Contract notice
Section I: Contracting
authority
I.1) Name and addresses
LGSS Procurement on behalf of Cambridgeshire County Council
Shire Hall, Castle Hill
Cambridge
CB3 0AP
UK
Contact person: Mr Shaun Lay
Telephone: +44 1223715354
E-mail: shaun.lay@cambridgeshire.gov.uk
NUTS: UKH12
Internet address(es)
Main address: https://www.lgss.co.uk/about/
Address of the buyer profile: https://www.lgss.co.uk/about/
I.2) Joint procurement
The contract is awarded by a central purchasing body
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
https://procontract.due-north.com/Advert/Index?advertId=5ab882be-7787-e911-80f7-005056b64545
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent electronically to:
https://procontract.due-north.com/Home/About
I.4) Type of the contracting authority
Regional or local authority
I.5) Main activity
General public services
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Cambridgeshire County Council: Banking Services
Reference number: DN414158
II.1.2) Main CPV code
66100000
II.1.3) Type of contract
Services
II.1.4) Short description
Contract for the provision of banking services and associated services for Cambridgeshire County Council.
This contract is for 5 years, with an option to extend for 2 years, followed by a further 2 years followed by a final 1 year (making a maximum contract length of 10 years in total). The contract estimated start date will be 1.3.2020.
The current estimated spend for such is 50 000 GBP per annum.
It is difficult to predict the exact value of this contract as the authorities’ requirements are likely to vary over the contract term, but it is estimated that the total value of banking fees and charges will not be less than 400 000 GBP or greater than 800 000 GBP.
Potential providers should note that this figure is an estimate and shall fluctuate depending on the numbers, types of transactions and any borrowing that may occur over the life of the agreement.
There will be no guarantee of work or volume of work to be given under this contract.
II.1.5) Estimated total value
Value excluding VAT:
500 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
No
II.2) Description
II.2.2) Additional CPV code(s)
66110000
II.2.3) Place of performance
NUTS code:
UKH12
II.2.4) Description of the procurement
Contract for the provision of banking and associated services for Cambridgeshire County Council.
The authority requires a comprehensive money transmission banking service involving maintenance of Council, pension fund and school bank accounts, handling of paper, BACS and CHAPS clearing, cash processing and other activities associated with local authority banking business. The authority will require an internet banking service for balance/transaction reporting and payment initiation.
The authority expects that the way the service is provided during the life of the contract may change as the market and the authority change its working practices and more digital methods/processes are adopted for receipts and payments.
The authority is not dividing this contract into lots as they wish to have one banking provider in order to provide economies of scale and ensure consistency within internal processes and contract management of the agreement where this is relevant.
The deadline for potential provider’s invitation to tender clarification questions is 3.9.2019.
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 120
This contract is subject to renewal: Yes
Description of renewals:
This contract is for 5 years, with an option to extend for 2 years, followed by a further 2 years followed by a final 1 year (making a maximum contract length of 10 years in total).
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section III: Legal, economic, financial and technical information
III.1) Conditions for participation
III.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions:
Applicants must be FCA registered.
III.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
III.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
III.2) Conditions related to the contract
III.2.3) Information about staff responsible for the performance of the contract
Obligation to indicate the names and professional qualifications of the staff assigned to performing the contract
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.2) Time limit for receipt of tenders or requests to participate
Date:
20/09/2019
Local time: 12:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
IV.2.6) Minimum time frame during which the tenderer must maintain the tender
Duration in months: 6 (from the date stated for receipt of tender)
IV.2.7) Conditions for opening of tenders
Date:
20/09/2019
Local time: 12:00
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
No
VI.3) Additional information
The Council will incorporate a minimum 10 calendar days standstill period at the point information on the award of the contract is communicated to tenderers. This period allows unsuccessful tenderers to seek further debriefing from the contracting authority before the contract is entered into. Such additional information should be requested from (refer to address in Part I.1). If an appeal regarding the award of contract has not been successfully resolved the Public Contracts Regulations 2015 (Chapter 6) provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules, to take action in the High Court (England, Wales and Northern Ireland). Any such action must be brought promptly. Where a contract has not been entered into the court may order the setting aside of the award decision or order the authority to amend any document and may award damages. If the contract has been entered into the court may order the ineffectiveness of a contract where serious breach have occurred in addition to any fine, the court may instead provide for alternative penalties, either contract shortening, fines or both.
VI.4) Procedures for review
VI.4.1) Review body
LGSS Procurement
Octagon RES 1006, Shire Hall, Castle Hill
Cambridge
CB3 0AP
UK
E-mail: GdeSilva@northamptonshire.gov.uk
VI.4.2) Body responsible for mediation procedures
Royal Courts of Justice
The Strand
London
WC2A 2LL
UK
VI.4.4) Service from which information about the review procedure may be obtained
LGSS Procurement
Octagon RES 1006, Shire Hall, Castle Hill
Cambridge
CB3 0AP
UK
E-mail: GdeSilva@northamptonshire.gov.uk
VI.5) Date of dispatch of this notice
12/08/2019