Source: https://tendernation.io/opportunities/01a13c04-0583-71c0-81ad-2f776c059baa/umc-010-banking-services

awarded GB open procedure Suitable for SMEs

# UMC 010 - Banking Services

[Shropshire Council](https://tendernation.io/buyers/shropshire-council)

Estimated value

£420,000

Published

18 Nov 2016

Deadline

Closed

16 Sept 2015

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

The Council required a money transmission banking service to include the maintenance of bank accounts, cash and cheque handling, BACS and CHAPS transaction processing and other services associated with local authority banking arrangements. An internet banking service for balance/transaction reporting and payment initiation was also required.

The banking arrangements included the requirements for Shropshire and Wrekin Fire Authority.

The contract is for an initial period of 5 years with the option to extend for a further 2 years. The contract will commence on 1 April 2016.

## CPV classification

Banking services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/d8703fae-adc8-11e6-9901-0019b9f3037b)

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