Award

Merchant Acquiring for GBS

H M REVENUE & CUSTOMS

This public procurement record has 1 release in its history.

Award

14 Feb 2018 at 15:56

Award Notice
Summary of the contracting process

The procurement process for the contract titled "Merchant Acquiring for GBS" was conducted by H M Revenue & Customs, focusing on banking services across various locations including the UK, Europe, and British Overseas Territories. This tender reflects the completion stage of the procurement process, having started on 1st January 2018 and set to run until 31st December 2019. The contract, valued at £30,000,000, utilised a selective procurement method through a call-off from a framework agreement, with the tender period closing on 31st December 2017.

This contract presents substantial growth opportunities for businesses within the banking services sector, particularly those offering merchant acquiring solutions such as online, POS, and telephone processing. Firms well-suited to compete would include service providers with the capacity to manage contracts with public sector entities, especially those that can cater to government banking services. With an award value of £48,000,000 going to Worldpay (UK) Limited, there remains potential for future contracts and collaborations in this area.

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Notice Information

Notice Title

Merchant Acquiring for GBS

Notice Description

Contract to provide merchant acquiring to Government Banking Service. Includes online, POS and telephone.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c283d359-7c57-4eb6-b3fd-06b28f5444c1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e2c74f5f-c2e7-4417-a3b2-710f0e07dd5e
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
£30,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£48,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Feb 20188 years ago
Submission Deadline
31 Dec 2017Expired
Future Notice Date
Not specified
Award Date
31 Dec 20178 years ago
Contract Period
1 Jan 2018 - 31 Dec 2019 1-2 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
H M REVENUE & CUSTOMS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SOUTHEND-ON-SEA
Postcode
SS99 1AA
Post Town
Southend-on-Sea
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH3 Essex
Small Region (ITL 3)
TLH31 Southend-on-Sea
Delivery Location
Not specified
Local Authority
Southend-on-Sea
Electoral Ward
Victoria
Westminster Constituency
Southend East and Rochford

Supplier Information

Number of Suppliers
1
Supplier Name

WORLDPAY (UK

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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