Award

Merchant Acquiring Services

PRESTON CITY COUNCIL

This public procurement record has 1 release in its history.

Award

07 Apr 2025 at 10:02

Award Notice
Summary of the contracting process

Preston City Council has completed the procurement process for Merchant Acquiring Services, a service to accept payments by credit or debit cards. This procurement, categorised under Banking and Investment services (CPV code 66100000), covers the geographical region of England, United Kingdom. The tender process concluded with an award to Lloyds Bank Cardnet, commencing on 6th February 2025 and ending on 5th February 2028. The total contract value is £53,342, and the procurement was designed to facilitate small and medium-sized enterprises (SMEs), with the procurement stage reaching the award phase.

This tender represents a significant opportunity for businesses specialising in banking and investment services, particularly those equipped to handle merchant acquiring services. The procurement, managed by Preston City Council, offers SMEs the chance to participate and potentially expand their market reach by providing financial transaction services over a three-year period. Firms with the necessary expertise in payment processing and merchant services will find this opportunity well-suited to their growth strategies, underpinned by a substantial contract value and a stable client relationship with a reputable council authority.

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Notice Information

Notice Title

Merchant Acquiring Services

Notice Description

Service to accept payment by credit or debit cards

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-517a0967-3cbd-438c-8106-d61ffae86a18
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0f798796-d2c2-4b6a-8c17-2b05db598d26
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

66100000 - Banking and investment services

Notice Value(s)

Tender Value
£60,000 Under £100K
Lots Value
Not specified
Awards Value
£53,342 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Apr 202510 months ago
Submission Deadline
13 Dec 2024Expired
Future Notice Date
Not specified
Award Date
3 Feb 20251 years ago
Contract Period
6 Feb 2025 - 5 Feb 2028 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
PRESTON CITY 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
PRESTON
Postcode
PR1 2RL
Post Town
Preston
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD45 Mid Lancashire
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Preston
Electoral Ward
City Centre
Westminster Constituency
Preston

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANK 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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