LGSS on behalf of Cambridgeshire County Council · Awarded contract
Awarded

Provision of Banking Services to Cambridgeshire County Council

Awarded 01 Mar 2020

View live tenders
Awarded01 Mar 2020
Value£685,845.00
SupplierNational Westminster Bank plc
AgencyLGSS on behalf of Cambridgeshire County Council
RegionEast of England
CategoryFinance & Insurance
Expires in 2y 4mo9y term, 74% elapsed
Awarded 1 Mar 2020Expires 28 Feb 2029

About

LGSS on behalf of Cambridgeshire County Council awarded a contract to National Westminster Bank plc for the provision of comprehensive money transmission banking services, including maintenance of Council, Pension Fund and school bank accounts, handling of paper, BACS and CHAPS clearing, cash processing, and internet banking for balance/transaction reporting and payment initiation.

The contract is for 5 years, with options to extend for 2 years, followed by a further 2 years, and a final 1 year, making a maximum contract length of 10 years, with an estimated start date of 1st March 2020.

The estimated spend is £50,000 per annum, though this figure may fluctuate based on transaction types and borrowing.

The contract value is £685,845.

The Authority did not divide the contract into lots to ensure economies of scale and consistency.

Similar open tenders12

Secure Cash, Coin and Cheque Collection and Banking Services – Liverpool City CouncilFinance & Insurance
18 Nov 2026
Secure Cash and Valuables Collection and Banking Services – Liverpool City CouncilFinance & Insurance
18 Nov 2026
Banking and Merchant Payment Services Contract – South Ayrshire CouncilFinance & Insurance
26 Nov 2026
Pension Administrative Services for Bank Employees – 6+5 Year Contract (£9M–£14M)Finance & Insurance
08 Feb 2027
South Ayrshire Council — Provision of Banking and Merchant Services (Lot 1: Banking, Lot 2: Merchant)Finance & Insurance
26 Nov 2026
Online Legal Research and Know‑How Service for Westminster City Council and Royal Brough of Kensington and CheleaConsultancy & Legal
06 Nov 2026
Wiltshire Council Water and Wastewater Services Contract – Commencing June 2027Water & Sanitation
06 Nov 2026
Fair Value and Expected Credit Loss Calculations for Warwickshire County Council Non-Treasury InvestmentsConsultancy & Legal
27 Nov 2026
Valuation Reports for Non-Treasury Investments – Fair Value & Expected Credit Loss for Warwickshire County CouncilFinance & Insurance
27 Nov 2026
Children's Direct Payment Support Service – Cumberland Council (from 1 April 2027)Public Services & Welfare
25 Nov 2026
Open Banking Services for UK Central Government and Public Sector – Data, Digital Payments & Confirmation of PayeeFinance & Insurance
07 Jan 2032
Supported Living Services at Aldbanks – Central Bedfordshire CouncilPublic Services & Welfare
05 Nov 2026

Other similar contracts12

Provision of Banking Services to Dorset CouncilFinance & InsuranceNational Westminster Bank plc
$1,200,000
Provision of General Banking and Money Transmission Services to Leicestershire County CouncilFinance & InsuranceNational Westminster Bank Plc
$400,000
Banking Services Contract Awarded to National Westminster Bank PlcFinance & InsuranceNational Westminster Bank Plc
$213,321
Provision of Banking Services to London Borough of SouthwarkFinance & InsuranceNational Westminster Bank
$640,000
Provision of General Banking Services to Leicestershire County CouncilFinance & InsuranceNatwest Group
$90,000
Award of General Banking Services Contract to National Westminster Bank PLC by Leicestershire County CouncilFinance & InsuranceNational Westminster Bank PLC
$400,000
Provision of Banking Services to Cumberland CouncilFinance & InsuranceNational Westminster Bank
$144,027
Provision of Banking Services for Cumbria Local Government Pension SchemeFinance & InsuranceNational Westminster Bank
$31,558
Provision of Banking Services to Shropshire CouncilFinance & InsuranceNational Westminster Bank Plc
$279,881
Award of General Banking Services Contract to National Westminster Bank LtdFinance & InsuranceNational Westminster Bank Ltd
$100,000
Provision of Banking Services to Chichester District CouncilFinance & InsuranceNATIONAL WESTMINSTER BANK PLC
$90,000
Award of Banking Services Contract to NatWest by Central Bedfordshire CouncilFinance & InsuranceNatWest
$220,000

Unlock the full platform.

7 days free, then £36/GBP per month. Cancel anytime.

What you get

Find

Find finance and insurance tenders in East of England in one place.

We monitor central, devolved and local government portals in near real time and update the feed as tenders are published, so you check one place instead of many.

Search by keyword, or describe your workType a keyword, or switch to AI search and say what your business does.
Narrow it downFilter by category, region and area, or view open tenders on a map.

Alerts

Open tenders like this contract, sent to you.

Tell us what you are looking for and we email you when a matching tender is published.

Set it up your wayUse keywords, a description of your work, a location or a distance from a postcode. Up to 10 alerts.
Instant or dailyGet an email when a match is published, or one summary a day.

Assess

Size up a tender in minutes.

Before you open a single document, get the requirements, a likely value and who you would be up against.

Requirements from the documentsWho can bid, mandatory criteria, how it is scored, insurance and key dates, each with its source.
Value and competitionAn estimated value from similar awarded contracts, and the suppliers most likely to bid.

Market

Follow National Westminster Bank plc and get alerts when they win again.

Awarded contracts with the supplier and the value, so you can check prices, spot competitors and find work that is coming back to tender.

Supplier and buyer profilesWhat each one has won or awarded, who they work with, and how that is changing.
Contracts ending soonTerms that finish in the next 12 months, which often go back out to tender.

Pipeline

Track your bids from interested to won.

Save a tender in one click and move it through each stage as you work on it.

Work as a teamInvite colleagues so you work from the same list.
Take it with youExport tenders and matches to CSV.

GovBot

Ask a question in plain English.

Find tenders, look up a supplier, or check who won a contract. Just type what you need.

Get started

Get finance and insurance tenders in East of England by email.

Find the tender, size it up and track the bid, in one place.

7 days free, then £36/GBP per month

Have a question? message us →

7 Day Free Trial

The Gov procurement market in your hands. Cancel anytime.

Save up to 30%
Pro
For solo operators
£36/ month
Billed monthly
  • Live feed of gov tenders & contracts
  • AI-matched tender recommendations
  • Full search, filters, and watchlists
  • 1 user account
Team
For growing teams
£119/ month
Billed monthly
  • Everything in Pro
  • Up to 10 team members
  • Shared watchlists & alerts
  • Priority support
Enterprise
For larger organisations
Custom
Tailored to your team
  • Everything in Team
  • Unlimited seats
  • Dedicated account manager
  • Custom integrations & SSO

1400+ businesses have joined GovMarket

IBMKPMGEYRSMBechtelFreyssinet

You're In — Free Trial Activated

You now have full access to GovMarket Premium for 7 days. You’ll be charged at the end of the trial unless you cancel.

  • Tell Us What You Do — We'll surface the tenders that are most relevant to your business.