Award

Merchant Services - AWARD

UNIVERSITY OF CUMBRIA

This public procurement record has 1 release in its history.

Award

29 Mar 2017 at 10:26

Award Notice
Summary of the contracting process

The University of Cumbria has recently awarded a contract for Merchant Services, aimed at providing support for processing, authorisation, and settlement of debit and credit transactions across various payment channels. This procurement falls under the open method and was initiated to find a partner to replace the existing contract, which is due to expire in May 2017. The contract period is set to commence on May 1, 2017, and will run until May 1, 2020. The tender had a submission deadline of January 19, 2017. Located in Carlisle, Cumbria, this opportunity is classified under electronic marketplace retailing services.

This procurement presents significant opportunities for businesses specialising in payment processing and banking services, particularly those with experience in the education sector. Companies that can demonstrate a strong capability in providing efficient and innovative merchant services, along with dedicated account management, will find this tender appealing. With the expectations of evolving market and technological needs, businesses that are agile and responsive will be well-suited to compete for similar future contracts.

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Notice Information

Notice Title

Merchant Services - AWARD

Notice Description

The University's current contract for merchant services is due to expire and tenders are being invited for a new contract to commence in May 2017. This tender is for the provision of Merchant Services for processing, authorisation and settlement of the University's debit and credit transactions via all payment channels including: customer present (Chip and PIN/contactless payments), customer not present (Mail Order / Telephone Order) and online (e-commerce). The University is seeking to develop efficient and cost-effective merchant service arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations. It is looking for a relationship with an organisation which it can be confident will fulfil all the University's current and future requirements. It is important that any potential acquiring partner can add value through an effective dedicated corporate support team backed up by a proactive education sector specialist Relationship Manager.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c45244dc-c54c-4a9d-942e-e95bec4f95a9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e24e42c9-d363-43cb-add4-f86a38875bd1
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66110000 - Banking services

66151100 - Electronic marketplace retailing services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£91,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Mar 20178 years ago
Submission Deadline
19 Jan 2017Expired
Future Notice Date
Not specified
Award Date
27 Mar 20178 years ago
Contract Period
30 Apr 2017 - 1 May 2020 3-4 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
UNIVERSITY OF CUMBRIA
Contact Name
Claire Gray
Contact Email
claire.gray@cumbria.ac.uk
Contact Phone
01228 888761

Buyer Location

Locality
CUMBRIA
Postcode
CA1 2HH
Post Town
Carlisle
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
Not specified
Local Authority
Cumberland
Electoral Ward
Castle
Westminster Constituency
Carlisle

Supplier Information

Number of Suppliers
1
Supplier Name

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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