Contract award notice
Results of the procurement procedure
Section I: Contracting 
        entity
      
I.1) Name and addresses
  Tunbridge Wells Borough Council
  Town Hall
  Tunbridge Wells
  TN1 1RS
  UK
  
            Contact person: Miss Louisa Coley
  
            Telephone: +44 1892526121
  
            E-mail: louisa.coley@tunbridgewells.gov.uk
  
            NUTS: UKJ46
  Internet address(es)
  
              Main address: http://www.tunbridgewells.gov.uk
  
              Address of the buyer profile: http://www.tunbridgewells.gov.uk
 
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
Corporate Banking and Merchant Services
            Reference number: DN694071
  II.1.2) Main CPV code
  66000000
 
  II.1.3) Type of contract
  Services
  II.1.4) Short description
  Tunbridge Wells Borough Council (TWBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services).
  II.1.6) Information about lots
  
            This contract is divided into lots:
            
        No
      
  II.1.7) Total value of the procurement
  Lowest offer: 
					474 970.00 
					  GBP/ Highest offer:
					1 000 000.00 
					  GBP
 
II.2) Description
  
    II.2.2) Additional CPV code(s)
    66110000
    II.2.3) Place of performance
    NUTS code:
    UKJ46
    II.2.4) Description of the procurement
    Tunbridge Wells Borough Council (TWBC) is looking to award a contract for corporate banking and card merchant services (excluding investment services).
    II.2.5) Award criteria
    
                    Cost criterion: Cost
                    / Weighting: 60
    
                    Cost criterion: Quality
                    / Weighting: 40
    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:
                
        No
      
 
IV.2) Administrative information
  IV.2.1) Previous publication concerning this procedure
  Notice number in the OJ S:
  2023/S 000-030024
  IV.2.9) Information about termination of call for competition in the form of a prior information notice
  The contracting authority will not award any further contracts based on the above prior information notice
 
Section V: Award of contract
          Lot No: 1
        A contract/lot is awarded:
        
        Yes
      
V.2 Award of contract
V.2.1) Date of conclusion of the contract
19/02/2024
V.2.2) Information about tenders
                Number of tenders received: 1
                Number of tenders received by electronic means: 1
              The contract has been awarded to a group of economic operators:
              
        No
      
V.2.3) Name and address of the contractor
  Lloyds Banking Group PLC
  125 Colmore Row
  Birmingham, West Midlands
  B3 3SF
  UK
  
            NUTS: UKJ46
  The contractor is an SME:
        No
      
 
                V.2.4) Information on value of the contract/lot (excluding VAT)
              
Total value of the contract/lot: 
					
						Lowest offer: 
						474 970.00 
							GBP
						/ Highest offer: 
						1 000 000.00 
							GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
  VI.4.1) Review body
  
    Mid Kent Legal
    Town Hall
    Tunbridge Wells
    TN1 1RS
    UK
   
 
VI.5) Date of dispatch of this notice
19/02/2024