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Merchant Acquiring

Cheshire East Borough Council

This public procurement record has 1 release in its history.

Award

18 Jun 2024 at 14:37

Award Notice
Summary of the contracting process

The CHESHIRE EAST COUNCIL, based in England, has completed the procurement process for 'Merchant Acquiring' services under the Banking services category. This tender, worth £2,475,000 in GBP, was procured using the CPRAS framework, specifically Lot 2 Merchant Services. The procurement method used was selective, involving a call-off from a framework agreement. The contract period is from April 1, 2024, to March 31, 2039, with the tender period ending on March 1, 2024.

This awarded contract presents an opportunity for businesses in the banking and finance industry, particularly those providing merchant services, to engage with LLOYDS BANKING GROUP PLC. Businesses suited to compete should be able to deliver services in the North West region of the United Kingdom. The contract's start date is April 1, 2024, offering a long-term opportunity for growth and collaboration with the CHESHIRE EAST COUNCIL.

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Notice Information

Notice Title

Merchant Acquiring

Notice Description

Merchant Acquiring. Procured using CPRAS framework - Banking and Finance Framework (BFF) REF TPA-01. Under Lot 2 Merchant Services. Additional information: CPRAS framework using Lot 2 Merchant services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-83ed54e6-f50f-47bd-9a09-b965524c9e9c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7c540ff1-04c2-47fd-9bd9-f9858bfa6d48
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
£2,475,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,475,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
18 Jun 20242 years ago
Submission Deadline
1 Mar 2024Expired
Future Notice Date
Not specified
Award Date
1 Mar 20242 years ago
Contract Period
1 Apr 2024 - 1 Apr 2039 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
Cheshire East Borough 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
SANDBACH
Postcode
CW11 1HZ
Postcode Area
Crewe
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD6 Cheshire
Small Region (ITL 3)
TLD62 Cheshire East
Delivery Location
TLD North West (England)
Local Authority
Cheshire East
Electoral Ward
Sandbach Town
Westminster Constituency
Congleton

Supplier Information

Number of Suppliers
1
Supplier Name

Lloyds Banking Group

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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