Banking Services

Aberdeenshire Council
Scotland
19 December 2024 to 20 December 2027

Provision of comprehensive banking services for three separate local authorities, with each council maintaining an individual contract with the provider. The scope includes the management of interest-bearing accounts and associated financial transaction services. The contract value excludes estimated interest generated by these accounts.

Open the official notice

Awarded value: £1m; As published
Published: 30 May 2024; Find a Tender
Awarded: 19 December 2024; Clydesdale Bank PLC
Contract length: 36 months; Ends 20 December 2027

What the buyer is asking for

Provision of commercial banking and financial transaction services for local government authorities and public sector organisations.

Lifecycle

Publishedon Find a Tender
30 May 2024
Contract awardedto Clydesdale Bank PLC
19 December 2024
Contract starts
19 December 2024
Contract ends
20 December 2027

Similar cash management contracts

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See the cash management market: prices, buyers and who wins →

The buyer

Type: Council
Cash management contracts, 24 months: 1
Open cash management tenders: 0
Typical cash management contract: £1m

See everything Aberdeenshire Council buys →

How it compares

6.2× the typical cash management contract (£165k).

Cite this contract

Link: https://bidskim.com/tender/3137454/banking-services
Buyer reference: CRM00019845
Source: Find a Tender
Last checked: 12 October 2026

Aberdeenshire Council. Banking Services. Contract award, 30 May 2024. BidSkim, https://bidskim.com/tender/3137454/banking-services (accessed 12 October 2026).