Official UK procurement notice
Framework Agreement for Banking Services
Authority: Renfrewshire Council (Local council)·Consortium: 2 public authorities
What is being bought2 lots · detail below
Published requirement descriptionThis is a contract award notice for Framework Agreement for Banking Services.
Renfrewshire Council (the Council) awarded the Framework Agreement for Banking Services to Clydesdale Bank Plc for general banking services for Lot 1 Renfrewshire Council and Associated Bodies and Lot 2 Renfrewshire Leisure Limited trading as OneRen. Clydesdale Bank will be required to deliver of a comprehensive banking service, including but not limited to, the opening and closing of bank accounts, an internet banking service for balance/transaction reporting and payment initiation, provision of cheques and pay-in slips, credit facilities, BACS, CHAPS, faster Payments, international payments and paper clearing.
- Recurrence: If extension period is utilised, April 2031
CPV: Banking services
How this framework works
From the published notice- Places
- up to 1 suppliers · 4 bids on the busiest of 2 lots (4.0 per place) · 1 appointed (full)
Lots and requirements (2)Procurement structure
2 lots · 1 with a published value · same evaluation weights on every lotLot #1Renfrewshire Council General Banking Services and associated bodiesAwardedRenewalPublished value£330,000
Renfrewshire Council will Call-Off on behalf of the following associated bodies under Lot 1.
Renfrewshire Valuation Joint Board.
Glasgow and the Clyde Valley Strategic Development Planning Authority
Scotland Excel
Clydesdale Bank Plc will be required to deliver of a comprehensive banking service, including but not limited to, the opening and closing of bank accounts, an internet banking service for balance/transaction reporting and payment initiation, provision of cheques and pay-in slips, credit facilities, BACS, CHAPS, faster Payments, international payments and paper clearing. 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.
Lot #2Renfrewshire Leisure Limited trading as OneRen General Banking ServicesAwardedRenewalLot estimate not published
Renfrewshire Leisure Limited trading as Oneren (OneRen) will be entitled to award Call-Off Contracts under Lot 2.
Clydesdale Bank Plc will be required to deliver of a comprehensive banking service, including but not limited to, the opening and closing of bank accounts, an internet banking service for balance/transaction reporting and payment initiation, provision of cheques and pay-in slips, credit facilities, BACS, CHAPS, faster Payments, international payments and paper clearing. 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. Please see the ITT in PCS-Tender project relevant to this procurement and the other Procurement Documents for further information.
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 sub-criteria (8)
- Relationship Management: 9%
- Cheque deposits: 5%
- Query resolution: 10%
- Implementation: 5%
- Cyber Security: 5%
- ICT: 6%
- Fair Work First: 5%
- price: 55%
Published award criteria (12)
- Relationship Management: 9
- Cheque deposits: 5
- Query resolution: 10
- Implementation: 5
- Cyber Security: 5
- ICT: 6
- Credit Interest (not scored – information only): 0
- Debit Interest (not scored - information Only): 0
- Fair Work First: 5
- Sustainability (not scored - information Only): 0
- Community Benefits (voluntary): 0
- Price: 55
- Suitability
The Service Provider must be registered and authorised with both the Financial Conduct Authority and also the Prudential Regulation Authority to provide banking and related services (collectively “Services”). The Service Provider will comply with the requirements of the Banking Act 2009 and the Financial Services Act 2012 in respect of such Services. The Service Provider will be a UK institution which has permission under the Financial Services and Markets Act 2000 to carry on the regulated activity of accepting deposits.
- Economic & financial standing
Insurance - It is a requirement of this Framework Agreement and any Call Off Contract made the under the Framework Agreement. that tenderers hold, or can commit to obtain prior to the commence of any subsequently awarded Call-Off Contract, the types and levels of insurance indicated below.
Financial - Please note tenderers are required to have a Minimum Long Term rating detailed below which will be maintained for the duration of the Framework Agreement and any Call Off Contract made the under the Framework Agreement.
Minimum: Insurance * Employers Liability – statutory minimum 5million (GBP) each and every claim * Public liability – minimum 2 million (GBP), each and every claim * Professional indemnity – 500,000 (GBP) for each and every claim in the aggregate with 500,000 (GBP) on an automatic annual … - Technical & professional ability
As detailed in the SPD, Tenderers will be required to provide examples that demonstrate that they have the relevant experience to deliver the services as detailed Specification.
