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Money Transmission (Banking) Contract

To authorise the Director of Business Transformation to re-tender and award this contract by 31st March 2016.

Decision type: Key

Reason Key: Expenditure > £300,000;

Decision status: Recommendations Approved

Notice of proposed decision first published: 04/12/2014

Decision due: 19 Jan 2015 by Executive Councillor for Transformation

Lead member: Executive Councillor for Transformation

Lead director: Director of Business Transformation

Department: Business Transformation

Contact: Steve Bevis, Accountant (VAT & Treasury) Email: stephen.bevis@cambridge.gov.uk.

Additional Information: This is a key decision and will automatically appear on the agenda.

Background Information: The Council's current supplier is HSBC Bank plc. A full tendering procedure has commenced. A contract period of 5 years will be awarded (with an option of up to a 5 year extension).

Decisions

Agenda items