Award

Merchant Acquiring-Card Income Acquirer Contract

STAR PROCUREMENT

This public procurement record has 1 release in its history.

Award

28 Jan 2025 at 13:50

Summary of the contracting process

STAR Procurement has completed a public procurement process titled "Merchant Acquiring-Card Income Acquirer Contract," which falls under the Financial and Insurance Services category. This contract involves providing Merchant Numbers (MIDs) and the necessary merchant bank infrastructure for Trafford Council to handle debit/credit card payments. Located in Sale, England, with postal code M32 0TH, this procurement process utilised a selective procurement method, specifically a call-off from a framework agreement. The procurement stage is currently at the Award stage, with key dates including the end of the tender period on 1st September 2024 and the contract period running from 1st October 2024 to 30th September 2029. The total value of the awarded contract is £440,000 GBP, and the supplier is Lloyds Banking Group (Cardnet).

This tender presents significant opportunities for businesses specialising in financial services and merchant banking infrastructure. The contract's long duration of five years provides a stable business growth opportunity for the awarded supplier, Lloyds Banking Group (Cardnet), and positions them strategically within the local authority's payment systems. Companies that excel in secure, reliable, and efficient card payment processing would be well-suited to compete in similar future tenders. Although the current contract is completed, other businesses in the industry could consider partnering with such authorities or exploring framework agreements to position themselves for upcoming tender opportunities.

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Notice Title

Merchant Acquiring-Card Income Acquirer Contract

Notice Description

Provision of MIDs (Merchant Numbers) and the merchant bank infrastructure that allows Trafford Council to take debit/credit card payments.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-31da6c36-3e05-48b3-ac5b-2db75e1df771
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8ed0205b-0c9c-48ae-8704-76e6df8696a1
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
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

Notice Value(s)

Tender Value
£1
Lots Value
Not specified
Awards Value
£440,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jan 20251 years ago
Submission Deadline
1 Sep 2024Expired
Future Notice Date
Not specified
Award Date
5 Sep 20241 years ago
Contract Period
30 Sep 2024 - 30 Sep 2029 Over 5 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
STAR PROCUREMENT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SALE
Postcode
M33 7ZF
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
Not specified

Local Authority
Trafford
Electoral Ward
Sale Central
Westminster Constituency
Wythenshawe and Sale East

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANKING GROUP (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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