IA2848 Banking Services

Concepts

• banking services
• provision of banking service for cannock chase district council
• stafford
• cannock
• stafford borough council
• ia2848 banking services
• provision of banking service
• participating authorities
• bulk cash
• real time balance

Location

Staffordshire

Description

Contract for the provision of banking Service for Cannock Chase District Council and Stafford Borough Council

Total Quantity or Scope

Contract for the provision of banking Service for Cannock Chase District Council and Stafford Borough Council to include:- Bulk Cash and Cheque Deposits Counter Deposits/Withdrawals Cheque and Credit Books The Participating Authorities will also require a secure internet/browser-based service that (as a minimum) provides the following functionality: • Real time balance and transaction reporting • The ability to initiate Sterling CHAPS payments up to 3.45pm each working day. • The ability to initiate international payments • The ability to initiate single BACS and/or Faster payments and inter-account transfers.

Renewal Options

The Agreement term will be from 1st April 2023 to 31st March 2028, with an additional option to extend by 1st April 2028 to 31st March 2033 and 1st April 2033 to 31st March 2038 (5 + 5 + 5)

Award Criteria

CPV Codes

• 66110000 - Banking services

Indicators

• This is a recurring contract.
• Options are available.
• Renewals are available.
• Staff qualifications are relevant.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** This is an electronic tender. All submission must be made via the formal Contracting Authority electronic tendering platform. All requests for information to be sent through the electronic tendering portal and message facility on the Proactis electronic tendering system. How to register - follow the link to Proactis electronic tendering: — https://supplierlive.proactisp2p.com/Account/Login If you require urgent assistance regarding the initial usage of the e-Tendering package please contact the Contracting Authority point-of-contact in Section I.1 of this notice. On failure to reach this contact, please immediately email the nature of the difficulty to commercial.team@staffordshire.gov.uk This procurement is for a Contract between the appointed provider and the Contracting Authority, to supply predominately services on an ad-hoc call-off basis, as and when required. The Contracting Authority or its public sector partners/Customers makes no guarantee as to the volume of business on offer or to be awarded, and any volumes given are indicative only and intended as a general guide. There is no commitment at the time of tendering from any parties outside of the Contracting Authority and this should be taken into consideration when bidding. Financing / Payment: — payments may be made following acceptance by the banking agents of Cannock Chase District Council and Stafford Borough Council Legal form of groups of providers: — no special legal form is required by the grouping of providers but each provider will be required to be come jointly or severally responsible for the contract before acceptance.