Award

Oyster Payment Gateway

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

18 Nov 2016 at 20:17

Award Notice
Summary of the contracting process

The procurement process for the "Oyster Payment Gateway" was conducted by Transport for London (TfL). This project falls under the IT services industry and is based in London, United Kingdom. The tender was awarded on 28 April 2016, with a total contract value of £1,420,418. The contract period commenced on 1 May 2016 and is set to conclude on 30 April 2019, conducted through a selective procurement method that follows a negotiated procedure.

This tender provides a significant growth opportunity for businesses involved in IT services, particularly those specialising in payment solutions, fraud management, and software development. Companies that are capable of implementing sophisticated payment platforms with security features could position themselves well to compete for similar future contracts with TfL and other public sector organisations seeking to enhance their online transaction capabilities.

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Notice Information

Notice Title

Oyster Payment Gateway

Notice Description

A payment gateway with fraud manangement protection for TfL's Oyster website and possible other TfL sites in the future.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4cd0bf7b-adca-11e6-9901-0019b9f3037b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f784faf9-dfa0-4952-bf09-d0cbdd00cce0
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£1,420,418 £1M-£10M
Lots Value
Not specified
Awards Value
£1,420,418 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20169 years ago
Submission Deadline
28 Apr 2016Expired
Future Notice Date
Not specified
Award Date
27 Apr 20169 years ago
Contract Period
30 Apr 2016 - 30 Apr 2019 2-3 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
TRANSPORT FOR LONDON
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
SW1H 0TL
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
TLI London
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

CYBERSOURCE

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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