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Card Payment Services

Cabinet Office

This public procurement record has 2 releases in its history.

AwardUpdate

28 May 2019 at 12:00

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08 Mar 2019 at 12:29

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Summary of the contracting process

The Cabinet Office in the United Kingdom has completed a tender process for "Card Payment Services," aimed at providing facilities for receiving debit and credit card payments into nominated accounts. This procurement falls under the financial and insurance services category, with a total contract value of £34 million. The tender was initiated through a limited procurement method, specifically a negotiated procedure without prior publication, and the contract period spans from December 24, 2018, to December 23, 2020. The tender period concluded on October 19, 2018.

This contract presents significant opportunities for businesses in the financial services sector, particularly for those specialising in payment processing, financial consultancy, and clearing-house services. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are particularly encouraged to consider participation, as the tender's suitability specifically accommodates their involvement. Businesses with experience in delivering similar financial service solutions would be well-equipped to compete for future contracts stemming from this initiative.

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Notice Information

Notice Title

Card Payment Services

Notice Description

Provision of a facility to allow customer to receive debit and credit card payments into a nominated account

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-87f9c086-392c-4a25-b604-d77e7e703f00
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/75fc302b-ae27-4785-8963-09bb0c40a846
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Negotiated procedure without prior publication (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

66150000 - Financial markets administration services

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

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£34,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
28 May 20197 years ago
Submission Deadline
19 Oct 2018Expired
Future Notice Date
Not specified
Award Date
21 Dec 20187 years ago
Contract Period
24 Dec 2018 - 23 Dec 2020 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
Cabinet Office
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Postcode Area
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales, TLM Scotland, TLN Northern Ireland
Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

Stripe Payments Europe, Limited

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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