NEPO · Awarded contract

Awarded

Award of General Banking Services Framework to Barclays, Lloyds, and NatWest

Awarded 14 Mar 2024

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Awarded14 Mar 2024

Value£0.00

SupplierBarclays Bank Plc,Lloyds Banking Group PLC,National Westminster Bank plc

AgencyNEPO

RegionUnited Kingdom

CategoryFinance & Insurance

Expires in 1y 4mo4y term, 66% elapsed

Awarded 14 Mar 2024Expires 13 Mar 2028

About

NEPO awarded a multi-supplier framework contract to Barclays Bank Plc, Lloyds Banking Group PLC, and National Westminster Bank plc for the provision of general banking services.

The framework covers core transactional banking arrangements, including bank account structures for outgoing payments such as creditor cheques, CHAPS, BACS, direct debits, standing orders, balance requests, foreign currency, commission charges, and associated interest payments.

It also includes ancillary services such as receipt accounts, rent allowance accounts, wage accounts, petty cash and imprest accounts, and treasury deposits.

Contracting authorities can manage all account facilities and related services via a secure online banking platform.

The procurement was conducted under PCR 2015 using an RFQ process.

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