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AwardedFind a Tender · award

Corporate Banking Services

Buyer: London Borough of Croydon →

BuyerLondon Borough of Croydon
StatusAwarded
DeadlineNot published
ValueValue not published
Published19 Sept 2025

What is being bought

The London Borough of Croydon seeks to reprocure its Corporate Banking Services contract. The incumbent supplier was invited to tender for this service as a call-off from the NEPO531 General Banking Services framework for a term contract of 8 years, effective from the 1st of April 2025 to the 31st of March 2033.

Delivery location

UKI

Categories

Banking services 66110000Banking and investment services 66100000

Lot details

Lot 1

The procurement is a direct award via a call-off from the NEPO531 General Banking Services framework.

Statuscancelled

Award criteria
20 — 20
Social Value — 10
price — 70

What is included

ItemCategoryQuantity
1Banking servicesNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 66. The category anchor is Banking services (66110000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 661,5973 median · 18 average (596 of 1,597 with a bid count)2.2 average (676 of 1,597 with named award suppliers)Not published
Same buyer0Not publishedNot publishedNot published
Delivery region: UKI1262 median · 14.1 average (43 of 126 with a bid count)2.9 average (47 of 126 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNEPO531 General Banking Services framework is PCR 2015 compliant and allows for direct award to pre-qualified suppliers as a call-off contract without prior publication of a call for competition.
Rationale classificationsThe procurement falls outside the scope of application of the directive
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

Contracts

Corporate Banking Services

Statusactive
Value£535,000

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-059e15
Latest release ID058090-2025
Latest release timestampFri Sep 19 2025 11:21:13 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statuscomplete
Procurement methodlimited
Procurement method detailsAward procedure without prior publication of a call for competition
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release1
Contracts in latest release1
Parties in latest release3

