Official UK procurement notice
Banking Services · UK public procurement notice
Authority: Lincolnshire County Council (Local council)
What is being bought
Published requirement descriptionThe services which were being procured as part of this procurement are money transmission banking services. The banking services required include the maintenance of bank accounts, cash and cheque handling, BACS, CHAPS, Faster Payments processing and other money transmission services associated with local authority banking arrangements.
CPV: Banking and investment services · Banking services
The lotProcurement structure
single lot · value publishedLot #1This was procured through an Open ProcedureAwardedRenewalPublished value£210,000
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
- Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- 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
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 28 Jul 2023, 12:00 BST
- Last source update
- 16 Apr 2024, 15:04 BST
- Award evaluation window
- 28 Aug 2023 – …
- Authority reference
DN681669- FTS notice number
2024/S 000-012372- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03eb37Find a Tender
How it was run
Official notice- Submission deadline
- 28 Aug 2023, 12:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 28 Aug 2023, 12:00 BST
Timeline
28 Aug 2023 → 16 Apr 2024 · 3 dates- Submission deadline28 Aug 2023, 12:00 BST
- Bids opened28 Aug 2023, 12:00 BST
- Notice published16 Apr 2024, 15:04 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete16 Apr 2024, 15:04 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Barclays Bank PLC | £152,222 † | — | Awarded |
Contracts
Contract 012372-2024-PL22076-1 · Barclays Bank PLC
- Signed
- 31 Mar 2024
- Value
- £152,222
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 4bids | — | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- High Court of England and WalesReview body
- Royal Courts of JusticeReview body
Bidders & participating suppliers
1 commercial party on the notice- Barclays Bank PLCAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.