Procurement of Banking Services

A Tender Notice
by MILTON KEYNES COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
5 year
Value
£490K
Sector
BUSINESS
Published
05 Jan 2023
Delivery
To 11 Jan 2028 (est.)
Deadline
06 Feb 2023 12:00

Concepts

Location

Milton Keynes:

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

The Council is seeking to appoint a banking service provider to deliver day-to-day banking services and transactional facilities. This contract will also extend to Local Education Authority (LEA) maintained schools within Milton Keynes, the Council’s subsidiary organisation Milton Keynes Development Partnership LLP, and any other subsidiaries that may be later established. The Council proposes to enter a contract for an initial period of 5 years with the successful tenderer (Service Provider) with an option to extend for a further 2 years. The anticipated contract commencement date is 01 April 2023. Should this tender result in the appointment of a new Service Provider then, to ensure a smooth onboarding transition, the commencement date may be deferred subject to mutual agreement but shall commence no later than 01 October 2023.

Renewal Options

Option to extend for a period of 2 years

CPV Codes

  • 66100000 - Banking and investment services
  • 66110000 - Banking services

Indicators

  • This is a recurring contract.
  • Renewals are available.
  • Professional qualifications are sought.

Other Information

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

Reference

Domains