RFP QuestBeta
OpenStage · preprocurement 1009 days to close

Knowsley Council

Provision of Banking Services

Financial ServicesCPV 66000000 66100000
Value£193k
Deadline27 Apr 2029
Published27 Jun 2023
RegionLondon
Timeline
Published 27 Jun 20231009 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.

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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

1220 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.

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.

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.

Source & provenance
OCID
48780b2d-c604-4152-9694-eeb59072e477
Stage
preprocurement · Open
Source
Contracts Finder
Buyer ref
KNOWS001-DN651835-78482315
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

Market context

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Top suppliers & buyers in Financial & Insurance Services

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Knowsley Council’s tender network

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