Telford & Wrekin Council

Telford & Wrekin Council- Procurement Portal


Buyer Profile

Return to Buyer Profile

< Previous Notices Next Notice >



UK-Telford: Banking services.

Preliminary Questions
This notice is published by:
Directive 2014/24/EU

Section I: Contracting authority/entity

I.1) Name and addresses
Telford & Wrekin Council
Darby House, Lawn Central, Telford, TF3 4JA, United Kingdom
Tel. +44 1952382470, Email: sarah.bass@telford.gov.uk
Main Address: www.telford.gov.uk
NUTS Code: UKG21

I.4) Type of the contracting authority (in the case of a notice published by a contracting authority)
Regional or local authority

I.5) Main Activity (in the case of a notice published by a contracting authority)
General public services


Section II: Object

II.1) Scope of the procurement

II.1.1) Title: Banking Services.
Reference number: Not Provided

II.1.2) Main CPV code:
66110000 - Banking services.

II.1.3) Type of contract: SERVICES

II.1.4) Short Description: Banking services. Provision of Banking Services for Borough of Telford & Wrekin

II.1.6) Information about lots
This contract is divided into lots: No

II.1.7) Total value of the procurement (excluding VAT)
Value: 850,000
Currency: GBP


II.2) Description

II.2.2) Additional CPV codes:
Not provided

II.2.3) Place of performance:
UKG21 Telford and Wrekin


II.2.4) Description of the procurement:
Banking services. Provision of Banking Services for Borough of Telford & Wrekin

II.2.5) Award criteria
(Directive 2014/24/EU / Directive 2014/25/EU)

Not provided


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

II.2.14) Additional information:
The Total Value at II.1.7) includes the option to extend for up to a further 5 years.

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure: Award of a contract without prior publication of a call for competition in the Official Journal of the European Union in the cases listed below

IV.1.3) Information about framework agreement
The procurement involves the establishment of a framework agreement: No

IV.1.8) Information about the 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 OJ S: Not provided

Section V: Award Of Contract/Concession

Award of Contract/Concession No: 1
Contract No: Not Provided Lot Number: Not Provided Title: Not Provided

V.2) Award of contract/concession

V.2.1) Date of contract award decision: 09/03/2020.

V.2.2) Information about tenders
The contract has been awarded to a group of economic operators:Yes .

V.2.3) Name and address of the contractor/concessionaire, No. 1:
Lloyds Banking Group Plc, 00002065
25 Gresham Street, London, EC2V 7HN, United Kingdom
NUTS Code: UKG21
The contractor/concessionaire will be an SME: No

V.2.3) Name and address of the contractor/concessionaire, No. 2:
Lloyds Bank PLC, 00002065
25 Gresham Street, London, United Kingdom
NUTS Code: UKG21
The contractor/concessionaire will be an SME: No


V.2.4) Information on value of the contract/lot/concession:
Initial estimated total value of the contract: Not Provided
Total value of the contract/lot/concession 850,000
Currency: GBP

V.2.5) Information about subcontracting:
The contract is likely to be subcontracted: No


Section VI: Complementary Information

VI.3) Additional Information:
To view this notice, please click here:
https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=480564021
GO-2020324-PRO-16233958 TKR-2020324-PRO-16233957
VI.4) Procedures for review

VI.4.1) Review Body
Telford & Wrekin Council
Darby House, Lawn Central, Telford, TF3 4JA, United Kingdom
Tel. +44 1952383998

V1.4.2) Body responsible for mediation procedures:
Telford & Wrekin Council
Darby House, Lawn Central, Telford, TF3 4JA, United Kingdom
Tel. +44 1952383998.

VI.4.3) Review procedure
Not Provided

VI.4.4) Service from which information about the review procedure may be obtained
Not Provided

VI.5) Date of dispatch of this notice: 24/03/2020


Annex D1 - General Procurement
Justification for the award of the contract without prior publication of a call for competition in the Official Journal of the European Union
Directive 2014/24/EU


2. Other justification for the award of the contract without prior publication of a call for competition in the Official Journal of the European Union

The procurement falls outside the scope of application of the directive: Yes

3. Explanation

Please explain in a clear and comprehensive manner why the award of the contract without prior publication in the Official Journal of the European Union is
lawful, by stating the relevant facts and, as appropriate, the conclusions of law in accordance with the directive: (500 words maximum)
The contracting authority considers it is acting legitimately, and in accordance with its public accountability and fiduciary dutiies in relation to the direct award of a contract for the provision of banking services.

We tendered the banking services in 2014 and tested the market. This resulted in a change of provider which had a significant cost pressure and impact.

The current contract runs to the end of September 2020. We will be looking to place a new contract for 5 years plus the option to extend for a further 5 years. During this time we will carry out benchmarking/review periods throughout the contract to ensure best value and take action appropriately.

The significant administration, project management and resource costs taken to change providers will significantly distort the cost of the services. The cost of moving provider is considered disproportionate to the contract and not best use of public money. The contract with Lloyds will be negotiated to ensure best value including Social Value for the Authority.



< Previous Notices Next Notice >



Return to Buyer Profile