Banking Services
A Modification Notice
by LEEDS CITY COUNCIL - PACS
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 2 year
- Value
- £144K-£240K
- Sector
- BUSINESS
- Published
- 27 Feb 2024
- Delivery
- 01 Apr 2024 to 31 Mar 2026
- Deadline
- n/a
Concepts
Location
Leeds geographical area
2 buyers
- Leeds City Council Pacs Leeds
1 supplier
- Natwest Bank London
Description
Provision of Banking Services to the Council on an as and when required basis as set out in Schedule 1 of the contract.
Ammendments to Previous Notice
2. Contract value
GBP 270,000 240,000
Award Detail
| 1 | Natwest Bank (London)
|
CPV Codes
- 66110000 - Banking services
Indicators
- Contract modified due to additional needs.
Legal Justification
A change of provider would require significant amendments to the Council's Financial Management System. Currently, finance and IDS officer resources are deployed to the forthcoming implementation of a new financial system and given the financial challenges faced by the Council the scope for availability of further resources is severely constrained. There are a number of interdependences between the Banking Services provision and the new financial ledger which still require fully specifying and testing. To change provider at this stage, simultaneously with the implementation of the new financial ledger, would be uneconomical and technically unviable.
Reference
- FTS 006316-2024