Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
London Borough of Croydon
Bernard Wetherill House, Fell Road
Croydon
CR01EA
UK
Contact person: Jacob Aghedo
Telephone: +44 2087266000
E-mail: jacob.aghedo@croydon.gov.uk
NUTS: UKI
Internet address(es)
Main address: https://www.croydon.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 Services
Reference number: LBC/TN/414
II.1.2) Main CPV code
66100000
II.1.3) Type of contract
Services
II.1.4) Short description
The London Borough of Croydon seeks to reprocure its Corporate Banking Services contract. The incumbent supplier was invited to tender for this service as a call-off from the NEPO531 General Banking Services framework for a term contract of 8 years, effective from the 1st of April 2025 to the 31st of March 2033.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
535 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
66110000
II.2.3) Place of performance
NUTS code:
UKI
II.2.4) Description of the procurement
The procurement is a direct award via a call-off from the NEPO531 General Banking Services framework.
II.2.5) Award criteria
Quality criterion: 20
/ Weighting: 20
Quality criterion: Social Value
/ Weighting: 10
Price
/ Weighting:
70
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
Award of a contract without prior publication of a call for competition
Justification for selected award procedure:
The procurement falls outside the scope of application of the Directive
Explanation
NEPO531 General Banking Services framework is PCR 2015 compliant and allows for direct award to pre-qualified suppliers as a call-off contract without prior publication of a call for competition.
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
No
Section V: Award of contract
Contract No: LBC/TN/414
Title: Corporate Banking Services
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
01/04/2025
V.2.2) Information about tenders
Number of tenders received: 1
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
929027
250 Bishopsgate
London
EC2M 4AA
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 535 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
High Court of England
London
UK
VI.5) Date of dispatch of this notice
19/09/2025