OpenStage · preprocurement 974 days to close

Provision of Banking Services

Financial ServicesCPV 66000000 66100000

Value£193k

Deadline27 Apr 2029

Published27 Jun 2023

RegionLondon

Timeline

Published 27 Jun 2023974 days leftCloses 27 Apr 2029

Contract value in context

£193ktotal contract value

median £150k

this tender£0£4.7m

This sits in the upper-middle of the Financial & Insurance Services band — a substantial contract for the sector. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

When this comes round again

Knowsley Council has published 905 notices across all categories, and 60% of its awards go to a supplier it has used before.

Which is the argument for getting on the list rather than winning this one. The incumbent is rarely the last winner — it is the roster. See the retention odds by category →

Match for your company

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The brief

The current five-year banking contract with Barclays Bank Plc expired at the end of March 2022.

However, as the system was running smoothly and the Council was satisfied with the service it was receiving, a 12-month extension was approved by the Head of Finance and Managing Director of Volair Ltd on 7 January 2022 in line with the original tender.

The cost of the contract reflects the number and nature of transactions processed and facilities used, and so varies every year.

What it takes to bid this

12–20 daysof bid-team effort

£8.2k–£13.7kat typical UK bid-team rates

Typical UK bid effort for the £100k–£1m band — an estimate, not a quote.

Qualify & bid/no-bid ~10% · SQ / PQQ ~20% · Written response ~55% · Review & presentation ~15%

Typical for this category — confirm against the ITT pack

Show at bidComparable references / case studies
Hold at bidFinancial standing (accounts, often ~2× contract value turnover)
Hold at bidInsurance cover (PL / EL, often PI)
Show at bidSocial value commitments

Hold at bid = pass/fail conditions of participation. Show at bid = scored in the quality response. Plan for delivery = contract obligations from day one.

Short a bid team? Get matched and we’ll help you scope the bid →

Buyer intelligence

Make the case to bid

Reveal who to approach at Knowsley Council, and generate a go-to-market strategy from their news, accounts and people.

Free to start. Named contacts come from published notices; the strategy is generated from the buyer’s news, accounts and people.

Deep dive · beta

The full intelligence dossier

Our agent reads Knowsley Council’s accounts, hunts live signals, finds the people who decide — and hands you a bid strategy plus a go-to-market influence plan, including what your team should post this week. You approve every paid step.

Five included while we’re in beta, and the agent asks before it spends on any paid step.

Source & provenance