Expired contract

Leicestershire County Council General Bank Services

Details

Value
£320,000
Duration
8 years
Published
1 December 2015

Tender description

The purpose of this tender document is to put in place a contract for money transmission and general banking services for the Customer as specified below. The contract will not include Merchant Acquiring Services. Two associated organisations currently use the Council’s banking service and take advantage of the same terms and tariffs offered to the Council. The additional organisations are: Eastern Shires Purchasing Organisation Leicestershire Fire and Rescue Service The requirements of these organisations are therefore included within this documentation and it is likely they will award contracts to the Customers chosen service provider (albeit the successful bank will be required to enter into separate contractual agreements and contract management arrangements with each organisation).

Timeline

  1. Completed: Award published1 December 2015
    Current notice
  2. Completed: Award date1 December 2015
  3. Completed: Contract expiry date31 March 2024

About the buyer

Leicestershire County Council buys as a local authority, advertising larger contracts on the government's Find a Tender service. Smaller contracts appear separately on Contracts Finder, the portal for lower-value public work. Some contracts also run through frameworks set up by outside bodies, including ESPO, and suppliers apply to join those directly. The council itself trades nationally as ESPO, running framework agreements for public bodies nationwide. A two-year procurement plan on the council's open data site lists contracts still to come. Suppliers must also register on Find a Tender, a requirement since April 2026.

UK local government drives £140bn in annual procurement, led by social protection (£66.6bn) and education (£57.1bn).

Over the past 5 years, most of Leicestershire County Council's contract awards have been in transport services, construction work and architectural and engineering services.

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