Award

MERCHANT ACQUIRING SERVICES

LEEDS CITY COUNCIL

This public procurement record has 1 release in its history.

Award

26 Mar 2021 at 10:55

Award Notice
Summary of the contracting process

Leeds City Council initiated a tender for "Merchant Acquiring Services", aimed at procuring financial transaction processing and clearing-house services. This complete procurement process featured a selective method under a restricted procedure, with an award value of £1,300,000. The contract period is set to commence on 1st April 2021 and will run until 31st March 2025. The tender period ended on 23rd March 2021, and the service will be delivered in England, United Kingdom.

This tender provides significant opportunities for growth, particularly for businesses with expertise in payment processing and gateway services. Companies specialising in financial technology, payment solutions, or similar services would be ideally positioned to compete for this contract. The engagement with a large-scale supplier like Worldpay UK signifies the potential for collaboration and knowledge transfer within the industry, presenting further avenues for small and medium enterprises to expand their offerings and enhance their capabilities.

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Notice Information

Notice Title

MERCHANT ACQUIRING SERVICES

Notice Description

Provision of Merchant Acquiring and Gateway Services (Payment Acceptance)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-dc3141d5-0f21-45e5-9f6c-b87a725f7ca2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d3e35e2f-13cf-4ccc-8d32-f502590ff15f
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£1,300,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,300,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Mar 20214 years ago
Submission Deadline
23 Mar 2021Expired
Future Notice Date
Not specified
Award Date
26 Mar 20214 years ago
Contract Period
31 Mar 2021 - 31 Mar 2025 4-5 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
LEEDS CITY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 3DL
Post Town
Leeds
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Leeds
Electoral Ward
Little London & Woodhouse
Westminster Constituency
Leeds Central and Headingley

Supplier Information

Number of Suppliers
1
Supplier Name

WORLDPAY

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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