Official UK procurement notice
The Provision of Banking Services 2022
Authority: Dudley MBC
What is being bought
Published requirement descriptionTenders are invited for the provision of local expertise and cash management capabilities to deliver comprehensive banking services
CPV: Banking services
The lotProcurement structure
single lot · value publishedLot #1The provision of local expertise and cash management capabilities to deliver…AwardedRenewalPublished value£350,000
The provision of local expertise and cash management capabilities to deliver comprehensive banking services
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 (2)
- Quality: 40
- Price: 60
- Price carries 60 of 100 points: a 10% discount moves about 6 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
- Yes (GPA)
- Recurring procurement
- Yes
- First published
- 14 Sept 2022, 16:40 BST
- Last source update
- 3 Apr 2023, 12:43 BST
- Award evaluation window
- 14 Oct 2022 – …
- Authority reference
AH110- FTS notice number
2023/S 000-009645- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-036887Find a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
Publisher note: Please note that this is an award notice and the contract has been let to the Contractor detailed above.Expressions of interest in future contracts should be directed as in Section I. Supply chain opportunities should be sought directly with the awarded Contractor as detailed above.
How it was run
Official notice- Submission deadline
- 14 Oct 2022, 12:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bids opened
- 14 Oct 2022, 12:01 BST
Timeline
14 Oct 2022 → 3 Apr 2023 · 4 dates- Submission deadline14 Oct 2022, 12:00 BST
- Bids opened14 Oct 2022, 12:01 BST
- Contract starts1 Apr 2023, 00:00 BST
- Notice published3 Apr 2023, 12:43 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete3 Apr 2023, 12:43 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Lloyds Bank PlcThe provision of the Council’s banking services | — | — | Awarded |
Contracts
The provision of the Council’s banking services · Lloyds Bank Plc
- Signed
- 19 Dec 2022
- Value
- £286,400
- Period
- … – 31 Mar 2028
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 4bids · 4 electronic | 0 | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeOther public bodies
- European UnionFunder
Dispute resolution & review bodies
- Dudley Metropolitan Brough CouncilReview body
Bidders & participating suppliers
1 commercial party on the notice- Lloyds Bank PlcAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.