Official UK procurement notice
Provision of Banking Services
Authority: Rotherham Metropolitan Borough Council (Local council)
What is being bought
Published requirement descriptionRotherham 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 publishedLot #1AwardedRenewal
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 (3)
- Method Statement Questions: 40%
- price: 40%
- Social Value: 20%
Published award criteria (3)
- Method Statement Questions: 40
- Social Value: 20
- Price: 40
- 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)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03d59dFind a Tender
- 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- Submission deadline
- 13 Jul 2023, 12:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bids opened
- 13 Jul 2023, 12:00 BST
Timeline
13 Jul 2023 → 15 Apr 2025 · 3 dates- Submission deadline13 Jul 2023, 12:00 BST
- Bids opened13 Jul 2023, 12:00 BST
- Notice published15 Apr 2025, 12:51 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete15 Apr 2025, 12:51 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| 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
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 2bids · 2 electronic | — | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- High CourtMediation body
Bidders & participating suppliers
1 commercial party on the notice- Lloyds BankAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria