Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Merchant Services

Durham University

This public procurement record has 2 releases in its history.

Award

22 Jul 2019 at 15:53

Award Notice
Tender

01 May 2018 at 09:07

Tender Notice
Summary of the contracting process

Durham University is seeking a supplier for its Merchant Services, pertaining to PCI DSS compliance and related banking services. This tender, classified under banking services, will run for an initial four-year period from 27th August 2018, with an option to extend for an additional two years. The procurement method is an open procedure, with the tender period closing on 1st June 2018. The contract value is estimated at £740,000, and the service will be exclusively for Durham University, located in Durham, North East England.

This tender presents significant opportunities for businesses specialising in banking services, particularly those equipped to provide Point to Point Encryption (P2PE) terminals, as this is a requirement for consideration. Suppliers that can deliver competitive interchange pricing and meet the specific compliance standards set by the university will be well-suited to respond. The expectation for a clarification meeting further opens avenues for direct engagement, making this an ideal opportunity for experienced service providers looking to expand their clientele within the educational sector.

How relevant is this notice?

Notice Information

Notice Title

Merchant Services

Notice Description

Durham University have a requirement for a supplier who can provide PCI DSS (Payment Card Industry Data Security Standards) Merchant Services to ensure the University remains compliant with all regulatory standards. In addition to ensuring the University remains compliant, improved value for money is also a key driver behind this tender opportunity along with the desire for high quality management information. Tender responses should include interchange plus plus pricing for card transactions and all other aspects of the service to be provided directly or any associated third parties including terminal costs, regular fees, DCC rebate and non-secure activity etc. As part of the evaluation process, you may be expected to attend a clarification meeting at the University scheduled for 18/07/2018. Suppliers are asked to ensure that they can attend such a meeting on this day. Further details will follow in due course of process. The contract will run for a period of 4 year with an option of a 2 year extension on a year by year basis. The contract will be for sole use of Durham University. Potential suppliers must offer and support Point to Point Encryption (P2PE) terminals. The University will not consider tender submissions from suppliers who do not offer and support P2PE terminals. Please click on the following link to see all of the documentation and or to express an interest: http://events.transaxions.com/service.aspx?event=6773 Additional information: Potential suppliers must offer and support Point to Point Encryption (P2PE) terminals. The University will not consider tender submissions from suppliers who do not offer and support P2PE terminals. As part of the evaluation process, you may be expected to attend a clarification meeting at the University scheduled for 18/07/2018. Full tender documents and to submit a tender, please see the link below: http://events.transaxions.com/service.aspx?event=6773

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1080bdad-747a-4386-984d-a90529c39bd1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/840a11f0-b98e-4e3d-b6f5-2cdc0f98b804
Current Stage
Award
All Stages
Tender, 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
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
£740,000 £500K-£1M
Lots Value
Not specified
Awards Value
£1,311,997 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
22 Jul 20197 years ago
Submission Deadline
1 Jun 2018Expired
Future Notice Date
Not specified
Award Date
23 Jan 20197 years ago
Contract Period
19 Jul 2019 - 31 Mar 2025 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Durham University
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DURHAM
Postcode
DH1 3LE
Postcode Area
Durham
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC41 Durham
Delivery Location
TLC North East (England)
Local Authority
County Durham
Electoral Ward
Neville's Cross
Westminster Constituency
City of Durham

Supplier Information

Number of Suppliers
1
Supplier Name

U.S. BANK EUROPE DAC

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...