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Contract Award Notice

Cambridgeshire County Council: Banking Services

  • First published: 05 February 2020
  • Last modified: 05 February 2020
  • Version: N/A
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The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
Published by:
LGSS Procurement on behalf of Cambridgeshire County Council
Authority ID:
AA73140
Publication date:
05 February 2020
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

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.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

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: UKH11

Internet address(es)

Main address: https://www.lgss.co.uk/about/

Address of the buyer profile: https://www.lgss.co.uk/services/procurement/

I.2) Joint procurement

The contract is awarded by a central purchasing body

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.

There will be no guarantee of work or volume of work to be given under this contract.

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Value excluding VAT: 500 000.00  GBP

II.2) Description

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.

II.2.5) Award criteria

Quality criterion: Quality: service delivery / Weighting: 49

Quality criterion: Quality: technical offer / Weighting: 14

Quality criterion: Quality: implementation / Weighting: 7

Price / Weighting:  30

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 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.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2019/S 156-385316

Section V: Award of contract

Title: Cambridgeshire County Council: Banking Services

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

19/11/2019

V.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 2

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

National Westminster Bank plc

NatWest Commercial and Private Banking, Floor 1, 300 Silbury Boulevard, Silbury House

Milton Keynes

MK9 2AZ

UK

NUTS: UKJ12

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 685 845.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

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

Internet address(es)

URL: https://www.cambridgeshire.gov.uk/business/business-with-the-council/providing-goods-and-services-to-the-council

VI.4.3) Review procedure

Precise information on deadline(s) for review procedures:

The Council has incorporated 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.4.4) Service from which information about the review procedure may be obtained

LGSS Procurement

Octagon RES 1006, Shire Hall, Castle Hill

Cambridge

CB3 0AP

UK

Internet address(es)

URL: https://www.cambridgeshire.gov.uk/business/business-with-the-council/providing-goods-and-services-to-the-council

VI.5) Date of dispatch of this notice

30/01/2020

Coding

Commodity categories

ID Title Parent category
66100000 Banking and investment services Financial and insurance services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
shaun.lay@cambridgeshire.gov.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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