North Lincolnshire Council banking on Barclays switch to making savings (updated)
North Lincolnshire Council - with a multi-million pound budget - is changing to banking with Barclays.
The council had been served by the National Westminster Bank since 1996, but that contract ended in March this year.
Tenders to handle the council's account were "evaluated on cost and quality" and Barclays accepted, being the lowest cost compliant tender and also demonstrating the highest quality.
The council receives more than £420 million in income, which generates around 55,000 banking transactions.
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The local authority says that entering into a five-year banking contract with Barclay's will save £30,000.
A council spokesman added: ""Due to the current banking contract coming to an end in March 2012, the council is currently in the process of changing the bank account from Natwest to Barclays Bank.
"Tenders to handle the council's account were evaluated on cost and quality and Barclays was accepted, being the lowest cost compliant tender and also demonstrating the highest quality.
"Phased implementation of the change will occur from 30 May 2012 with full implementation anticipated by 1 July 2012.
"The council will be contacting those directly affected by the banking change from mid May through to June."
The council looks set to waste not time in trying to sell off the former Register Office premises in Scunthorpe.
This service has just been moved to newly-created facilities at the Civic Centre, off Ashby Road.
And unless some function within the council comes up with a worthwhile alternative use for 92 Oswald Road, it will be sold off.
That course of action has been approved by Deputy Leader Councillor John Briggs, who oversees asset and estate management.
In addition to the registrar's section, 92 Oswald Road also housed health, welfare and safety staff, who are moving base to Hewson House in Brigg.