Official UK procurement notice
RMCV 037 – Banking Services
Authority: Shropshire Council (Local council)
What is being bought
Published requirement descriptionThis is an award notice for a money transmission banking service to include the maintenance of bank accounts, Faster Payments, BACS and CHAPS transaction processing and other services associated with local authority banking arrangements. An internet banking service for balance/transaction reporting and payment initiation is also required.
The contract will be for an initial period of 5 years with the option to extend for a further 2 years.
- Recurrence: 7 years
CPV: Banking services
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£225,000
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 award criteria (3)
- Quality: 40
- Social Value: 10
- Price: 50
- Suitability
See tender documentation.
- Economic & financial standing
See tender documentation.
Minimum: See tender documentation. - Technical & professional ability
See tender documentation.
Minimum: See tender documentation. - Technical & professional ability
See tender documentation.
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 50 of 100 points: a 10% discount moves about 5 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
- Unspecified in notice
- Recurring procurement
- Yes · 7 years
- First published
- 4 Jul 2022, 13:37 BST
- Last source update
- 23 Feb 2023, 12:05 GMT
- Award evaluation window
- 1 Aug 2022 – …
- Authority reference
RMCV 037- FTS notice number
2023/S 000-005414- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-034d94Find a Tender
- Performance terms
See tender documentation.
Publisher note: To view this notice, please click here: <a href="https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=711866347" target="_blank">https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=711866347</a> GO Reference: GO-2023223-PRO-22192975
How it was run
Official notice- Submission deadline
- 1 Aug 2022, 12:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bids opened
- 1 Aug 2022, 12:00 BST
Timeline
1 Aug 2022 → 3 Apr 2023 · 4 dates- Submission deadline1 Aug 2022, 12:00 BST
- Bids opened1 Aug 2022, 12:00 BST
- Notice published23 Feb 2023, 12:05 GMT
- Contract starts3 Apr 2023, 00:00 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete23 Feb 2023, 12:05 GMT
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| National Westminster Bank PLC | £279,881 † | — | Awarded |
Contracts
Contract 005414-2023-1 · National Westminster Bank PLC
- Signed
- 19 Sept 2022
- Value
- £279,881
- Period
- … – 2 Apr 2030
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 3bids · 3 electronic | — | — | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- National Westminster Bank PlcAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.