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In deliveryUnited KingdomServicesFramework agreement£288,000,000Add to pipeline

B631/26 (NEPO531) – Provision of Banking Services

Awarded to BARCLAYS BANK PLC, Barclays Bank PLC, Lloyds Bank PLC +1 more

THE ASSOCIATION OF NORTH EAST COUNCILS LIMITED(buyer)

Published
Published 21 October 2022
Deadline
Closed 21 July 2023
See 3 live opportunitiesHow Skim finds tendersView original notice ↗

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Overview

Bridgend County Borough Council awarded a contract for the provision of banking services via the NEPO531 Framework to Barclays Bank PLC, Lloyds Bank PLC, and National Westminster Bank PLC on 25 November 2025 for a total value of £288,312,829.12. The contract is now in delivery.

Contracting authority

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Key details

Country
United Kingdom
Status
In delivery
Category
Services
Estimated value
£288,000,000
Procedure
Restricted procedure
Rules
Public Contracts Regulations 2015
Contract type
Framework agreement
Published
21 October 2022
Deadline
Closed
Classification (CPV)
Financial and insurance servicesBanking services

Award outcome

Awarded value
£288,312,829
Award date
25 November 2025
Contract period
— → 23 January 2032
Bids received
3
Winners
  • BARCLAYS BANK PLC
  • Barclays Bank PLC
  • Lloyds Bank PLC
  • National Westminster Bank PLC

This contract ends on 23 January 2032.

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Competition and scoring

Bids received

3

Open and restricted tenders in Financial and insurance services drew a median of 3 bids over the last 24 months; 21% received only one.

How bids were scored

Price 30% · Quality 70%

  • Quality70%
  • Price30%

Price and cost criteria in black, quality in blue.

Market context

Typical award in Financial and insurance services

£120,000

Median of 2,338 awards in the last 24 months

This award is 2402.6× the median.

THE ASSOCIATION OF NORTH EAST COUNCILS LIMITED in the last 12 months

51

contracts awarded, worth £2,022,168,135 in total

See their procurement profile →

Recent awards in Financial and insurance services

The latest contracts other buyers awarded under the same classification.

Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    2 December 2025

  2. Tender Update

    2 July 2025

  3. Contract

    5 March 2024

  4. Contract Notice

    21 June 2023

  5. Prior Information Notice

    21 October 2022

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