Banking services

Tender description

Sefton Council is seeking to renew its contract for the provision of banking services and merchant acquiring services. The period of contract will be 1 April 2021 to 31 March 2024 plus 2 one year optional periods. The Council’s banking arrangements and merchant services with the successful contractor or contractors will be conducted in accordance with all relevant statutory requirements including in particular the Local Government Finance Acts 1988 and 1992 and the Education Reform Act 1988, and all Regulations made under these Acts. The contract has been placed into two lots. Lot 1 for Banking Services, and Lot 2 for Merchant Acquiring Services. Tenders can be for: • either of lots 1 and 2 • lots 1 and 2 together. The Metropolitan Borough of Sefton services a population of over 275 000 and employs approximately 2 696 full time equivalent staff. With total gross expenditure of GBP 629 million it is one of the largest metropolitan boroughs in the country and requires a range of banking services and merchant services, as detailed in this tender. Provision of banking services. Provision of merchant acquiring services.