Source: https://tendernation.io/opportunities/01a13c61-9057-72f6-89bf-65aac48f6c06/banking-services

closed GB restricted procedure

# Banking Services

[London Borough of Lambeth](https://tendernation.io/buyers/london-borough-of-lambeth)

Estimated value

Not stated

Published

22 Jul 2020

Deadline

Closed

21 Aug 2020

## About this tender

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.

## CPV classification

Banking and investment services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/e42bb08f-99ea-4561-ba3b-5ae96c9ed2aa)

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