Decision details
Authority to award contracts for banking services, card acquiring and bill payment services
Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To award the contracts for the financial services of Banking, Card Acquiring and Bill Payment Services in October, currently outsourced, following an OJEU tender using the Open Procedure as the market place is restricted due to Financial Services Authority (FSA) regulations, for 5 year period with an option to extend.
Decision:
i. that a contract for the provision of banking services be awarded for five years with an optional two year extension to National Westminster Bank Plc, to commence on 1 April 2011;
ii. that the contract for Card Acquiring be awarded for five years three months with an option to extend for two years to National Westminster Bank Plc to commence on 2 January 2011;
iii. that a contract for Bill Payment Services be awarded for five years with an option to extend for two years to allpay Limited to commence on 1 April 2011.
Wards Affected: (All Wards);
Other reasons / organisations consulted
Internal
Contact: Karen Dobson, Procurement and Risk Management Email: karen.dobson@brent.gov.uk Tel: 020 8937 1628.
Report author: Karen Dobson
Publication date: 19/10/2010
Date of decision: 18/10/2010
Decided at meeting: 18/10/2010 - Executive
Effective from: 26/10/2010
Accompanying Documents:
- fcs-banking PDF 85 KB
- fcs-banking-app1 PDF 56 KB
- Restricted enclosure View reasons restricted
- fcs-banking-app3 PDF 49 KB
- Restricted enclosure View reasons restricted