Find a TenderAwarded
Published 12 Jun 2023, 17:24 BST

Official UK procurement notice

Provision of Banking Services

Official notice

Authority: Rotherham Metropolitan Borough Council (Local council)

ServicesOpen procedure
Awarded value£500,000published contract · exc. VAT
Submissions closed 13 Jul 2023awarded 26 Feb 2025
Awarded to Lloyds Bank Plc

What is being bought

Published requirement description

Rotherham Metropolitan Borough Council’s current banking contract is due to expire on 30th September 2023. Tenders are invited for the provision of banking services to include the maintenance of bank accounts, cash and cheque handling, BACS, CHAPS and Faster Payments processing and other money transmission services associated with local authority banking arrangements. The Council will also require an internet banking service for balance/transaction reporting and payment initiation.

CPV: Banking services

The lotProcurement structure

single lot · no lot value published
Lot #1AwardedRenewal
Delivery: Yorkshire & Humber · Rotherham
Extensions: Option to extend for up to an additional 60 months.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: 40%Social value: 20%
Published sub-criteria (3)
  • Method Statement Questions: 40%
  • price: 40%
  • Social Value: 20%
Published award criteria (3)
  • Method Statement Questions: 40
  • Social Value: 20
  • Price: 40
What this means for your bid
  • Price carries 40 of 100 points: a 10% discount moves about 4 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
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
No (one-off requirement)
First published
12 Jun 2023, 17:24 BST
Last source update
15 Apr 2025, 12:51 BST
Award evaluation window
13 Jul 2023 – …
Authority reference
21-278
FTS notice number
2025/S 000-015226
Classification (CPV)
Banking services
Delivery area
Yorkshire & Humber (UKE31)
Official registry OCID
ocds-h6vhtk-03d59d Find a Tender
Review and risk notes
Review procedure

Precise information on deadline(s) for lodging appeals: The Contracting Authority will incorporate a minimum 10 calendar day standstill period at the point information on the award of the Contract is communicated to tenderers. Applicants who are unsuccessful shall be informed by the Contracting Authority as soon as possible after the decision has been made as to the reasons why the applicant was unsuccessful. If an appeal regarding the award of the contract has not been successfully resolved, the Public Contracts Regulations 2015 (as amended) provide for aggrieved parties who have been harmed or are at risk of harm by breach of the rules to take legal action. Any such action must be brought within the applicable limitation period. Where a contract has not been entered into, the Court may order the setting aside of the award decision or order the Contracting Authority to amend any document and may award damages. If the Contract has been entered into, the Court may, depending on the circumstances, award damages, make a declaration of ineffectiveness, order the Contracting Authority to pay a fine, and/or order that the duration of the Contract be shortened. The purpose of the standstill period referred to above is to allow the parties to apply to the Courts to set aside the award decision before the contract is entered into.

How it was run

Official notice
Run through: EU-Supply (CTM) · Who buys & how to bid on EU-Supply
Public notice page · account needed to bidLanguage: EN
Access & registration note: Free · 5–10 minutes
Submission deadline
13 Jul 2023, 12:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
13 Jul 2023, 12:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

13 Jul 2023 → 15 Apr 2025 · 3 dates
  1. Submission deadline
    13 Jul 2023, 12:00 BST
  2. Bids opened
    13 Jul 2023, 12:00 BST
  3. Notice published
    15 Apr 2025, 12:51 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    15 Apr 2025, 12:51 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £500,0001 contract exc. VAT
Bids received 2
Contracts signed 1latest 26 Feb 2025
Awarded toValueDateStatus
Lloyds Bank Plc£500,000 †—Awarded

Contracts

  • Provision of Banking Services · Lloyds Bank Plc

    Signed
    26 Feb 2025
    Value
    £500,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids · 2 electronic———

Contracting authority & participating public bodies

Rotherham Metropolitan Borough Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services GB173552264 Riverside House, Main Street, Rotherham, Yorkshire & Humber, S60 1AEContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • High CourtMediation body London

Bidders & participating suppliers

1 commercial party on the notice
  • Lloyds BankAwarded supplierGB244155576 25 Greshame Street, London, London, EC2V 7HNContact email

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