Award

Early Payment Service

GLOUCESTERSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

09 Feb 2022 at 14:45

Summary of the contracting process

Gloucestershire County Council has completed the procurement process for an "Early Payment Service" under an open procedure. This contract, valued at £330,000, falls within the banking services industry, specifically focusing on financial transaction processing and consultancy. The award date was on 30th January 2022, with the contract period commencing on 31st January 2022 and set to conclude on 29th January 2027. The procurement was conducted through a single supplier framework established by NEPO, with delivery expected in the United Kingdom.

This tender presents a valuable opportunity for small and medium-sized enterprises (SMEs) that specialise in banking and financial services, particularly those capable of offering efficient early payment solutions. Companies that provide financial transaction processing and consultancy services would be well-suited to compete for future contracts of this nature, fostering business growth by engaging with public sector projects and establishing relationships with key governmental entities.

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Notice Title

Early Payment Service

Notice Description

This is a direct award from a NEPO single supplier framework for an early payment service

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9df0dcd3-9dc7-4fd3-9fbb-53cf3012f957
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7b8778f7-1511-4584-b698-135408841a22
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
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66110000 - Banking services

66171000 - Financial consultancy services

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£330,000 £100K-£500K
Lots Value
Not specified
Awards Value
£330,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Feb 20224 years ago
Submission Deadline
27 Jan 2022Expired
Future Notice Date
Not specified
Award Date
30 Jan 20224 years ago
Contract Period
31 Jan 2022 - 29 Jan 2027 4-5 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
GLOUCESTERSHIRE COUNTY COUNCIL
Contact Name
Steve Mawson
Contact Email
steve.mawson@gloucestershire.gov.uk
Contact Phone
+44 1452425557

Buyer Location

Locality
GLOUCESTER
Postcode
GL1 2TH
Post Town
Gloucester
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK73 Gloucestershire CC
Delivery Location
Not specified

Local Authority
Gloucester
Electoral Ward
Westgate
Westminster Constituency
Gloucester

Supplier Information

Number of Suppliers
1
Supplier Name

OXYGEN FINANCE

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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