Award

Merchant Acquiring Services

SCARBOROUGH BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

Award

26 Jan 2017 at 16:00

Award Notice
Tender

18 Nov 2016 at 20:17

Tender Notice
Summary of the contracting process

The Scarborough Borough Council is seeking a provider for Merchant Acquiring Services, a contract aimed at processing credit and debit card transactions across various council facilities, as well as for online and telephone transactions. The procurement is currently in the contract award stage, following a transparent open procedure. The initial contract period commenced on 1st April 2016 and is set to conclude on 31st March 2020, with an opportunity for a three-year extension. The total contract value is projected at £560,000, with a minimum value of £320,000, and is classified under financial and insurance services within the Yorkshire and the Humber region.

This procurement presents a lucrative opportunity for businesses specialising in financial transaction processing and related services. Companies that can deliver efficient payment solutions and possess experience in working with local government entities would be particularly well-suited to engage in this tender. The successful bidder will have the chance to establish a long-term partnership with Scarborough Borough Council, potentially enhancing their market presence and capacity to manage substantial transaction volumes.

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Notice Information

Notice Title

Merchant Acquiring Services

Notice Description

Scarborough Borough Council requires a financial transaction processing provider for the collection of credit and debit card transactions at a number of Council facilities and for online/telephone transactions (Customer Not Present). The contract is for a four year period with the option to extend for a further three years at the Councils discretion.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-166b0bf0-adc9-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ad3762d3-ef26-4eda-b912-09550138def5
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
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£560,000 £500K-£1M
Lots Value
Not specified
Awards Value
£176,508 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jan 20179 years ago
Submission Deadline
18 Jan 2016Expired
Future Notice Date
Not specified
Award Date
15 Mar 20169 years ago
Contract Period
14 Apr 2016 - 26 Jan 2017 6-12 months
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
SCARBOROUGH BOROUGH COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SCARBOROUGH
Postcode
YO11 2HG
Post Town
York
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE2 North Yorkshire
Small Region (ITL 3)
TLE22 North Yorkshire
Delivery Location
TLE Yorkshire and The Humber
Local Authority
North Yorkshire
Electoral Ward
Castle
Westminster Constituency
Scarborough and Whitby

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANK CARDNET

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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