Tender

Tate Galleries - Full-service payment provider

TATE GALLERY

This public procurement record has 1 release in its history.

Tender

10 Sep 2021 at 19:15

Tender Notice
Summary of the contracting process

The Tate Gallery, located in London, has initiated a tender process for a full-service payment provider, with a total estimated value of £45 million. This procurement falls under the financial transaction processing and clearing-house services category and is currently at the Tender stage. The tender period is set to conclude on 4th October 2021, with the contract period expected to run from 8th November 2021 to 7th November 2024. The procurement method used in this process is selective, employing a negotiated procedure.

This tender presents a valuable opportunity for businesses specialising in payment processing and financial services to engage with a prestigious institution like the Tate Gallery. Companies that can demonstrate exceptional product offerings paired with outstanding service and innovative solutions would be particularly well-suited to apply. Small and medium-sized enterprises (SMEs) are encouraged to participate, especially those that can meet the Tate's requirement for a long-term partnership to enhance customer experience and operational efficiencies.

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Notice Information

Notice Title

Tate Galleries - Full-service payment provider

Notice Description

Tate is embarking on an ambitious and wide-reaching transformation of its customer-facing and revenue-generating systems. One of the key projects within this programme of change is to consolidate the existing disparate payment processors serving our various business functions and replace them with a single full-service payment service provider. This project will enhance our customer experience across all touchpoints, unlock various strategic initiatives, enable joined-up reporting across the business, and offer a more attractive commercial proposition to Tate through lower fees afforded by economies of scale. Tate are seeking a long-term partner who will be able to provide a first-class product backed up by outstanding service and account management, and who will not just enable our roadmap and aspirations but also challenge us to go beyond our boundaries and continuously build and innovate so that we maintain our sector-leading proposition.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1b1090c9-1e79-42d8-8cc3-9725d4e5b9ae
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1c8c23b4-6e07-4035-b396-67925207c6e6
Current Stage
Tender
All Stages
Tender

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£45,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Sep 20214 years ago
Submission Deadline
4 Oct 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
8 Nov 2021 - 7 Nov 2024 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
TATE GALLERY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1P 4RG
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
Vincent Square
Westminster Constituency
Cities of London and Westminster

Further Information

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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