Banking Services
A Tender Notice
by PORTSMOUTH CITY COUNCIL
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 5 year
- Value
- £277K
- Sector
- BUSINESS
- Published
- 06 Jan 2022
- Delivery
- To 23 Jan 2027 (est.)
- Deadline
- 18 Feb 2022 13:00
Concepts
Location
Portsmouth:
1 buyer
- Portsmouth City Council Portsmouth
Description
Portsmouth City Council - the Council - is inviting tenders from suitably qualified financial institutions for the provision of corporate banking services. Full specification is available via the link below: https://in-tendhost.co.uk/portsmouthcc/aspx/home/ The Council will enter into contract with the successful bidder on the basis of a 5 year term extendable by a further 5 years in increments to be agreed subject to performance and agreement of both parties. The Council will run the procurement process in accordance with the 'Open' procedure as set out within the Public Contracts Regulations (2015) in line with the following programme: Invitation to Tender Pack made available: 10th January 2022 Deadline for requests for clarification: 11th February 2022 16:00 Tender return deadline: 18th February 2022 16:00 Deadline for return of Company Reference Questionnaires from client referees: 18th February 2022 16:00 Interviews - if required: W/C 7th March 2022 Standstill period: 11th March 2022 - 21st March 2022 Contract award & mobilisation: 22nd March 2022 Contract commencement: 2nd March 2023 The contract will commence on 2nd March 2023. The Council is aiming to award the contract by 22nd March 2022.
Renewal Options
The Council will enter into contract with the successful bidder on the basis of a 5 year term extendable by a further 5 years in increments to be agreed subject to performance and agreement of both parties.
CPV Codes
- 66110000 - Banking services
- 66111000 - Central bank services
- 66112000 - Deposit services
Indicators
- This is a one-off contract (no recurrence)
- Renewals are available.
- Professional qualifications are sought.
Other Information
Application is via completed tender submission by the date above via the Council's e-sourcing solution which will be used to administrate the procurement process and is accessible free of charge via the link below: https://in-tendhost.co.uk/portsmouthcc/aspx/home/ ** PREVIEW NOTICE, please check Find a Tender for full details. **
Reference
- ocds-h6vhtk-0307f9
- FTS 000356-2022