Official UK procurement notice
Wakefield Council Banking Services
Authority: Wakefield Council (Local council)·Consortium: 2 public authorities
What is being bought
Published requirement descriptionThe contract for Banking Services is due to expire at the end of September 2021. Therefore, The Council is seeking to re-procuring this contract to provide a cost effective solution to meet the Council’s on-going requirements for the provision of Banking Services.
The initial contract will be for 5 years with the option to extend for a further 2 years
Estimated value for the contract for the 7 years based on current activity is £325,000
CPV: Financial and insurance services
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£325,000
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 (2)
- Price is not the only award criterion and all criteria are stated only in the procurement documents: 65
- price: 55
Published award criteria (2)
- Price is not the only award criterion and all criteria are stated only in the procurement documents: 65
- Price: 55
- Suitability
as detailed in the tender documentation, full unrestricted access via (URL) www.yortender.co.uk ↗
- Price carries 120 of 120 points: a 10% discount moves about 12 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
- No (one-off requirement)
- First published
- 7 Jun 2021, 14:54 BST
- Last source update
- 28 Sept 2021, 18:10 BST
- Award evaluation window
- 9 Jul 2021 – …
- Authority reference
DN548336- FTS notice number
2021/S 000-024139- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02b8faFind a Tender
- Performance terms
as detailed in the tender documentation, full unrestricted access via (URL) www.yortender.co.uk ↗
- Review procedure
The Council will incorporate a minimum 10 calendar day standstill period at the point when information on the award of the contract is communicated to tenderers. If an appeal regarding the award of a contract has not been successfully resolved the Public Contracts Regulations 2015 (SI 2015/102) provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern Ireland).
Publisher note: The tender documents are available from the YORtender website www.yortender.co.uk with reference DN548336. For support with registration on the YORtender website or if you are having difficulties accessingthe documents through YORtender, please contact the YORtender helpdesk on 0330 005 0352 or [email protected]. The successful supplier may be required to participate in the achievement of community wellbeing and positive outcomes for its customers as well as promotion and achievement of social and economic growth and environmental and sustainability policy objectives where this is required by the Contracting Authority in the contract documentation.
How it was run
Official notice- Submission deadline
- 9 Jul 2021, 12:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bids opened
- 9 Jul 2021, 12:00 BST
Timeline
9 Jul 2021 → 28 Sept 2021 · 3 dates- Submission deadline9 Jul 2021, 12:00 BST
- Bids opened9 Jul 2021, 12:00 BST
- Notice published28 Sept 2021, 18:10 BST
Notice history
2 events · 2 releases on Find a Tender · since 28 Sept 2021- Status changed to complete28 Sept 2021, 18:10 BST
- Buyer details updated28 Sept 2021, 18:10 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Barclays Bank PLC | £325,500 † | — | Awarded |
Contracts
Contract 024139-2021-1 · Barclays Bank PLC
- Signed
- 28 Sept 2021
- Value
- £325,500
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 3bids | — | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeConsortium members and other public bodies
- The Council of The City of WakefieldContracting authorityRegional or local authorityGeneral public services
Bidders & participating suppliers
1 commercial party on the notice- Barclays Bank PLCAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria