Award

CST178 - Supply of Merchant Services

DERBYSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

13 Nov 2024 at 15:51

Award Notice
Summary of the contracting process

Derbyshire County Council has completed the tender process titled "CST178 - Supply of Merchant Services," classified under the industry category of banking and investment services (CPV code: 66100000). The tender, covering the supply of merchant services, targets the region of England in the United Kingdom. Originally tendered with a procurement method noted as "Other," the contract's tender period concluded on 9 October 2024, with the contract period spanning from 1 December 2024 to 30 September 2035. The awarded contract is valued at £714,000 and was granted to Lloyds Bank on 10 October 2024.

This tender presents significant business opportunities, especially for companies specialising in banking and investment services. Small and medium-sized enterprises (SMEs) are particularly encouraged to compete, given the procurement's suitability criteria. As the contract spans over a decade, it offers a stable and long-term growth prospect for businesses involved. Companies that can efficiently provide merchant services within the stipulated timeframe and budget are well-suited to benefit from this opportunity. The buying organisation, Derbyshire County Council, is known for its significant regional impact, ensuring a reliable partnership for the long term.

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Notice Information

Notice Title

CST178 - Supply of Merchant Services

Notice Description

The supply of Merchant Services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-51e61044-0bbc-4bbe-acc0-856f8e43c74f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4c4816e8-dcf7-4956-9088-f5dfa31e22d5
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
£714,000 £500K-£1M
Lots Value
Not specified
Awards Value
£714,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
13 Nov 20241 years ago
Submission Deadline
9 Oct 2024Expired
Future Notice Date
Not specified
Award Date
9 Oct 20241 years ago
Contract Period
1 Dec 2024 - 30 Sep 2035 Over 5 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
DERBYSHIRE COUNTY 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
MATLOCK
Postcode
DE4 3AG
Post Town
Derby
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF13 South and West Derbyshire
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
Derbyshire Dales
Electoral Ward
Matlock West
Westminster Constituency
Derbyshire Dales

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANK

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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