IA2848 Banking Services

A Contract Award Notice
by CANNOCK CHASE DISTRICT COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£400K
Sector
BUSINESS
Published
08 Nov 2022
Delivery
not specified
Deadline
n/a

Concepts

Location

Staffordshire

Geochart for 2 buyers and 1 suppliers

2 buyers

1 supplier

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.

Award Detail

1 Barclays Bank (London)
  • Reference: 031502-2022-1
  • Value: £400,000

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

Quality 40
price 60

CPV Codes

  • 66110000 - Banking services

Indicators

  • Options are available.

Other Information

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

Reference

Domains