Procurement - banking services framework: buyer guide

Framework benefits

Benefits of this framework include:

• competitive market rates
• pre-agreed terms and conditions
• dedicated framework management
• sharing of knowledge and best practice
• efficiencies in process and reduced duplication of procurement effort
• improved quality and coverage of service delivery

Framework scope

• bank accounts
• project bank accounts
• CHAPS, faster payments and foreign payments
• BACS
• receipts
• bulk processing centre deposits
• digital imaging
• charges
• cash withdrawals
• cheques
• stopped cheques and recalls
• pay-in books
• statements and payment information
• unpaid cheques
• foreign currency requirements
• overseas payments
• debit cards
• night safe facilities
• deposit box facilities
• branch networks
• electronic and internet banking

Out of framework scope

The following services are not included in the scope of this requirement:

• merchant acquiring services
• electronic purchasing cards

Procurement Reform (Scotland) Act 2014

Buyers are reminded of the obligations contained in the Procurement Reform (Scotland) Act 2014 in relation to the award of contracts valued equal to or greater than £50,000 including those awarded as a result of a framework call-off/mini competition.

In particular, buyers should note that in accordance with Section 23(2) the award of contracts must be publicised on the Public Contracts Scotland website and in accordance with Section 35 contracts must be registered in the contracting authority’s contracts register.