Award

TD2231- Merchant Services

DERBY CITY COUNCIL

This public procurement record has 1 release in its history.

Award

14 Jan 2025 at 09:32

Award Notice
Summary of the contracting process

Derby City Council has completed the procurement process titled "TD2231- Merchant Services," classified under the banking services industry category. The service aims to enable teams to process card payments in the East Midlands, United Kingdom. The procurement stage is at the award phase, with the contract awarded on 12 December 2024. The contract, worth GBP 4,900,000, starts on 1 January 2025 and ends on 31 December 2035. The procurement was conducted using a selective method through a call-off from a framework agreement.

This tender represents a significant opportunity for businesses involved in providing merchant services, particularly those with the scale to handle substantial financial transactions over long periods. Companies such as Lloyds Bank Cardnet, the awarded supplier, exemplify the type of large-sized enterprises well-suited for such contracts. Engaging in such large-scale public procurement can provide a stable and lucrative revenue stream, fostering business growth and expansion within the highly competitive financial services sector.

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Notice Information

Notice Title

TD2231- Merchant Services

Notice Description

Merchant Services to allow teams to process card payments.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-605e1e75-a140-4949-b392-fbe23012ee98
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5e5a5cfc-880e-4b10-889e-ced69914ae09
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£4,900,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,900,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Jan 20251 years ago
Submission Deadline
31 Dec 2024Expired
Future Notice Date
Not specified
Award Date
12 Dec 20241 years ago
Contract Period
1 Jan 2025 - 31 Dec 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
DERBY 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
DERBY
Postcode
DE1 2FS
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)
TLF11 Derby
Delivery Location
TLF East Midlands (England)
Local Authority
Derby
Electoral Ward
Darley
Westminster Constituency
Derby South

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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