Merchant Acquirer
£1,710,000 — awarded.
This is a contract result notice, not an open opportunity. Details from the official award data.
This is a large award for Financial & Insurance Services — above three-quarters of comparable contracts. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.
The contract includes the provision of merchant acquiring for all card transactions apart from student fees, which are managed separately.
Both online CNP and in-person CP transactions are included.
The provision of physical infrastructure for CP payment acceptance is also included, along with capability for a very small volume of MOTO payments keyed into terminals directly by staff.
Student fee processing and associated merchant acquiring are excluded as these are managed separately. ****UPDATE**** Previous Open FTS Tender was abandoned due to no acceptable tenderers.
PCR 2015 Reg 32(2)(a) allows for a contract to be entered into via negotiation without further competition where ‘no suitable tenders’ were received.
This contract was negotiated with the incumbent supplier to ensure that the services continue.
What the notice asks for
This contract was negotiated with the incumbent
This contract was negotiated with the incumbent supplier to ensure that the services continue.
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- OCID
- ocds-h6vhtk-041c54
- Stage
- award · Awarded
- Source
- Find a Tender
- Buyer ref
- 029649-2024
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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