Estimated Value
Not specified
Deadline
21 August 2020
Published
22 July 2020
Type
services
Overview
The Council requires a bank to provide a corporate banking service to manage the £2.2 billion funds that it receives and the estimated £1.2 billion that it pays out on an annual basis. The service must be capable of meeting the requirements of all divisional directorates across the Council, including a number of Lambeth schools.
The service must be capable of safeguarding the Council's financial assets, deliver ethical banking, whilst delivering value for money. The Council seeks to award a Banking Services Contract to commence on the 1 April 2021 for an anticipated term of 5 years to 31 March 2026 with the option to extend a further 2 years up to 31 March 2028.
Key dates
- Duration
- 5 years
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Buyer Profile
London Borough of LambethKey Dates
Published
22 July 2020
Submission deadline
21 August 2020
Notice type
tender
Source
contracts finder
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