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Payment Acceptance

Crown Commercial Service

This public procurement record has 1 release in its history.

Award

02 Mar 2020 at 10:03

Award Notice
Summary of the contracting process

The Crown Commercial Service has completed the public procurement process for a contract titled "Payment Acceptance" within the banking services industry. This contract, valued at £450 million, is designated for the provision of payment acceptance services to various Central Government Departments and UK Public Sector Bodies, with a contract period spanning from 3rd February 2020 to 2nd February 2023. The procurement method utilised was an open procedure, and the tender period concluded on 8th November 2019, marking the transition to the award stage of the process.

This procurement represents significant opportunities for businesses, especially those offering financial services, consultancy, and transaction processing solutions. Small and medium-sized enterprises (SMEs) in the fintech sector or those specialising in payment processing would be particularly well-suited to compete, given that the contract is open to a wide range of service providers. The established framework and the potential for collaboration with public sector entities can help these businesses expand their market reach and strengthen their offerings in the UK and beyond.

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Notice Information

Notice Title

Payment Acceptance

Notice Description

Crown Commercial Service as the Authority has establish a Pan Government Agreement for the provision of payment acceptance service to be utilised by Central Government Departments and all other UK Public Sector Bodies as identified at VI.3) of this notice.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9c8e7ec5-c110-4107-9ea7-b0534f55ff76
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/43116e8e-48d1-4fc3-afb8-7f29be4e4d54
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 (above threshold)
Tender Suitability
SME
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66110000 - Banking services

66133000 - Processing and clearing services

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

Notice Value(s)

Tender Value
£450,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
£450,000,000 £100M-£1B
Contracts Value
Not specified

Notice Dates

Publication Date
2 Mar 20206 years ago
Submission Deadline
8 Nov 2019Expired
Future Notice Date
Not specified
Award Date
3 Feb 20206 years ago
Contract Period
3 Feb 2020 - 2 Feb 2023 3-4 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
Crown Commercial Service
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
Not specified
Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
16
Supplier Names

ACCENTURE (UK) LIMITED

Alternative Payments Ltd

American Express Payment Services Limited

Barclays Bank Plc

Checkout LTD

GPUK LLP

HYPERION SYSTEMS LIMITED

KPMG

NATIONAL WESTMINSTER BANK PLC

PaySavi Ltd

REFLOW ZONE LIMITED

SENTENIAL LIMITED

Stripe Payments Europe, Limited

TrueLayer Limited

Worldpay Limited

token.io ltd

Further Information

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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