TfW Banking Services
A Contract Award Notice
by TRANSPORT FOR WALES
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 35.5 month (est.)
- Value
- £1
- Sector
- BUSINESS
- Published
- 26 Mar 2026
- Delivery
- To 10 Mar 2029 (est.)
- Deadline
- n/a
Related Terms
Location
Pontypridd
2 buyers
- Transport for Wales Pontypridd
1 supplier
- HSBC UK Bank Cardiff
Description
We are looking to procure a contract that will deliver the banking services required for Transport for Wales (TfW) and its subsidiary organisations. TfW intends to award the contract by 1st April 2025. The new banking arrangements must be implemented and fully operational by 1st April 2026.
Total Quantity or Scope
We are tendering a banking services delivery partner to support Transport for Wales (TfW) and its subsidiary companies. TfW intends to award the contract by 1st April 2025 and the new banking arrangements must be implemented and fully operational by 31st March 2026. The contract will include full provision of money transition services – to include maintenance of bank accounts, cash and cheque handling, payment procession (domestic and international) and other services associated with public sector banking arrangements. An internet banking service for balance/transaction reporting and payment initiation will also be required.
Award Detail
| 1 | HSBC UK Bank (Cardiff)
|
Renewal Options
The volumes of services may change during the life of the contract.
Award Criteria
| Quality | 80.0 |
| PRICE | 20.0 |
CPV Codes
- 66110000 - Banking services
Indicators
- Options are available.
- Award on basis of price.
Other Information
Please register your interest in this opportunity via eTenderWales platform using the ITT reference below: itt_115177 project_58276 (WA Ref:163400)
Reference
- FTS 027846-2026