Bromley Banking Service
Details
- Topic
- Financial and insurance services
- Published
- 2 February 2024
- Submission
- 4 March 2024
- Source
- uk:procontracts
Tender description
The Council is seeking tenders from suitably qualified suppliers to undertake its banking services which will include: 1. maintenance of Council bank accounts, including maintained schools 2. receipt of payments to the Council through a number of sources including cash, cheque, direct debit, standing order and credit/debit cards 3. clearance of payments by the Council to staff, pensioners and suppliers through a variety of processing methods including cheque, CHAPS, BACS and direct debit 4. an electronic banking system which provides on-line access to bank statements, balances and transactions as well as the facility to make electronic payments (CHAPS and BACS) Tenders are being sought for banking services for a seven year contract with the option for a two year extension, to commence in April 2024. Keywords: Banking Services, Financial Services
Timeline
- Completed: Tender published2 February 2024Current notice
- Completed: Submission date4 March 2024
About the buyer
London Borough of Bromley buys as a local authority, with its own procurement team based at the Civic Centre. Contract opportunities are advertised through ProContract, accessed via the London Tenders Portal used by councils across London. Suppliers register free on the portal to receive notifications and access tender documents for advertised opportunities. Larger contracts also appear on Contracts Finder and Find a Tender, the national procurement portals. The council's contract procedure rules set out how procurement is carried out for different types of contract. Procurement decisions aim for value for money through competition between suppliers.
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 London Borough of Bromley's contract awards have been in construction work, software and information systems and health and social work.
Relevant CPV codes
- 66000000 · Financial and insurance services
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@london-borough-of-bromley.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@london-borough-of-bromley.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@london-borough-of-bromley.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@london-borough-of-bromley.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@london-borough-of-bromley.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@london-borough-of-bromley.gov |
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