Direct Award of Banking Contract

November 12, 2025 Chief Finance Officer (S151) (Officer) Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to ensure continuity of statutory function and value for money, a direct award for a three-year banking services contract, with the option to extend for one plus one years, was approved through the NEPO531 framework.

Full council record

Purpose

The Banking Contract is due to expire, the decision is to offer through NEPO531 framework a direct award for the banking contract for 3 years.

Decision

To offer a direct award through NEPO531 framework

Alternative options considered

Direct Award through NEPO531 Framework
Tender through NEPO531 Framework

Supporting Documents

Officer Decision Banking Contract.pdf

Details

OutcomeRecommendations Approved
Decision date12 Nov 2025