Tenders will also be required to confirm whether they intent to sub-contract any of the services relating to this tender in the SPD. A SPD will be required to be completed for each sub-contractor as detailed in the SPD
- Technical & professional ability
The Service Provider will be and continue to be a UK institution which has permission under the Financial Services and Markets Act 2000 to carry on the regulated activity of accepting deposits (within the meaning of section 22 of that Act, taken with Schedule 2 and any order under section 22) for the term of the Contract and for the term of any Call-off thereunder. Service Provider will be registered and authorised and will maintain such registration and authorisation with both the Financial Conduct Authority and also the Prudential Regulation Authority in respect of the provision banking and related services.
The Service Provider will at all times comply with the requirements of the Banking Act 2009 and the Financial Services Act 2012 in respect of all Services provided under the Framework Agreement and any Call-off.
- Suitability qualified and experienced staff
- Staff
- Names and qualifications of delivery staff must be submitted
- Price carries 55 of 100 points: a 10% discount moves about 5.5 points. This one is won on the number: sharpen the price before polishing the prose.
- “Framework Agreement for Banking Services” 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 · If extension period is utilised, April 2031
- First published
- 27 Jun 2024, 12:45 BST
- Last source update
- 6 Mar 2025, 09:04 GMT
- Award evaluation window
- 29 Jul 2024 – …
- Authority reference
RC-CPU-23-151- FTS notice number
2025/S 000-008133- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-047300Find 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 the Public Contracts (Scotland) Regulations 2015 (SSI 2105/446) (as amended) may bring proceedings in the Sheriff Court or Court of Session.
Publisher note: 1. The Renfrewshire Council (as lead Purchaser) will award the Framework Agreement and will Call-Off on behalf of the Council and associated bodies under Lot 1: * Renfrewshire Valuation Joint Board, a separate legal entity and statutory body. Established by the Valuation Joint Boards (Scotland) Order 1995 to carry out the valuation functions of Renfrewshire, East Renfrewshire and Inverclyde Councils. * The Glasgow and Clyde Valley Strategic Development Planning Authority. The Councils in the Glasgow and the Clyde Valley area work together on strategic development plan matters. A strategic development team is managed by a joint committee of 16 councillors from the eight participating councils * Scotland Excel, a non-profit making organisation funded by participating local authority members. Its head office is located in Paisley. Renfrewshire Leisure Limited (RLL) trading as OneRen will enter into any call off under Lot 2 of the Framework Agreement. 2. The Framework Agreement commenced on the 26th February 2025 and is for a period of 4 years. Any Call-off Contact awarded under either Lot 1 or Lot 2 will not automatically expire after the Framework Agreement Expiry Date. 3. The value detailed is the the maximum ceiling value including use of all extension periods for all Call-Off Contracts awarded under the Framework Agreement. (SC Ref:792183)
How it was run
Official notice- Appointment period ends
- 29 Jul 2024, 12:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bids opened
- 29 Jul 2024, 14:00 BST
Timeline
29 Jul 2024 → 6 Mar 2025 · 4 dates- Admission / appointment period endsperiod end, not a bid countdown29 Jul 2024, 12:00 BST
- Bids opened29 Jul 2024, 14:00 BST
- Bids must remain valid until19 Dec 2024, 23:59 GMT
- Notice published6 Mar 2025, 09:04 GMT
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete6 Mar 2025, 09:04 GMT
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast2 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.
Contracts
Renfrewshire Leisure Limited trading as OneRen General Banking Services
- Signed
- 28 Feb 2025
- Value
- £25,500
- Status
- active
Renfrewshire Council General Banking Services and associated bodies
- Signed
- 27 Feb 2025
- Value
- £282,000
- Status
- active
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 1 · Renfrewshire Council General Banking Services and associated bodies | 4bids · 4 electronic · 4 from abroad | 0 | — | — |
| 2 · Renfrewshire Leisure Limited trading as OneRen General Banking Services | 4bids · 4 electronic · 4 from abroad | 0 | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeConsortium members and other public bodies
- Renfrewshire Leisure Limited trading as OneRenContracting authority
Dispute resolution & review bodies
- Court of SessionReview body
Framework contractors & participating bidders
1 commercial party on the notice- Clydesdale Bank PLCFramework contractor
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.