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Award notice only - In store payment services for consumers, retailer services as well as secure mobile & online multi-channel payment solutions for businesses

North Tyneside Council

This public procurement record has 1 release in its history.

Award

27 Feb 2018 at 12:36

Award Notice
Summary of the contracting process

The procurement process led by North Tyneside Council involves the award of a contract for in-store payment services, secure mobile, and online multi-channel payment solutions valued at £169,200. This contract was necessitated by changes mandated by the Financial Services Authority. The award notice was published on 27 February 2018, following the completion of the procurement stage with a tender period that concluded on 1 October 2017. The service will primarily be executed in the North East of England and falls under the category of financial transaction processing and clearing-house services.

This tender presents significant growth opportunities for businesses in the financial services sector, particularly those offering payment processing and related services. Companies that can provide innovative payment solutions or adapt to regulatory changes will be well-positioned to compete. Although this contract has already been awarded to PayPoint Network Limited, future similar procurements may arise, allowing new firms, especially those with a focus on secure online transactions, to engage with local councils and expand their market reach.

How relevant is this notice?

Notice Information

Notice Title

Award notice only - In store payment services for consumers, retailer services as well as secure mobile & online multi-channel payment solutions for businesses

Notice Description

AWARD ONLY The in store payment services for consumers, retailer services as well as secure mobile & online multi-channel payment solutions for businesses has changed following instructions from the Financial Services Authority which has resulted in new contracts having to be issued to reflect the changes. The service is use for eligible vulnerable residents for support as part of local welfare provision.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-482d1e29-4965-4705-a6f7-02879f78f933
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5f307b2a-31aa-406d-95f6-6f6b6019fd7a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Not Specified
Procurement Method Details
Other - Single Tender
Tender Suitability
Not specified
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
£169,200 £100K-£500K
Lots Value
Not specified
Awards Value
£169,200 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Feb 20188 years ago
Submission Deadline
1 Oct 2017Expired
Future Notice Date
Not specified
Award Date
1 Oct 20178 years ago
Contract Period
24 Nov 2017 - 26 Nov 2017 30 days
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
North Tyneside 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
NORTH TYNESIDE
Postcode
NE27 0BY
Postcode Area
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England)
Local Authority
North Tyneside
Electoral Ward
Shiremoor
Westminster Constituency
Cramlington and Killingworth

Supplier Information

Number of Suppliers
1
Supplier Name

PayPoint Network Limited

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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