Contract award · 11 Mar 2026

PAN3214 - Banking Services

Leicester City Council awarded “Banking Services” to Barclays Bank Plc for £600k on 11 Mar 2026. Awarded without open competition.

No competitionFinancial & insurance servicesEast Midlands

Value £600k

Awarded without open competition

Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.

What “without competition” means

Key facts

Buyer
Leicester City Council · Regional or local authority
Value
£600,000
Procedure
Direct award
Sector
Financial & insurance services · Financial and insurance services (CPV 66000000)
Timeline
  1. Contract date11 Mar 2026
  2. Published11 Mar 2026Published the same day

Description

Leicester City Council has entered into a contract for the provision of their banking services. For a term of 4 years with an option to extend for a further 4 years. The award is in accordance with the NEPO531 Framework Agreement for the provision of General Banking Services

About the supplier

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Sector overview