Notice history

DateEventReference
19 Sept 2025award, contract058090-2025

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
{
  "id": "058090-2025",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 1,
        "measure": "bids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2025-09-19T12:21:13+01:00",
  "ocid": "ocds-h6vhtk-059e15",
  "buyer": {
    "id": "GB-FTS-141850",
    "name": "London Borough of Croydon"
  },
  "awards": [
    {
      "id": "058090-2025-LBC/TN/414-1",
      "title": "Corporate Banking Services",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-929027",
          "name": "National Westminster Bank Plc"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "LBC/TN/414",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "hasOptions": false,
        "description": "The procurement is a direct award via a call-off from the NEPO531 General Banking Services framework.",
        "awardCriteria": {
          "criteria": [
            {
              "name": "20",
              "type": "quality",
              "description": "20"
            },
            {
              "name": "Social Value",
              "type": "quality",
              "description": "10"
            },
            {
              "type": "price",
              "description": "70"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UKI"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66110000",
            "scheme": "CPV",
            "description": "Banking services"
          }
        ]
      }
    ],
    "title": "Corporate Banking Services",
    "status": "complete",
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "The London Borough of Croydon seeks to reprocure its Corporate Banking Services contract. The incumbent supplier was invited to tender for this service as a call-off from the NEPO531 General Banking Services framework for a term contract of 8 years, effective from the 1st of April 2025 to the 31st of March 2033.",
    "classification": {
      "id": "66100000",
      "scheme": "CPV",
      "description": "Banking and investment services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "NEPO531 General Banking Services framework is PCR 2015 compliant and allows for direct award to pre-qualified suppliers as a call-off contract without prior publication of a call for competition.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_OUTSIDE_SCOPE",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "The procurement falls outside the scope of application of the directive"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-FTS-141850",
      "name": "London Borough of Croydon",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI",
        "locality": "Croydon",
        "postalCode": "CR01EA",
        "countryName": "United Kingdom",
        "streetAddress": "Bernard Wetherill House, Fell Road"
      },
      "details": {
        "url": "https://www.croydon.gov.uk/",
        "classifications": [
          {
            "id": "REGIONAL_AUTHORITY",
            "scheme": "TED_CA_TYPE",
            "description": "Regional or local authority"
          },
          {
            "id": "01",
            "scheme": "COFOG",
            "description": "General public services"
          }
        ]
      },
      "identifier": {
        "legalName": "London Borough of Croydon",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "name": "Jacob Aghedo",
        "email": "jacob.aghedo@croydon.gov.uk",
        "telephone": "+44 2087266000"
      }
    },
    {
      "id": "GB-COH-929027",
      "name": "National Westminster Bank Plc",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "postalCode": "EC2M 4AA",
        "countryName": "United Kingdom",
        "streetAddress": "250 Bishopsgate"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "id": "929027",
        "scheme": "GB-COH",
        "legalName": "National Westminster Bank Plc"
      }
    },
    {
      "id": "GB-FTS-954",
      "name": "High Court of England",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "High Court of England"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "058090-2025-LBC/TN/414-1",
      "title": "Corporate Banking Services",
      "value": {
        "amount": 535000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "058090-2025-LBC/TN/414-1",
      "dateSigned": "2025-04-01T00:00:00+01:00"
    }
  ],
  "initiationType": "tender"
}
Complete JSON history (1 releases)
19 Sept 2025 · 058090-2025 · award, contract
{
  "id": "058090-2025",
  "tag": [
    "award",
    "contract"
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "value": 1,
        "measure": "bids",
        "relatedLot": "1"
      }
    ]
  },
  "date": "2025-09-19T12:21:13+01:00",
  "ocid": "ocds-h6vhtk-059e15",
  "buyer": {
    "id": "GB-FTS-141850",
    "name": "London Borough of Croydon"
  },
  "awards": [
    {
      "id": "058090-2025-LBC/TN/414-1",
      "title": "Corporate Banking Services",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-929027",
          "name": "National Westminster Bank Plc"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "LBC/TN/414",
    "lots": [
      {
        "id": "1",
        "status": "cancelled",
        "hasOptions": false,
        "description": "The procurement is a direct award via a call-off from the NEPO531 General Banking Services framework.",
        "awardCriteria": {
          "criteria": [
            {
              "name": "20",
              "type": "quality",
              "description": "20"
            },
            {
              "name": "Social Value",
              "type": "quality",
              "description": "10"
            },
            {
              "type": "price",
              "description": "70"
            }
          ]
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UKI"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66110000",
            "scheme": "CPV",
            "description": "Banking services"
          }
        ]
      }
    ],
    "title": "Corporate Banking Services",
    "status": "complete",
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "The London Borough of Croydon seeks to reprocure its Corporate Banking Services contract. The incumbent supplier was invited to tender for this service as a call-off from the NEPO531 General Banking Services framework for a term contract of 8 years, effective from the 1st of April 2025 to the 31st of March 2033.",
    "classification": {
      "id": "66100000",
      "scheme": "CPV",
      "description": "Banking and investment services"
    },
    "procurementMethod": "limited",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "NEPO531 General Banking Services framework is PCR 2015 compliant and allows for direct award to pre-qualified suppliers as a call-off contract without prior publication of a call for competition.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "D_OUTSIDE_SCOPE",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
        "description": "The procurement falls outside the scope of application of the directive"
      }
    ]
  },
  "parties": [
    {
      "id": "GB-FTS-141850",
      "name": "London Borough of Croydon",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI",
        "locality": "Croydon",
        "postalCode": "CR01EA",
        "countryName": "United Kingdom",
        "streetAddress": "Bernard Wetherill House, Fell Road"
      },
      "details": {
        "url": "https://www.croydon.gov.uk/",
        "classifications": [
          {
            "id": "REGIONAL_AUTHORITY",
            "scheme": "TED_CA_TYPE",
            "description": "Regional or local authority"
          },
          {
            "id": "01",
            "scheme": "COFOG",
            "description": "General public services"
          }
        ]
      },
      "identifier": {
        "legalName": "London Borough of Croydon",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "name": "Jacob Aghedo",
        "email": "jacob.aghedo@croydon.gov.uk",
        "telephone": "+44 2087266000"
      }
    },
    {
      "id": "GB-COH-929027",
      "name": "National Westminster Bank Plc",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "postalCode": "EC2M 4AA",
        "countryName": "United Kingdom",
        "streetAddress": "250 Bishopsgate"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "id": "929027",
        "scheme": "GB-COH",
        "legalName": "National Westminster Bank Plc"
      }
    },
    {
      "id": "GB-FTS-954",
      "name": "High Court of England",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "High Court of England"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "058090-2025-LBC/TN/414-1",
      "title": "Corporate Banking Services",
      "value": {
        "amount": 535000,
        "currency": "GBP"
      },
      "status": "active",
      "awardID": "058090-2025-LBC/TN/414-1",
      "dateSigned": "2025-04-01T00:00:00+01:00"
    }
  ],
  "initiationType": "tender"
}