Corporate Banking and Merchant Services

A Tender Notice
by TUNBRIDGE WELLS BOROUGH COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
5 year
Value
___
Sector
BUSINESS
Published
24 Nov 2021
Delivery
To 12 Dec 2026 (est.)
Deadline
07 Jan 2022 12:00

Concepts

Location

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

Tunbridge Wells Borough Council (TWBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services).

Total Quantity or Scope

Currently, both our Corporate Banking and Merchant services are provided by Lloyds bank. The current service handles work to a value of £67,000.00 per annum. The volumes of card transactions have increased significantly due to the Covid-19 pandemic. The council is now almost cashless and intends for this to continue as there have been issues with cash collection from parking machines and council sites.

Renewal Options

Option to extend the contract by up to 60 months following the initial 60 month contract period

CPV Codes

  • 66110000 - Banking services

Indicators

  • This is a one-off contract (no recurrence)
  • Renewals are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains