Public procurement notice: Contract Notice
Published: 2017-03-09
Buyer: East Renfrewshire Council
Country: UK
Region: Inverclyde, East Renfrewshire and Renfrewshire
Contract type: Services
Procedure: Open procedure
CPV classification: 66110000
Submission deadline: 2017-04-10
Award criteria: The most economic tender

Technical requirements: East Renfrewshire Council (ERC) and East Renfrewshire Culture and Leisure Trust (ERCL) are currently inviting tenders, from suitably qualified companies for the provision of banking services.
East Renfrewshire Council is currently inviting tenders, from suitably qualified companies for the supply of the following requirements, Supply of Banking Services. The Council is aware that the banking sector is consistently developing its services. The flexibility to enjoy the benefits of any developments would be expected from the successful tender.
Companies are required to be authorised by Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
To establish the financial standing of a potential Tenderer, the Council will firstly take into account a risk report provided independently by Credit Safe. Within such reports, the risk of business failure is expressed as a score of 30 or below (high risk of business failure). In the event that a company is determined to have a risk failure rating of 30 and below i.e. that the company is considered to have a high risk of business failure, the submission will not be considered further.
For the avoidance of doubt, the Council will request a report from Credit Safe following the closing date for the receipt of the Tenders to ensure that the most up to date information is used. Where you are not register on credit safe e.g. charitable organisations or new start companies/ Sole Traders with less than 3 years trading history, discretionary powers are available to the Head of Accountancy to consider abbreviated accounts along with banker's references etc.
Tenderers should be aware that any outstanding County Court Judgements will have a detrimental effect on the rating held by Credit Safe and it is your responsibility to ensure that the information held by Credit Safe is accurate and up to date — failure to do so will result in rejection of your submission.
Companies are required to be authorised by Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Option to extend for up to 2 extensions of up to 12 months each, thereafter a new procurement exercise will be advertised through Public Contracts Scotland.
Bidders responding to this opportunity must note that information contained within the Tender Information Pack is a condition of contract. If you respond to this opportunity it will be taken that you have read and agree to all information contained within the pack. If at a later point you advise you cannot comply the Council reserve the right to remove you from the contract. Tender Information Pack can be found in the supplier attachment area of the PCS-Tender Portal.
Authorised by Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Please note the contract value for the 36 month period is estimated at 294 000 GBP however should the option to extend for up to a further 2 extensions of up to 12 months each the estimated contract value is around 490 000 GBP.
The Buyer is using PCS-Tender to conduct this ITT exercise. The Project Code is 7344. For more information see: https://www.publictendersscotland.publiccontractsscotland.gov.uk/esop/pts-host/public/pts/web/login.html
The buyer is using PCS-Tender to conduct this ITT exercise. The Project code is 7344. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343
Community benefits are included in this requirement. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2361
Tenderers responding to this opportunity will be required to confirm their compliance with the following in order to be considered further. Should you advise that you are unwilling to confirm compliance your bid will be removed from this exercise without further consultation?

Eligibility requirements: Companies are required to be authorised by Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.