Award

Acquire Banking Services

UNIVERSITY OF DERBY

This public procurement record has 1 release in its history.

Award

24 Apr 2025 at 12:17

Summary of the contracting process

The University of Derby has completed the procurement process for acquiring banking services, specifically Acquiring and Merchant Equipment Services, under the framework agreement Crown Commercial Services - RM6325 Payment Acceptance 2, Lot 2. The procurement falls within the banking services industry category, with a specific focus on the East Midlands region of the United Kingdom. The procurement used a selective method via a call-off from a framework agreement, culminating in an award stage. The contract period is set to begin on 26th April 2025 and will run until 25th April 2029. The total value of the awarded contract to GPUK LLP, trading as Global Payments, is £1,320,000.

This tender presents significant opportunities for businesses specialising in banking services, particularly those adept in providing merchant equipment solutions. The tender process has concluded with a framework call-off, which indicates a strategic partnership approach beneficial to businesses capable of delivering consistent and reliable service solutions. Although this contract was not flagged for SMEs or VCSEs, large-scale enterprises equipped to handle substantial service contracts will find this prospect advantageous for expanding their market reach and establishing a notable presence in the public sector service framework. The collaboration with the University of Derby signifies a valuable opportunity for the supplier to bolster its portfolio within a prestigious academic institution.

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Notice Title

Acquire Banking Services

Notice Description

This is an awarded contract notice for Acquiring and Merchant Equipment Services under framework agreement Crown Commercial Services - RM6325 Payment Acceptance 2, Lot 2 Acquiring and Merchant Equipment Services.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-be9c0595-e444-43bb-87a5-d4941581d1de
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/040e29c6-9cbc-4e86-bc7b-b6ba2cf48df8
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
Not specified
Lots Value
Not specified
Awards Value
£1,320,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
24 Apr 202510 months ago
Submission Deadline
1 Apr 2025Expired
Future Notice Date
Not specified
Award Date
23 Apr 202510 months ago
Contract Period
25 Apr 2025 - 25 Apr 2029 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
UNIVERSITY OF DERBY
Contact Name
Procurement Team
Contact Email
procurement@derby.ac.uk
Contact Phone
01332 591094

Buyer Location

Locality
DERBY
Postcode
DE22 1GB
Post Town
Derby
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF11 Derby
Delivery Location
TLF East Midlands (England)

Local Authority
Derby
Electoral Ward
Allestree
Westminster Constituency
Mid Derbyshire

Supplier Information

Number of Suppliers
1
Supplier Name

GPUK LLP TRADING AS GLOBAL PAYMENTS

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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