RMCV 037 – Banking Services

Concepts

• banking services
• shrewsbury
• money transmission banking service
• maintenance of bank accounts
• internet banking service
• local authority banking arrangements
• service specification document
• banking arrangements
• start of this contract
• transaction processing

Location

Shropshire CC

Description

The Council requires a money transmission banking service to include the maintenance of bank accounts, Faster Payments, BACS and CHAPS transaction processing and other services associated with local authority banking arrangements. An internet banking service for balance/transaction reporting and payment initiation will also be required. The Council is aiming to eliminate cash and cheque handling from its banking arrangements from the start of this contract. It is however possible that cash and cheques will still be deposited in the early stages of the contract although it is anticipated that volumes/values will be minimal. Please see the service specification document included in the tender pack for further details of this procurement. The contract will be for an initial period of 5 years with the option to extend for a further 2 years. The contract will commence on 3rd April 2023.

Renewal Options

The contract will be for an initial period of 5 years with the option to extend for a further 2 years.

CPV Codes

• 66110000 - Banking services

Indicators

• Bids should cover the whole contract.
• This is a recurring contract.
• Renewals are available.
• Financial restrictions apply.
• Performance considerations apply.
• Professional qualifications are sought.
• Staff qualifications are relevant.
• Award on basis of price and quality.

Other Information

To respond to this opportunity please click here: https://www.delta-esourcing.com/respond/S639B5FYV5 For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Shrewsbury:-Banking-services./S639... To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/S639B5FYV5 GO Reference: GO-202271-PRO-20535077