Awarded contract

Corporate Banking Services

Details

Value
£535,000
Topic
Banking and investment services
Published
19 September 2025

Tender description

The London Borough of Croydon seeks to reprocure its Corporate Banking Services contract. The incumbent supplier was invited to tender for this service as a call-off from the NEPO531 General Banking Services framework for a term contract of 8 years, effective from the 1st of April 2025 to the 31st of March 2033. Lot 1: The procurement is a direct award via a call-off from the NEPO531 General Banking Services framework.

Timeline

  1. Completed: Award date1 April 2025
  2. Completed: Award published19 September 2025
    Current notice

About the buyer

London Borough of Croydon is a local authority procuring for the borough. Suppliers register on the council's e-procurement portal, In-Tend, to view current, forthcoming and awarded tenders. Every procurement follows the council's Tenders and Contract Regulations 2024, its internal rulebook for value-for-money contracts. Contracts above a set value threshold require suppliers to register on the government's Central Digital Platform with a verified identifier. A No PO No Pay policy requires a purchase order before any supplier begins work. Since July 2023 a statutory Improvement and Assurance Panel has held powers to direct council decisions where value for money falls short.

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 Croydon's contract awards have been in business services, IT services and health and social work.

Relevant CPV codes

  • 66100000 · Banking and investment services
  • 66110000 · Banking services

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Decision makers

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Contact nameJob titlePhone numberWork email
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Contracts Manager+44 •••• ••••••

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