Source: https://tendernation.io/opportunities/01a13c5d-505b-701f-9d96-0e2dcc19788b/cambridgeshire-county-council-banking-services awarded GB open procedure # Cambridgeshire County Council: Banking Services [LGSS on behalf of Cambridgeshire County Council](https://tendernation.io/buyers/lgss-on-behalf-of-cambridgeshire-county-council) Estimated value £400,000 Published 14 Aug 2019 Deadline Closed 20 Sept 2019 ## Who can bid - Open procedure Anyone can submit a full tender; there is no shortlisting stage. ## About this tender Contract for the provision of banking services and associated services for Cambridgeshire County Council. This Contract is for 5 years, with an option to extend for 2 years, followed by a further 2 years followed by a final 1 year (making a maximum contract length of 10 years in total). The contract estimated start date will be 1st March 2020. The current estimated spend for such is £50,000 per annum. Potential Providers should note that this figure is an estimate and shall fluctuate depending on the numbers, types of transactions and any borrowing that may occur over the life of the agreement. Potential Providers should note that this figure is an estimate and shall fluctuate depending on the numbers, types of transactions and any borrowing that may occur over the life of the agreement. There will be no guarantee of work or volume of work to be given under this contract. The Authority requires a comprehensive money transmission banking service involving maintenance of Council, Pension Fund and school bank accounts, handling of paper, BACS and CHAPS clearing, cash processing and other activities associated with local authority banking business. The Authority will require an internet banking service for balance/transaction reporting and payment initiation. The Authority expects that the way the service is provided during the life of the contract may change as the market and the authority change its working practices and more digital Methods/ processes are adopted for receipts and payments. The Authority is not dividing this contract into lots as they wish to have one banking provider in order to provide economies of scale and ensure consistency within internal processes and contract management of the agreement where this is relevant. The Deadline for Potential Provider's Invitation To Tender clarification questions is Tuesday 3rd September 2019 Additional information: The tender documentation is available on the following tendering portal: [procontract.due-north.com/Home/About](https://procontract.due-north.com/Home/About) If Providers have any questions then they should utilise the messaging system with the LGSS Procurement Portal to raise any questions. Read full description ## CPV classification Banking and investment services Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/b65b55bf-d92d-4ec6-bed6-673f99fe5ca6) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. [Track tenders free](https://tendernation.io/register) [Buyer profile LGSS on behalf of Cambridgeshire County Council: past awards and live tenders](https://tendernation.io/buyers/lgss-on-behalf-of-cambridgeshire-county-council) [Sector More Financial & insurance services tenders](https://tendernation.io/sectors/financial-insurance-services) ## More tenders like this [Damage or loss insurance services – assurance dommages ouvrages extension de l'ehpad et construction d'une cuisine centrale de production - centre hospitalier de verneuil-sur-avre · GHT Eure-Seine Pays D'ouche · 29 days left · 17 Nov 2026](https://tendernation.io/opportunities/01a15183-6b5c-724b-be7f-eff29673117a/france-damage-or-loss-insurance-services-assurance-dommages-ouvrages-extensi) [Insurance services – Tjänstereseförsäkring · S:t Erik Försäkrings AB · 31 days left · 18 Nov 2026](https://tendernation.io/opportunities/01a15183-81c1-722d-a8ea-4818d01c8bfb/sweden-insurance-services-tjanstereseforsakring) [Contractor's all-risk insurance services – Projektversicherung DSD Starterpaket Scan-Med- München · Deutsche Bahn AG · 31 days left · 18 Nov 2026](https://tendernation.io/opportunities/01a15183-0890-71f6-bb29-30ad22e44545/germany-contractors-all-risk-insurance-services-projektversicherung-dsd-sta) [Health insurance services – Veselības apdrošināšana darbiniekiem · SIA "Rīgas ūdens" · 29 days left · 17 Nov 2026](https://tendernation.io/opportunities/01a15183-4248-70d4-abc2-63e1e16084f8/latvia-health-insurance-services-veselibas-apdrosinasana-darbiniekiem) [Insurance services – procedura aperta sopra soglia europea, DA aggiudicarsi CON IL criterio dell’offerta economicamente PIÙ vantaggiosa sulla BASE del miglior rapporto qualità/prezzo, PER l’affidamento DEI servizi assicurativi del co.s.i.b. consorzio PER LO sviluppo industriale della valle del biferno. · C.U.C. 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