Banking Services

Concepts

• banking services
• glasgow
• local authority banking business
• electronic banking
• services) llp
• a comprehensive banking service
• cordia (services) llp
• bank
• banking
• sport glasgow

Location

UK, Glasgow

Description

The council is seeking a comprehensive banking service which includes the maintenance of the council’s bank accounts, electronic banking, BACS and CHAPS clearing, Faster Payments, cash processing, foreign payments and currency, provision of corporate credit cards, provision of pre-paid cards and other activities associated with local authority banking business. The following Affiliated Bodies will participate in this contract:Community Safety Glasgow Ltd; Culture and Sport Glasgow (Branded as Glasgow Life); Culture and Sport Glasgow (Trading) CIC; Cordia (Services) LLP; City Property (Glasgow) LLP; City Building (Glasgow) LLP. Full detail can be found within the ITT.

Ammendments to Previous Notice

Award Detail

CPV Codes

• 66110000 - Banking services

Indicators

• Contract modified due to additional needs.

Legal Justification

The council is currently in the process of undertaking major projects to update critical financial infrastructure systems. These major projects are at a critical stage and system integrity and stability is imperative, as such no conflicting major change projects can be undertaken at this time due to the risk posed to the successful completion of the implementation and migration to the new infrastructure system. A change of banking provider has been identified as a conflicting change project and would present a significant risk due to the integration works required. Additionally to change banking provider at this stage the council would incur costs which are anticipated would be duplicated once the new system infrastructure becomes operational.

Other Information

Re ESPD Questions 4D.1,4D1.1,4D1.2,4D2,4D2.1 and 4D2.2; applicants must hold the certificates for Qual. Control,H&S and Environ Mng. Standards or comply with all the questions noted in ESPD Sect. 4D. Please refer to the 'ESPD Statements Document' uploaded to the buyers attach. area on PCS-T. Freedom of Info. Act-Information on the FOI Act is contained in Append. A of the ITT. Applicants must note the implications of this legislation and ensure that any info they wish the council to consider withholding is specifically indicated on the FOI certificate contained in the buyers attach. area within the PCST portal (NB the council does not bind itself to withhold this info).Tenderers Amendments- Applicants must enter any clause,condition,amendment to specification or any other quals they may wish to make conditional to this offer. Applicants will be req’d to complete the tenderers amend. certificate that is contained within the buyers attach. area within PCST ortal.Prompt Payment -The successful tenderer shall,as a condition of being awarded the tender,be req’d to demonstrate to the council's satisfaction that all funds due to the tenderer's permitted sub-contractors in respect of these works are paid timeously and that as a min.invoices rendered by subcontractors shall (unless formally disputed by the tenderer) be paid within 30 days of receipt. The successful tenderer shall also impose this condition on its sub-contractors in respect of payments due to any sub-sub-contractors,if any. Applicants will be req’d to complete the prompt payment certificate contained in the buyers attach. area within PCST portal.Non Collusion -Applicants will be req’d to complete the Non Collusion certificate contained in the buyers attach. area within the PCS Tender portal.Insurance Mandate-All successful suppliers will be req’d to sign an Insurance Mandate,contained in the buyers attach. area within the PCS Tender portal authorising the Council to request copies of insurance docs from the supplier’s insurance provider. If the mandate is not signed and returned the Council reserves the right to request copies of insurance certificates from bidders at any point during the contract period.Draft T&C’s are located within the buyers attach. area within the PCST portal.Additional info pertaining to this contract notice is contained in the ITT and ESPD statement documents situated within the buyers attach. area of PCS-T. Bidders must ensure they read these docs in line with this contract notice. (SC Ref:810743)