Award

Merchant Acquiring - Government Banking Services

H M REVENUE & CUSTOMS

This public procurement record has 1 release in its history.

Award

28 Jan 2022 at 11:33

Summary of the contracting process

The procurement process for the "Merchant Acquiring - Government Banking Services" was completed by H M Revenue & Customs, based in Salford, England. This initiative falls within the banking services industry category, with a total contract value of £196 million, aimed at facilitating over 22 million transactions annually. The procurement method used was selective, through a call-off from a framework agreement, with the contract commencing on 1st January 2022 and set to run until 31st December 2028. The tender period for bids closed on 3rd December 2021.

This tender presents significant opportunities for established financial service firms, particularly those experienced in merchant acquiring solutions and government contracts. Businesses that specialise in banking services or related technologies would be particularly well-suited to compete, especially those capable of handling extensive transaction volumes and providing robust security measures. Engaging in contracts of this nature can help businesses expand their public sector portfolio and strengthen their market presence in government banking services.

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Notice Title

Merchant Acquiring - Government Banking Services

Notice Description

Government Banking provide a shared Merchant Acquiring service to customers across Central Government and the wider public sector. Those services facilitate some 22 million transactions per annum with a total value of over PS2bn. This requirement is for a contract to replace the current provision which was due to expire on 31/12/2021.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bea3ee54-647d-44eb-9205-cd062e9a4e52
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/18384a7e-7ea9-4f79-8e50-e7ad388057a9
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
£196,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
£196,000,000 £100M-£1B
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jan 20224 years ago
Submission Deadline
3 Dec 2021Expired
Future Notice Date
Not specified
Award Date
30 Dec 20214 years ago
Contract Period
1 Jan 2022 - 31 Dec 2028 Over 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
H M REVENUE & CUSTOMS
Contact Name
ian anderson
Contact Email
ian.anderson1@hmrc.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
SALFORD
Postcode
M60 9LA
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
Not specified

Local Authority
Salford
Electoral Ward
Ordsall
Westminster Constituency
Salford

Supplier Information

Number of Suppliers
1
Supplier Name

WORLDPAY (UK

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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