Award

Card Acquiring Services

UNIVERSITY OF LINCOLN

This public procurement record has 1 release in its history.

Award

19 May 2017 at 12:36

Summary of the contracting process

The University of Lincoln has successfully completed a public procurement process for Card Acquiring Services, which involves processing, authorisation, and settlement of debit and credit card transactions across various payment channels, including in-person, mail order, and online. The procurement method used was an open procedure, and the tendering phase concluded on 3rd May 2017. The awarded contract is valued at £300,000 and is set to run from 1st June 2017 until 31st May 2020. This procurement is classified under the banking services industry category and is located in the East Midlands, United Kingdom.

This opportunity presents a substantial potential for growth, particularly for businesses specialising in payment solutions, fintech services, and e-commerce transaction processing. Companies capable of delivering comprehensive card payment systems that meet the diverse needs of large institutions would be well-positioned to compete in future tenders of this nature. Additionally, firms with expertise in security and compliance within the financial sector may find the University of Lincoln's procurement processes particularly relevant for their services.

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Notice Title

Card Acquiring Services

Notice Description

The University has tendered for the provision of Card Acquiring Services for processing, authorisation and settlement of the University's debit and credit card transactions via all payment channels including: customer present (Chip and PIN/contactless payments), customer not present (Mail Order/Telephone Order) and online (e-commerce).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0fe29a81-98a7-4269-a2f0-b9d5d1801239
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/33b975e6-cf93-4688-9e32-296e77329665
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£300,000 £100K-£500K
Lots Value
Not specified
Awards Value
£300,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
19 May 20178 years ago
Submission Deadline
3 May 2017Expired
Future Notice Date
Not specified
Award Date
2 May 20178 years ago
Contract Period
31 May 2017 - 31 May 2020 3-4 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
UNIVERSITY OF LINCOLN
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LINCOLN
Postcode
LN6 7TS
Post Town
Lincoln
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF3 Lincolnshire
Small Region (ITL 3)
TLF30 Lincolnshire CC
Delivery Location
TLF East Midlands (England)

Local Authority
Lincoln
Electoral Ward
Boultham
Westminster Constituency
Lincoln

Supplier Information

Number of Suppliers
1
Supplier Name

GLOBAL PAYMENTS

Further Information

Notice Documents

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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