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UMC 010 - Banking Services

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What the buyer wrote

The Council required a money transmission banking service to include the maintenance of bank accounts, cash and cheque handling, BACS and CHAPS transaction processing and other services associated with local authority banking arrangements. An internet banking service for balance/transaction reporting and payment initiation was also required. The banking arrangements included the requirements for Shropshire and Wrekin Fire Authority. The contract is for an initial period of 5 years with the option to extend for a further 2 years. The contract will commence on 1 April 2016.

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Awarded to

The National Westminster Bank plc£420kends (31 Mar 2021)

Details

What the buyer calls it
UMC 010 - Banking Services
How they are buying
Advertised, open to anyoneAny supplier could bid without being invited first.
Type
services
Suitable for small firms
The buyer says yes. What that is worth
Work starts
31 Mar 2016
Work ends
31 Mar 2021

Who the buyer named

Procurement was the named contact on this notice.

procurement@shropshire.gov.uk