Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Gloucestershire County Council
Shire Hall
Gloucester
GL1 2TH
UK
Contact person: Mr Shak Miah
Telephone: +44 1452324331
E-mail: shak.miah@gloucestershire.gov.uk
NUTS: UKK13
Internet address(es)
Main address: https://www.gloucestershire.gov.uk
Address of the buyer profile: https://www.gloucestershire.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
INVITATION TO TENDER FOR BANKING SERVICES
Reference number: DN549725
II.1.2) Main CPV code
66110000
II.1.3) Type of contract
Services
II.1.4) Short description
Gloucestershire County Council (GCC) intends to procure a transactional banking provider for general banking services.
The banking service requirements of GCC are below.
1.1 A fixed term 5 year contract for banking services.
1.2 Four (4) main bank accounts, with the ability to be administered through internet banking, which can handle common forms of banking transaction, including foreign generated transactions.
1.3 The ability to pool these main accounts, with the contractual right to offset for both balances and interest calculation.
1.4 A further account which is to be segregated from the main accounts, but administered through the same internet banking portal as the main accounts.
1.5 A Head Office Collection Account (HOCA) for the receipt of school and library payments, (or any legitimate, cost effective replacement system).
1.6 In addition to the main accounts, approximately 160 accounts are maintained for schools and other establishments. These are operated independently from the main bank accounts and have their own signatories, they are not subject to the account balance pooling arrangement detailed in 1.2.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
23 308.70
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UKK13
II.2.4) Description of the procurement
Gloucestershire County Council (GCC) intends to procure a transactional banking provider for general banking services.
The banking service requirements of GCC are below.
1.1 A fixed term 5 year contract for banking services.
1.2 Four (4) main bank accounts, with the ability to be administered through internet banking, which can handle common forms of banking transaction, including foreign generated transactions.
1.3 The ability to pool these main accounts, with the contractual right to offset for both balances and interest calculation.
1.4 A further account which is to be segregated from the main accounts, but administered through the same internet banking portal as the main accounts.
1.5 A Head Office Collection Account (HOCA) for the receipt of school and library payments, (or any legitimate, cost effective replacement system).
1.6 In addition to the main accounts, approximately 160 accounts are maintained for schools and other establishments. These are operated independently from the main bank accounts and have their own signatories, they are not subject to the account balance pooling arrangement detailed in 1.2.
II.2.5) Award criteria
Quality criterion: Quality
/ Weighting: 60
Cost criterion: Cost
/ 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:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2021/S 000-013203
Section V: Award of contract
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
24/09/2021
V.2.2) Information about tenders
Number of tenders received: 4
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: 4
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Lloyds Bank
25 Gresham Street
London
EC2v 7HN
UK
Telephone: +44 7710807738
E-mail: Michelle.davis@lloydsbanking.com
NUTS: UKK13
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 265 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
Gloucestershire County Council
Westgate Street
Gloucester
GL1 2TH
UK
Telephone: +44 1452424331
E-mail: shak.miah@gloucestershire.gov.uk
VI.5) Date of dispatch of this notice
29/09/2021