Award

Provision of Merchant Acquiring Services

HERTFORDSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

24 Aug 2020 at 09:55

Summary of the contracting process

The procurement process, led by Hertfordshire County Council, involved a tender for the "Provision of Merchant Acquiring Services" within the banking services industry. This selective procurement method, executed as a call-off from the CCS Merchant Acquiring Services Framework Agreement (RM 3702), has been completed. The contract, estimated at approximately £150,000, commenced on 26th February 2020 and is set to conclude on 25th February 2022. The service was required in the East of England, specifically in Hertford (SG13 8DE).

This opportunity could significantly benefit small and medium-sized enterprises (SMEs) looking to expand their services in financial technology and payment processing. Competing suppliers would ideally have expertise in merchant acquiring services and capabilities in innovative banking solutions. As the contract has now been awarded to Worldpay (UK) Limited, Worldpay Limited, and Worldpay AP Ltd, businesses in related sectors may need to remain agile for future procurement openings with Hertfordshire County Council or similar local authorities.

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Notice Title

Provision of Merchant Acquiring Services

Notice Description

Hertfordshire County Council has awarded a call-off contract under CCS Merchant Acquiring Services Framework Agreement (RM 3702). This is an award notice and this opportunity is now closed. The successful supplier is - Worldpay (UK) Limited, Worldpay Limited and Worldpay AP Ltd The estimated total value of the Contract is approximately 150,000 pounds. The Contract will be established for a term of twenty-four (24 months).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-aa83de9b-4723-4dd1-aa7e-8f81517efbec
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1a64dfa0-7936-4f20-bd86-77978b5fa5c9
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
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
£150,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Aug 20205 years ago
Submission Deadline
10 May 2018Expired
Future Notice Date
Not specified
Award Date
25 Feb 20206 years ago
Contract Period
26 Feb 2020 - 25 Feb 2022 2-3 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
HERTFORDSHIRE COUNTY 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
HERTFORD
Postcode
SG13 8DE
Post Town
Stevenage
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH26 North and East Hertfordshire
Delivery Location
Not specified

Local Authority
East Hertfordshire
Electoral Ward
Hertford Castle
Westminster Constituency
Hertford and Stortford

Supplier Information

Number of Suppliers
1
Supplier Name

WORLDPAY (UK) LIMITED, WORLDPAY LIMITED AND WORLDPAY AP

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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