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Maidstone Borough Council - Corporate Banking and Merchant Services

Banking services
Financial and insurance services
South East (UKJ45)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Maidstone Borough Council: "Maidstone 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 AuthorityMaidstone 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: Maidstone Borough Council
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Maidstone 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
7.2Bids / Report
2.9% 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: 35 active published awards; 34 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 Unpublished data stays unknown.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 AuthorityMaidstone 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
Published25 Oct 2024, 14:25 BST
Last source update25 Oct 2024, 14:25 BST
Recurring procurementNot published
ClassificationBanking services, Financial and insurance services
Delivery area
South East (UKJ45)
OCIDocds-h6vhtk-048766
What is being bought
Maidstone Borough Council (MBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services). Contract Term: This contract term will be an initial 5-year term. The Council would reserve the right to extend this contract for a period of up to 60 months at the end of the initial 5-year contract term.
What changed
From the official release history
  1. Status changed to complete
    25 Oct 2024, 14:25 BST
  2. Official notice release published
    25 Oct 2024, 14:25 BST
  3. Submission deadline changed to published date
    25 Oct 2024, 14:25 BST
  4. Status changed to active
    2 Aug 2024, 16:39 BST
  5. Official notice release published
    2 Aug 2024, 16:39 BST
  6. Submission deadline changed to 30 Aug 2024, 12:30 BST
    2 Aug 2024, 16:39 BST
  7. Buyer information updated
    2 Aug 2024, 16:39 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Maidstone Borough Council (MBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services). Contract Term: This contract term will be an initial 5-year term. The Council would reserve the right to extend this contract for a period of up to 60 months at the end of the initial 5-year contract term.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    25 Oct 2024, 14:25 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 25 Oct 2024, 00:00 BST · Not published
Commercial outcome and competition
Awards
LLoyds Banking Group Plc
Not published · Not published · active
Contracts
Contract
Not published · signed 25 Oct 2024, 00:00 BST · active
Bid statistics
highestValidBidValue: 388600
lowestValidBidValue: 1
bids: 1 (lot 1)
electronicBids: 1 (lot 1)
highestValidBidValue: 388600 (lot 1)
lowestValidBidValue: 1 (lot 1)
Buyer and organisations in this procedure

Maidstone Borough Council

Contracting authority GB-FTS-8821
View buyer profile

  • Maidstone Borough Council
    buyer

    Maidstone House, Kings Street, Maidstone, UKJ45, ME15 6JQ
    louisa.coley@tunbridgewells.gov.uk
    +44 1892554189

  • LLoyds Banking Group Plc
    supplier

    3rd Floor, 25 Gresham Street, London, UKJ45, EC2V 7HN

  • Mid Kent Legal
    reviewBody

    Maidstone
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published