Official UK procurement notice
Banking Services Framework (2022-2026)
Authority: Scottish Government (Central government)
What is being bought
Published requirement descriptionThe Scottish Ministers have awarded a Framework Agreement for the provision of Banking Services.
The Framework Agreement shall provide comprehensive Banking Services to public bodies across the Scottish Public Sector. The requirement will be delivered by a single supplier.
The framework agreement will be available for use by the Scottish Ministers (including Agencies), Scottish Non-Departmental Public Bodies, offices in the Scottish Administration which are not ministerial offices, cross-border public authorities within the meaning of section 88(5) of the Scotland Act 1998, The Office for the Secretary of State for Scotland, the Scottish Parliamentary Corporate Body, councils constituted under section 2 of the Local Government etc. (Scotland) Act 1994, bodies registered as social landlords under the Housing (Scotland) Act 2001, Scottish health boards or special health boards, Student Loans Company Limited, the Commissioner of Northern Lighthouse operating as the Northern Lighthouse Board, Scottish Futures Trust, Equality and Human Rights Commission, Business Stream Ltd, the Business Gateway National Unit at the Convention of Scottish Local Authorities, further or higher education institutions being fundable bodies within the meaning of section 6 of the further and Higher Education (Scotland) Act 2005, any public body established by or under the Scotland Act 1998 or any Act of the Scottish Parliament, any association of or formed by one or more of the foregoing, bodies financed wholly or mainly by one or more of the foregoing, bodies subject to management supervision by one or more of the foregoing and bodies more than half of the board of directors or members of which, or, in the case of a group of individuals, more than half of those individuals, being appointed by one or more of the foregoing. In addition to the contracting authorities listed, the framework agreement will be available to charities entered on the Scottish Charity Register and voluntary organisations entered on the Membership Database of the Scottish Council for Voluntary Organisations.
Information about agencies of the Scottish Ministers, Scottish Non-Departmental Public Bodies and offices in the Scottish Administration which are not ministerial offices are listed at
www.scotland.gov.uk/Topics/Government/pu… ↗
Overview of the governance structure of public procurement for Scotland, including the Public Procurement Group.
- Recurrence: Within 4 years.
CPV: Banking services
How this framework works
From the published notice- Places
- up to 1 suppliers · 2 bids received (2.0 per place) · 1 appointed (full)
The lotProcurement structure
single lot · no lot value publishedLot #1This Framework Agreement is for the provision of comprehensive Banking Services to…Awarded
This Framework Agreement is for the provision of comprehensive Banking Services to public bodies across the Scottish Public Sector. The scope of requirements includes, but is not limited to, Bank Accounts, CHAPS, Faster Payments, Foreign Payments, BACS, Digital Imaging, Cash Withdrawals, Cheques, Debit Cards, Night Safe Facilities, Project Bank Accounts; Branch Networks (or alternative arrangements), Electronic and Internet Banking. Additional information: Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 58 of the Public Contracts (Scotland) Regulations 2015.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published award criteria (2)
- Quality: 60
- Price: 40
- Suitability
This section refers to Section A of Part 4 of the SPD (Scotland) and covers Questions 4A.1 and 4A.2.
Statement for 4A.1 and 4A.2:
Bidders must be authorised by the Prudential Regulation Authority (PRA).
Bidders must be regulated by the Financial Conduct Authority (FCA).
- Economic & financial standing
This Section refers to Section B of Part 4 of the SPD (Scotland) and covers Questions 4B.5.1 and 4B.5.2.
It is a requirement of the Framework that Bidders hold or can commit to obtain prior to the commencement of the Framework the types and minimum level of insurance indicated below:
Employers Liability Insurance: in accordance with any legal obligation for the time being in force;
Public Liability Insurance: in the sum of not less than 1 million GBP;
Professional Indemnity Insurance: in the sum of not less than 2 million GBP.
Bidders must provide a separate SPD response from entities upon whose capability / capacity they rely on in order to meet any selection criteria including Economic and Financial standing.
- Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.
- “Banking Services Framework (2022-2026)” is a framework: the contest is a place on its panel, up to 1 suppliers, not a single contract.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Framework agreement
- Who may use this agreement
- Not stated in the notice; call-off rights may be limited to the establishing authority
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Yes · Within 4 years.
- First published
- 4 Aug 2021, 16:45 BST
- Last source update
- 22 Aug 2022, 12:47 BST
- Award evaluation window
- 24 Mar 2022 – …
- Authority reference
SP-21-037- FTS notice number
2022/S 000-023268- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02d0e7Find a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
- Review procedure
An economic operator that suffers or risks suffering loss or damage attributable to a breach of duty under Public Contracts (Scotland) Regulations 2015 may bring proceedings in the Sheriff Court or Court of Session.
Publisher note: The contractor is accredited as a Scottish Living Wage Employer and will continue to pay that wage rate through the duration of this contract. (SC Ref:703275)
How it was run
Official noticeTender documents are also served through a separate tool: https://www.publictendersscotland.publiccontractsscotland.gov.uk ↗
- Appointment period ends
- 24 Mar 2022, 12:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bid validity
- 270 days from the deadline
- Bids opened
- 24 Mar 2022, 12:00 GMT
Timeline
31 Jan 2022 → 22 Aug 2022 · 4 dates- Next notice expected31 Jan 2022
- Admission / appointment period endsperiod end, not a bid countdown24 Mar 2022, 12:00 GMT
- Bids opened24 Mar 2022, 12:00 GMT
- Notice published22 Aug 2022, 12:47 BST
Notice history
5 events · 3 releases on Find a Tender · since 14 Feb 2022- Published value published: £2,840,00014 Feb 2022, 15:15 GMT
- Status changed to active14 Feb 2022, 15:15 GMT
- Procurement method changed14 Feb 2022, 15:15 GMT
- Deadline published: 24 Mar 2022, 12:00 GMT14 Feb 2022, 15:15 GMT
- Status changed to complete22 Aug 2022, 12:47 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast1 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.
Contracts
Contract 023268-2022-SP-21-037-1
- Signed
- 21 Jul 2022
- Value
- £2,840,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 2bids · 2 electronic · 2 from abroad | 0 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Edinburgh Sheriff Court and Justice of the Peace CourtMediation bodyReview bodyReview contact point
Framework contractors & participating bidders
1 commercial party on the notice- The Royal Bank of ScotlandFramework contractor
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.