Find a TenderAwarded
Published 11 Aug 2022, 09:57 BST

Official UK procurement notice

IA2848 Banking Services · UK public procurement notice

Official notice

Authority: Cannock Chase District Council (Local council)·Consortium: 2 public authorities

ServicesOpen procedure
Published estimate£400,000exc. VAT
Submissions closed 23 Sept 2022awarded 8 Nov 2022
Awarded to Barclays Bank PLC

What is being bought

Published requirement description

Contract for the provision of banking Service for Cannock Chase District Council and

Stafford Borough Council

  • Recurrence: It is envisaged that contract advert notices for the next Contract may be placed within the next 14 years. This cannot be guaranteed.

CPV: Banking services

The lotProcurement structure

single lot · value published
Lot #1Contract for the provision of banking Service for Cannock Chase District Council and…AwardedRenewalPublished value£400,000

Contract for the provision of banking Service for Cannock Chase District Council and Stafford Borough Council to include:-

Bulk Cash and Cheque Deposits

Counter Deposits/Withdrawals

Cheque and Credit Books

The Participating Authorities will also require a secure internet/browser-based service that

(as a minimum) provides the following functionality:

  • Real time balance and transaction reporting
  • The ability to initiate Sterling CHAPS payments up to 3.45pm each working day.
  • The ability to initiate international payments
  • The ability to initiate single BACS and/or Faster payments and inter-account transfers.
Delivery: West Midlands · Staffordshire
Extensions: The Agreement term will be from 1st April 2023 to 31st March 2028, with an additional option to extend by 1st April 2028 to 31st March 2033 and 1st April 2033 to 31st March 2038 (5 + 5 + 5) · The Agreement term will be from 1st April 2023 to 31st March 2028, with an additional option to extend by 1st April 2028 to 31st March 2033 and 1st April 2033 to 31st March 2038 (5 + 5 + 5)Variant bids: not allowed

What it takes to win
i

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 more
How bids were scored
Quality: 40%Price: 60%
Published award criteria (2)
  • Quality: 40
  • Price: 60
Staff
Names and qualifications of delivery staff must be submitted
What this means for your bid
  • 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 · 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 · It is envisaged that contract advert notices for the next Contract may be placed within the next 14 years. This

cannot be guaranteed.

First published
11 Aug 2022, 09:57 BST
Last source update
8 Nov 2022, 09:28 GMT
Award evaluation window
23 Sept 2022 – …
Authority reference
DN1393
FTS notice number
2022/S 000-031502
Classification (CPV)
Banking services
Delivery area
West Midlands (UKG2)
Official registry OCID
ocds-h6vhtk-035adc Find a Tender

Publisher note: This is an electronic tender. All submission must be made via the formal Contracting Authority electronic tendering platform. All requests for information to be sent through the electronic tendering portal and message facility on the Proactis electronic tendering system. How to register - follow the link to Proactis electronic tendering: — https://supplierlive.proactisp2p.com/Account/Login If you require urgent assistance regarding the initial usage of the e-Tendering package please contact the Contracting Authority point-of-contact in Section I.1 of this notice. On failure to reach this contact, please immediately email the nature of the difficulty to [email protected] This procurement is for a Contract between the appointed provider and the Contracting Authority, to supply predominately services on an ad-hoc call-off basis, as and when required. The Contracting Authority or its public sector partners/Customers makes no guarantee as to the volume of business on offer or to be awarded, and any volumes given are indicative only and intended as a general guide. There is no commitment at the time of tendering from any parties outside of the Contracting Authority and this should be taken into consideration when bidding. Financing / Payment: — payments may be made following acceptance by the banking agents of Cannock Chase District Council and Stafford Borough Council Legal form of groups of providers: — no special legal form is required by the grouping of providers but each provider will be required to be come jointly or severally responsible for the contract before acceptance.

How it was run

Official notice
Run through: ProContract (Due North) · Who buys & how to bid on ProContract
Supplier login requiredLanguage: EN
Access & registration note: Free · short registration with manual review; public opportunity list
Submission deadline
23 Sept 2022, 12:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bid validity
120 days from the deadline
Bids opened
23 Sept 2022, 13:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

23 Sept 2022 → 8 Nov 2022 · 3 dates
  1. Submission deadline
    23 Sept 2022, 12:00 BST
  2. Bids opened
    23 Sept 2022, 13:00 BST
  3. Notice published
    8 Nov 2022, 09:28 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    8 Nov 2022, 09:28 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £400,0001 contract exc. VAT
Bids received 2
Contracts signed 1latest 8 Nov 2022
Awarded toValueDateStatus
Barclays Bank PLC£400,000 †—Awarded

Contracts

  • Contract 031502-2022-1 · Barclays Bank PLC

    Signed
    8 Nov 2022
    Value
    £400,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids · 2 electronic0——

Contracting authority & participating public bodies

2 public bodies on the notice

Cannock Chase District Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Civic Centre, Beecroft Road, Cannock, West Midlands, WS11 1BGContact name, email Published organisation website ↗

Consortium members and other public bodies

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria