Awarded contract

Provision of Banking Services

Details

Value
£500,000
Topic
Banking services
Published
15 April 2025

Tender description

Rotherham Metropolitan Borough Council’s current banking contract is due to expire on 30th September 2023. Tenders are invited for the provision of banking services to include the maintenance of bank accounts, cash and cheque handling, BACS, CHAPS and Faster Payments processing and other money transmission services associated with local authority banking arrangements. The Council will also require an internet banking service for balance/transaction reporting and payment initiation. Lot 1: Rotherham Metropolitan Borough Council’s current banking contract is due to expire on 30th September 2023. Tenders are invited for the provision of banking services to include the maintenance of bank accounts, cash and cheque handling, BACS, CHAPS and Faster Payments processing and other money transmission services associated with local authority banking arrangements. The Council will also require an internet banking service for balance/transaction reporting and payment initiation.

Timeline

  1. Completed: Award date26 February 2025
  2. Completed: Award published15 April 2025
    Current notice

About the buyer

Rotherham Metropolitan Borough Council is a local authority in South Yorkshire, and advertises most of its contract opportunities through YORtender, its e-tendering platform. YORtender also carries live tender opportunities from councils across the Yorkshire region, run as a shared regional procurement platform. A public contract register lists every current agreement the council holds, the service area it covers and a named contact for suppliers. Larger contracts carry social value requirements set out in the council's published social value policy. Procurement follows the reformed rules introduced under the Procurement Act, with dedicated guidance published for prospective 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 Rotherham Metropolitan Borough Council's contract awards have been in construction work, software and information systems and architectural and engineering services.

Relevant CPV codes

  • 66110000 · Banking services

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Decision makers

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