Award

Payment Acceptance - Merchant Acquiring Services

BOURNEMOUTH CHRISTCHURCH AND POOLE COUNCIL

This public procurement record has 2 releases in its history.

Award

09 Oct 2024 at 08:16

Award Notice
Award

15 Aug 2023 at 09:20

Award Notice
Summary of the contracting process

The Bournemouth Christchurch and Poole (BCP) Council has completed the procurement process for "Payment Acceptance - Merchant Acquiring Services," classified under Banking services (CPV 66110000). The contract, valued at £3,200,000 and awarded to GLOBAL PAYMENTS U.K. LTD, aims to consolidate the services of multiple prior suppliers for payment execution and processing into a single provider. The contract period runs from 1st September 2023 to 31st August 2026, with services to be delivered in the South West region of the United Kingdom. The procurement method employed was a direct award using the CCS RM6118 - Payment Acceptance Framework, and the award status was published on 9th October 2024.

This tender presents substantial opportunities for business growth, particularly for SMEs specialising in financial and payment processing services. Firms equipped with capabilities for merchant acquiring and card payment solutions are well-suited to participate, allowing them to leverage economies of scale and provide competitive and comprehensive services. The consolidation approach adopted by BCP Council signifies a streamlined operational model and a lucrative market opportunity for businesses capable of delivering tailored payment processing solutions. SMEs with innovative payment technologies and efficient processing practices will find this tender particularly advantageous.

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Notice Information

Notice Title

Payment Acceptance - Merchant Acquiring Services

Notice Description

Merchant acquiring is a range of services for payment execution and processing. It is a service provided to enable the acceptance of payments via credit card or debit card. Without having a merchant acquirer, the Council will be unable to accept card payments, and thus the services are an integral part of the Council's income process. Prior to the formation of the unitary authority, Bournemouth Christchurch and Poole Council had a number of different suppliers engaged that were providing similar services. Through the award of this contract BCP Council is consolidating the number of suppliers and achieving better economies of scale.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-49e21056-1dc4-4d12-81bc-d0e66af3cd73
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/46b25b75-2532-4895-8eb6-78751b59a858
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£800,000 £500K-£1M
Lots Value
Not specified
Awards Value
£4,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
9 Oct 20241 years ago
Submission Deadline
28 Apr 2023Expired
Future Notice Date
Not specified
Award Date
2 Aug 20232 years ago
Contract Period
31 Aug 2023 - 31 Aug 2026 3-4 years
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
BOURNEMOUTH CHRISTCHURCH AND POOLE 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
BOURNEMOUTH
Postcode
BH2 6DY
Post Town
Bournemouth
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK63 Bournemouth, Christchurch and Poole
Delivery Location
TLK South West (England)
Local Authority
Bournemouth, Christchurch and Poole
Electoral Ward
Bournemouth Central
Westminster Constituency
Bournemouth West

Supplier Information

Number of Suppliers
1
Supplier Name

GLOBAL PAYMENTS

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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