Award

Payment Gateway

SOVEREIGN HOUSING ASSOCIATION

This public procurement record has 1 release in its history.

Award

22 Jul 2019 at 10:00

Summary of the contracting process

The recent procurement process was undertaken by Sovereign Housing Association for a Payment Gateway solution, classified under financial transaction processing services. The tender, which utilised an open procurement method, has been completed, with an award date of 25th June 2019. The contract is valued at £2 million and covers a period from 15th July 2019 to 15th July 2024. Services are to be delivered in the South West region of the United Kingdom.

This opportunity to provide financial consultancy and transaction processing services can significantly benefit larger firms with capabilities in payment solutions or tech companies offering secure and efficient payment systems. Businesses that can demonstrate experience in similar services and have the capacity to manage substantial contracts will be well-positioned to compete for future tenders in this sector, thus potentially driving growth and expansion in their operations.

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Notice Title

Payment Gateway

Notice Description

Payment Gateway solution

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7ffae57e-7ae4-4656-9a39-0e2fd46f6cfe
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8eb5e008-e633-4088-923f-831424fcab70
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£2,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
22 Jul 20196 years ago
Submission Deadline
25 Jun 2019Expired
Future Notice Date
Not specified
Award Date
24 Jun 20196 years ago
Contract Period
14 Jul 2019 - 15 Jul 2024 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
SOVEREIGN HOUSING ASSOCIATION
Contact Name
Not specified
Contact Email
nigel.leighton@sovereign.org.uk
Contact Phone
Not specified

Buyer Location

Locality
NEWBURY
Postcode
RG14 5EE
Post Town
Reading
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ16 Berkshire West
Delivery Location
TLK South West (England)

Local Authority
West Berkshire
Electoral Ward
Newbury Central
Westminster Constituency
Newbury

Supplier Information

Number of Suppliers
1
Supplier Name

CAPITA BUSINESS SERVICES

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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