Award

Merchant Card Transaction Services

BOROUGH COUNCIL OF KING'S LYNN & WEST NORFOLK

This public procurement record has 1 release in its history.

Award

04 Apr 2023 at 15:30

Summary of the contracting process

The Borough Council of King's Lynn & West Norfolk has awarded a contract for Merchant Card Transaction Services. This procurement falls under the financial transaction processing and clearing-house services industry category. The tender, with a value of £350,000 GBP, was conducted through an open procedure. The contract period is set to run from May 1, 2023, to April 30, 2026, offering opportunities for businesses in the East of England region.

This tender by the Borough Council of King's Lynn & West Norfolk can be beneficial for businesses involved in financial transaction processing and clearing-house services. Small and medium enterprises (SMEs) are particularly suited to compete in this procurement process. With the contract awarded to Lloyds Bank plc, businesses in the region can explore partnerships or subcontracting opportunities to enhance their market presence and grow their operations in the specified industry category.

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Notice Title

Merchant Card Transaction Services

Notice Description

The Borough Council of King's Lynn & West Norfolk is inviting tenders for Merchant Card transaction services. The tender is divided into two lots for transaction processing, and a separate lot for card terminal provision and support.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1dc41cb0-6cdc-4c26-bda4-14503a9abd9b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5de608ee-6339-4f0a-b5d7-cb09ea1ff61e
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
SME
Awardee Scale
Large

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
£350,000 £100K-£500K
Lots Value
Not specified
Awards Value
£350,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Apr 20233 years ago
Submission Deadline
31 Oct 2022Expired
Future Notice Date
Not specified
Award Date
3 Mar 20233 years ago
Contract Period
30 Apr 2023 - 30 Apr 2026 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
BOROUGH COUNCIL OF KING'S LYNN & WEST NORFOLK
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
KING'S LYNN
Postcode
PE30 1EX
Post Town
Peterborough
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH52 North and West Norfolk
Delivery Location
Not specified

Local Authority
King's Lynn and West Norfolk
Electoral Ward
St. Margaret's with St. Nicholas
Westminster Constituency
North West Norfolk

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANK PLC T/AS LLOYDS BANK CARDNET

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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