb 2024, 15:16 GMT
Last source update19 Feb 2024, 15:16 GMT
Recurring procurementNot published
ClassificationBanking services, Financial and insurance services
Delivery area
South East (UKJ46)
OCIDocds-h6vhtk-040b2d
What is being bought
Tunbridge Wells Borough Council (TWBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services).
What changed
From the official release history
  1. Status changed to complete
    19 Feb 2024, 15:16 GMT
  2. Official notice release published
    19 Feb 2024, 15:16 GMT
  3. Submission deadline changed to published date
    19 Feb 2024, 15:16 GMT
  4. Status changed to active
    11 Oct 2023, 16:32 BST
  5. Official notice release published
    11 Oct 2023, 16:32 BST
  6. Submission deadline changed to 8 Nov 2023, 12:00 GMT
    11 Oct 2023, 16:32 BST
  7. Buyer information updated
    11 Oct 2023, 16:32 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Tunbridge Wells Borough Council (TWBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services).
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    19 Feb 2024, 15:16 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 19 Feb 2024, 00:00 GMT · Not published
Commercial outcome and competition
Awards
Lloyds Banking Group PLC
Not published · Not published · active
Contracts
Contract
Not published · signed 19 Feb 2024, 00:00 GMT · active
Bid statistics
highestValidBidValue: 1000000
lowestValidBidValue: 474970
bids: 1 (lot 1)
electronicBids: 1 (lot 1)
highestValidBidValue: 1000000 (lot 1)
lowestValidBidValue: 474970 (lot 1)
Buyer and organisations in this procedure

Tunbridge Wells Borough Council

Contracting authority GB-FTS-3686
View buyer profile

  • Tunbridge Wells Borough Council
    buyer

    Town Hall, Tunbridge Wells, UKJ46, TN1 1RS
    louisa.coley@tunbridgewells.gov.uk
    +44 1892526121

  • Lloyds Banking Group PLC
    supplier

    125 Colmore Row, Birmingham, West Midlands, UKJ46, B3 3SF

  • Mid Kent Legal
    reviewBody

    Town Hall, Tunbridge Wells, TN1 1RS
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published