Award of Banking Services Contract to Lloyds Bank by Welland Procurement Unit
Welland Procurement Unit · Awarded contract
AwardedAward of Banking Services Contract to Lloyds Bank by Welland Procurement Unit
Awarded 31 Mar 2018
Awarded31 Mar 2018
Value£28,000.00
SupplierLloyds Bank
AgencyWelland Procurement Unit
RegionEast Midlands
CategoryFinance & Insurance
Ended 3y 7mo ago5y term
Awarded 31 Mar 2018Expired 30 Mar 2023
About
Welland Procurement Unit awarded a contract to Lloyds Bank for money transmission banking services on behalf of Rutland County Council, including maintenance of bank accounts, cash and cheque handling, BACS and CHAPS transaction processing, and internet banking for balance/transaction reporting and payment initiation.
The contract value is £28,000, with an initial term of 5 years commencing 1 April 2018 and an option to extend for a further 2 years.
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Other similar contracts12
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$48,214
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Award of Banking Services Contract to National Westminster Bank PLC by Lichfield District CouncilFinance & InsuranceNATIONAL WESTMINSTER BANK PLC
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Award of Banking Services Contract to Lloyds Bank by Welland Procurement Unit
Won by Lloyds Bank · Welland Procurement Unit
£28Kawarded
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South Ayrshire Council — Provision of Banking and Merchant Services (Lot 1: Banking, Lot 2: Merchant)Finance & Insurance · Closes 26 Nov 2026
Secure Cash, Coin and Cheque Collection and Banking Services – Liverpool City CouncilFinance & Insurance · Closes 18 Nov 2026
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Key requirementsFrom 12 documents
Who can bidRegistered commercial cleaners
Mandatory criteriaPolice checks for staff on site
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Insurance£20M public liability
Key datesSite visit 14 Oct, closes 28 Oct
Est. value£1.2M – £1.8M
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