📑Banking Services.
Procurement process summary
This process is to purchase Banking Services.
This contract was awarded by 🇬🇧 London Borough of Hackney for an amount of GBP 194,710 to 1 supplier. It was published on 2013-10-09 through open
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
Buying entity🇬🇧 London Borough of Hackney Buying unitnot reported Publication date2013-10-09 Contest statusnot reported DescriptionThe contract is for general money transmission banking services and includes maintenance of Council bank accounts, Faster Payments, BACS, CHAPS and paper clearing as well as cash handling. An internet banking service will provide balance/transaction reporting and payment initiation. The initial term of the contract is for five (5) years commencing 1.4.2014. There is an option to extend for up to three (3) years at the end of the initial term.Awards
This award was granted to Lloyds Bank Plc by London Borough of Hackney for an amount of GBP 194,710. The procurement process was conducted through open for the category of services. The award was granted on 2013-12-30. This is award number 1.
| Supplier | Amount | Award date | Award number |
|---|---|---|---|
| 🇬🇧 Lloyds Bank Plc | GBP 194,710 | 2013-12-30 | 1 |
Market context and opportunities
The execution of this contract allows the entity London Borough of Hackney to fulfill its public service objectives efficiently.
The open purchase modality ensures that the process is transparent and compliant with regulations.
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
This transparency in public procurement promotes fair competition, prevents corruption, and ensures that public resources are used efficiently for the benefit of citizens.
Additional data
Contract NumberUK_ocds-70d2nz-59591f63-17c7-4df7-8b29-41cecfc1ec6d-award-1Publication date2013-10-09Contract datenot reportedAward date2013-12-30CategoriesservicesPurchase modalityopenMethod detailspt_openStatusnot reportedData sources
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