Decision details

Banking Services Contract

Decision Maker: Cabinet Member for Finance and Performance

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes


Contractual arrangements for Corporate Banking Services


1.    To approve award of a contract to NatWest Bank to commence on the 1 April 2021 for a period of five years to 31 March 2026 at an annual contract cost of £75,000 and total cost of £375,000.


2.    To approve an option to extend the contract for a further 24 months from 1 April 2026 to 31 March 2028 for an additional £150,000 and an estimated total contract cost of £525,000.   


Publication date: 25/11/2020

Date of decision: 08/12/2020

Effective from: 16/12/2020

Accompanying Documents: