Tender

Electronic Payments and Associated Services

PROCUREMENT ASSIST LIMITED C/O INTEGRATED FACILITIES MANAGEMENT BOLTON LTD (IFM BOLTON)

This public procurement record has 1 release in its history.

Tender

10 Jan 2025 at 15:05

Summary of the contracting process

Procurement Assist Limited, in partnership with Integrated Facilities Management Bolton Ltd (iFM Bolton), has initiated a selective tender process for a Dynamic Purchasing System (DPS) titled "Electronic Payments and Associated Services." This procurement, published on 10 January 2025, falls under the financial consultancy and transaction processing industry. The DPS, valued at £75 million, will extend its availability until 31 May 2029 and will cater to various contracting authorities, including NHS Trusts, social housing providers, local authorities, education institutions, and charities across the United Kingdom and some international regions. The procurement stage is active, and businesses need to submit their tenders before the DPS end date of 31 May 2029. The contract period will commence on 1 June 2029 and conclude on 2 June 2029.

This tender presents a substantial growth opportunity for businesses involved in financial consultancy and electronic transaction processing services. Small and medium-sized enterprises (SMEs) are particularly encouraged to participate due to the suitability criteria of the tender. Companies capable of delivering high-quality electronic payment solutions and related services can significantly benefit from this long-term contract, which spans multiple sectors and geographical locations. Businesses that can offer innovative solutions and maintain compliance with the specified requirements are well-suited to compete in this restricted procedure procurement process.

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Notice Title

Electronic Payments and Associated Services

Notice Description

PA invites organisations to participate in a 60-month DPS for the provision of Electronic Payments and Associated Services. The DPS will be accessible by all current and future members of PA. The DPS may be used by all NHS Trusts, Social Housing Providers, Local Authorities, Blue Light Services, Education, Charities and all other contracting authorities that are located in the United Kingdom including those listed in Schedule 1 of the Public Contracts Regulations 2015/102. Procurement Assist is publishing this Notice of Amendment made pursuant to the original Notice 2024/S 000-015947 to extend the DPS to 31 May 2029. The remaining information in relation to this DPS is unchanged.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0f4cf065-bcf1-4905-b9d0-5dbe529989e0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/444da54d-6b1c-47e9-b80c-e9876bde1457
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£75,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Jan 20251 years ago
Submission Deadline
31 May 20294 years to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 May 2029 - 2 Jun 2029 30 days
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
PROCUREMENT ASSIST LIMITED C/O INTEGRATED FACILITIES MANAGEMENT BOLTON LTD (IFM BOLTON)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BOLTON
Postcode
BL4 0JR
Post Town
Bolton
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD36 Greater Manchester North West
Delivery Location
Not specified

Local Authority
Bolton
Electoral Ward
Farnworth North
Westminster Constituency
Bolton South and Walkden

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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