Official UK procurement notice
Provision of Banking Services
Authority: East Renfrewshire Council (Local council)
What is being bought
Published requirement descriptionEast Renfrewshire Council is currently inviting tenders, from suitably qualified companies for the supply of the following requirements. Provision of Banking Services for both the council and East Renfrewshire Cultural & Leisure Trust (ERCL) . The Council is aware that the banking sector is consistently developing its services. The flexibility to enjoy the benefits of any developments would be expected from the successful tender
The Council utilises a range of transactions, the main types are as follows;
Auto Credits to Accounts
Auto Debits to Accounts
Manual Credits
Manual Debits
Cheques Remitted
Cash Handled
CHAPS Payments Out
Stopped Cheques
Salary Recalls
Unpaid Cheques Received
BACSTEL-IP Transactions
International Currency Payments
- Recurrence: Sept 2030 once the 60 months + 3 x 12 extension periods
CPV: Banking services
The lotProcurement structure
single lot · value publishedLot #1RenewalPublished value£150,000
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 (19)
- COMMUNITY BENEFITS: 5
- FAIR WORKING PRACTICES: 5
- CASH WITHDRAWALS CHEQUE ENCASHMENTS, PROCESSES: 5
- STATEMENTS PROVISION OF PAID CHEQUES: 5
- ELECTRONIC INTERNET BANKING: 5
- RECONCILIATION DATA POOLED BANK ACCOUNTS: 5
- CASH MANAGEMENT INTEREST ARRANGMENTS: 5
- BACS CHAPS and CREDIT FACILITY: 5
- OVERDRAFT FACILITIES: 5
- VOUCHER ENQUIRY SCREEN: 5
- BANKING DIFFERENCES PREPARATION OF BANKING: 5
- AUTHORISED SIGNATORIES: 5
- FRAUD: 5
- SERVICE QUALITY: 10
- CONTRACT TRANSFER IMPLEMENTATION: 10
- EXTERNAL AUDIT: 5
- EXIT PLAN: 5
- price: 60
- HEALTH and SOCIAL CARE CLIENT ACCOUNTS: 5
Published award criteria (19)
- COMMUNITY BENEFITS: 5
- FAIR WORKING PRACTICES: 5
- CASH WITHDRAWALS CHEQUE ENCASHMENTS, PROCESSES: 5
- STATEMENTS PROVISION OF PAID CHEQUES: 5
- ELECTRONIC INTERNET BANKING: 5
- RECONCILIATION DATA POOLED BANK ACCOUNTS: 5
- CASH MANAGEMENT INTEREST ARRANGMENTS: 5
- BACS CHAPS and CREDIT FACILITY: 5
- OVERDRAFT FACILITIES: 5
- VOUCHER ENQUIRY SCREEN: 5
- BANKING DIFFERENCES PREPARATION OF BANKING: 5
- AUTHORISED SIGNATORIES: 5
- FRAUD: 5
- SERVICE QUALITY: 10
- CONTRACT TRANSFER IMPLEMENTATION: 10
- EXTERNAL AUDIT: 5
- HEALTH and SOCIAL CARE CLIENT ACCOUNTS: 5
- EXIT PLAN: 5
- Price: 60
- Suitability
Companies are required to be authorised by Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
- Condition of participationno text publishedMinimum: To establish the financial standing of a bidder, the Council will: Take into account a risk report provided independently by Creditsafe. Within such reports, the risk of business failure is expressed as a score ranging from 1 -100. In the event that a company is determined to h…
- Technical & professional ability
Previous Experience
Minimum level(s) of standards required:
Bidders will be required to provide 3 examples of similar services carried out in the past three years that demonstrate that they have the relevant experience to deliver the work as described in part II.2.4 of this Contract Notice and within all tender documents. The examples provided must be of a similar value, size and scope.
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 60 of 160 points: a 10% discount moves about 6 points. The method statement decides this lot, not the discount.
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
- Closed
- 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 · Sept 2030 once the 60 months + 3 x 12 extension periods
- First published
- 28 Jul 2022, 11:38 BST
- Last source update
- 28 Jul 2022, 11:38 BST
- Award evaluation window
- 29 Aug 2022 – …
- Authority reference
ERC000060- FTS notice number
2022/S 000-020594- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-0356d7Find a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
Publisher note: Bidders should note that all questions relevant to this exercise should be posted using the Message Board facility for this project. Please ensure that all documentation is read thoroughly. Please note that the dates on this notice are indicative and subject to change. All values indicated are indicative figure only and no guarantee is given with regard to the Council’s overall uptake of any resulting contract. Bidders are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time and date to avoid any last minute problems. East Renfrewshire Council reserves the right inline with Regulation 72 of the Public Contracts (Scotland) Regulations 2015, to modified any awarded contract without a new procurement procedure. Bidders should note that all questions relevant to this exercise should be posted using the Message Board facility for this project. Please ensure that all documentation is read thoroughly. Please note that the dates on this notice are indicative and subject to change. All values indicated are indicative figure only and no guarantee is given with regard to the Council’s overall uptake of any resulting contract. Bidders are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time and date to avoid any last minute problems. East Renfrewshire Council reserves the right inline with Regulation 72 of the Public Contracts (Scotland) Regulations 2015, to modified any awarded contract without a new procurement procedure. The buyer is using PCS-Tender to conduct this ITT exercise. The Project code is 19881. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 Community benefits are included in this requirement. For more information see: https://www.gov.scot/policies/public-sector-procurement/community-benefits-in-procurement/ A summary of the expected community benefits has been provided as follows: Bidders responding to this opportunity will be required to confirm their compliance with the following in order for their bid to be considered further. Should you advise that you are unwilling to confirm compliance your bid will be removed from this exercise without further consultation? East Renfrewshire Council is committed to maximising community benefits, Community benefits improve the economic, social or environmental wellbeing of the area. Under this contract the successful supplier will be requested to support East Renfrewshire Council’s economic, environmental and social regeneration objectives to achieve benefits for our identified beneficiary hierarchy. Tier 1. Targeted recruitment and training for priority employability groups. Tier 2. Work experience placements for the same target groups. Tier 3. Curriculum support for schools and those on employability pathways. Tier 4. Community Enhancement for community groups and projects. Tier 5. Small and Medium Enterprises and Social Enterprise Organisations supply chain support. If you are successful in the award of this contract you will be required to communicate / meet with East Renfrewshire Council to finalise the delivery of the benefits that you are offering under this contract. Based on the estimated value and term of contract being offered the Council expects you to meet a minimum of 50 Community Benefits points. Please note there is no limit to the Community Benefits that a Bidder may offer and the total Community Benefit Points for these may exceed the stated expectation. (SC Ref:701059)
How it was run
Official notice- Submission deadline
- 29 Aug 2022, 12:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 29 Aug 2022, 12:00 BST
Timeline
28 Jul 2022 → 29 Aug 2022 · 3 dates- Notice published28 Jul 2022, 11:38 BST
- Submission deadline29 Aug 2022, 12:00 BST
- Bids opened29 Aug 2022, 12:00 BST
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Paisley Sheriff Court and Justice of the Peace CourtReview body
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.