R5798 Banking Service

A Tender Notice
by TOWER HAMLETS

Source
Contracts Finder
Type
Contract (Services)
Duration
5 year
Value
£175K
Sector
BUSINESS
Published
18 Aug 2022
Delivery
01 Apr 2023 to 31 Mar 2028
Deadline
19 Sep 2022 23:59

Concepts

Location

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

Banking services for London Borough of Tower Hamlets. To procure a cost effective banking contract which will include the operation of bank accounts, cash/cheque handling and automated payments and receipts (i.e. BACS, Faster Payments, CHAPS).   An internet banking service (for payment initiation and balance/transaction reporting) will also be required. In recent years bank have been increasing pricing for local authority contracts so it unlikely that direct cost savings will be secured.  However, the procurement process will allow the Council to review banking related processes and may present the opportunity to make internal efficiency savings. To Tender: a) Go to https://procontract.due-north.com/Opportunities b) Register, c) Search for tender opportunity "R5798 Banking Service",

CPV Codes

  • 66110000 - Banking services

Other Information

d) Express an interest, You will be required to register on the portal to bid.

Reference

Domains