Award

Payment Solutions 2

CROWN COMMERCIAL SERVICE

This public procurement record has 6 releases in its history.

AwardUpdate

21 May 2024 at 16:21

AwardUpdate

23 Nov 2023 at 08:44

AwardUpdate

01 Dec 2022 at 12:37

Award

01 Dec 2022 at 11:41

Planning

24 Aug 2021 at 11:03

Planning

20 Aug 2021 at 13:51

Summary of the contracting process

The Crown Commercial Service has implemented a framework contract titled "Payment Solutions 2" for the provision of Payment Solutions for use by Central Government Departments and all UK Public Sector bodies. The framework entails multiple suppliers across three lots catering to Procurement Card, Prepaid Card, and Voucher solutions. This contract has an initial duration of 3 years with a possible 1-year extension, reaching its end on 31/10/2026. The total value of the agreement is £15 billion GBP. The procurement method employed is an open procedure above the threshold, with the tender period closing on 09/06/2022.

This public procurement contract offers significant business opportunities to service providers in the financial and insurance services sector. Small and medium-sized enterprises are particularly well-suited to compete for the opportunities arising from this framework. The contract is aimed at providing Payment Solutions on a multi-supplier basis, creating potential for business expansion across the UK, Europe, and beyond. Businesses interested in offering Procurement Card, Prepaid Card, and Voucher solutions will find this tender highly relevant due to its focus on fulfilling the needs of Central Government Departments and various UK Public Sector bodies.

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Notice Title

Payment Solutions 2

Notice Description

Crown Commercial Service (CCS) has put in place an agreement for the provision of Payment Solutions to be utilised by Central Government Departments and all other UK Public Sector bodies, including local authorities, health, police, fire and rescue, education and devolved administrations. The commercial agreement establishes a multi-supplier, multi-lot Framework Contract for the provision of Procurement Card, Prepaid Card and Voucher solutions across UK, Europe and Worldwide. The Framework has been spilt into 3 lots based on the solutions required. Lot 1 - will provide for the provision and maintenance of Procurement Cards which will enable the purchase of common goods and services. Lot 2 - will provide for the provision and maintenance of Prepaid Cards. Lot 3 - will provide for the provision of fully managed Closed Looped Voucher schemes. Additional information: This framework was put in place with an initial duration of 3 years plus an optional extension period of 1 year (3 + 1). Please note that the 1 year extension will be utilised and the end date of this framework is confirmed as being 31/10/2026

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-07901b8a-2f35-41d5-842e-571387596b13
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7349d80b-7663-450a-93fd-6ad74eb25cc9
Current Stage
Award
All Stages
Planning, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£15,000,000,000 Over £10B
Lots Value
Not specified
Awards Value
£15,000,000,000 Over £10B
Contracts Value
Not specified

Notice Dates

Publication Date
21 May 20241 years ago
Submission Deadline
9 Jun 2022Expired
Future Notice Date
31 Aug 2021Expired
Award Date
1 Nov 20223 years ago
Contract Period
1 Nov 2022 - 31 Oct 2026 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
CROWN COMMERCIAL SERVICE
Contact Name
The Minister for the Cabinet Office acting through Crown Commercial Service
Contact Email
supplier@crowncommercial.gov.uk
Contact Phone
+44 3450103503

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Post Town
Liverpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
Not specified

Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

A LIST OF SUCCESSFUL SUPPLIERS CAN BE FOUND IN THE ATTACHMENTS A

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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