Award

Payment processing equipment

UNIVERSITY OF CUMBRIA

This public procurement record has 1 release in its history.

Award

19 Nov 2024 at 12:44

Summary of the contracting process

The University of Cumbria has completed a procurement process for payment processing equipment, classified under Banking and investment services (CPV code 66100000). The process, managed by the University's procurement team, involved a selective procurement method through a call-off from a framework agreement. The contract value is £90,000, and the contract period runs from 1st July 2022 to 30th June 2025, with the opportunity officially awarded to GLOBAL PAYMENTS on 20th June 2022. The equipment is intended for delivery within the North West region of the United Kingdom.

This tender presents promising opportunities for businesses in the financial technology and payment processing sectors, particularly those capable of providing cutting-edge payment solutions. While the procurement is not specifically aimed at SMEs or VCSEs, large enterprises with existing framework agreements and a robust capacity for delivering advanced payment technologies stand to benefit greatly from such contracts. By securing the contract, businesses can enhance their portfolios with prestigious partnerships and long-term engagements with academic institutions like the University of Cumbria.

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Notice Title

Payment processing equipment

Notice Description

The University of Cumbria required Payment Processing equipment to be in place.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cf45c2cd-1332-4368-a450-d4015e126aac
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cb680fbb-4db5-42d9-9bf7-904a50cfa7fb
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

66100000 - Banking and investment services

Notice Value(s)

Tender Value
£90,000 Under £100K
Lots Value
Not specified
Awards Value
£90,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Nov 20241 years ago
Submission Deadline
20 Jun 2022Expired
Future Notice Date
Not specified
Award Date
19 Jun 20223 years ago
Contract Period
30 Jun 2022 - 30 Jun 2025 3-4 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 CUMBRIA
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
-
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
TLD North West (England)

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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