Contract awardedContracts FinderCash management

Banking Services - AWARD

The contract covers the provision of core banking services for a consortium of local authorities and their subsidiaries. The service requires the successful provider to manage individual contracts for each participating authority while maintaining a unified service delivery model. The scope encompasses standard public sector banking requirements, including transaction processing and account management, across a multi-year term.

Awarded value
£1.8m
As published
Published
25 November 2024
Contracts Finder
Awarded
12 November 2024
Barclays
Contract length
60 months
Ends 10 November 2030

What the buyer is asking for

Provision of comprehensive commercial banking services for multiple local government authorities and their associated subsidiaries across the Norfolk region.

Category: Banking services

Lifecycle

  1. Publishedon Contracts Finder
  2. Contract awardedto Barclays
  3. Contract starts
  4. Contract ends

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The buyer

Type
Council
Cash management contracts, 24 months
1
Open cash management tenders
0
Typical cash management contract
£1.8m

See everything Norfolk County Council buys →

How it compares

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

Cite this contract

Link
https://bidskim.com/tender/5432/banking-services-award
Buyer reference
IT-217-2912-NCCT42789 - AWARD
Open contracting ID
ocds-b5fd17-0455e72b-b5ed-4ef8-a449-ec9376f5f79a
Source
Contracts Finder
Last checked
12 October 2026

Norfolk County Council. Banking Services - AWARD. Contract award, 25 November 2024. BidSkim, https://bidskim.com/tender/5432/banking-services-award (accessed 12 October 2026).