Award

Integrated Payment Platform - AWARD

MANCHESTER METROPOLITAN UNIVERSITY

This public procurement record has 1 release in its history.

Award

17 Nov 2020 at 15:47

Award Notice
Summary of the contracting process

Manchester Metropolitan University is seeking to appoint a qualified supplier to develop an integrated payment platform through a competitive tender process. The procurement method used is selective, specifically a negotiated procedure. This process is currently at the Award stage, with a contract valued at £1,920,000. The contract period is set to commence on 30th November 2020 and conclude on 29th November 2025. This opportunity falls within the financial services industry, particularly focusing on international payment transfer services, and is located in Manchester, United Kingdom.

This tender presents significant opportunities for businesses specialising in financial technology and payment processing services. Companies that can deliver comprehensive payment infrastructure solutions, including online store functionalities and cost-effective service development, would be particularly well-suited to compete. The emphasis on strong commercial partnerships and value for money means that innovative firms with the capability to reduce transaction fees and enhance payment service offerings may find this a lucrative chance to grow their business in the public sector.

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Notice Information

Notice Title

Integrated Payment Platform - AWARD

Notice Description

Manchester Metropolitan University ("the University") is seeking to appoint through a competitive tender process, a suitably qualified and experienced supplier to deliver an integrated payment platform and all related payment functionality. The University intends to establish a strong commercial partnership built on a culture of constructive challenge, successful delivery and continuous improvement and expects to receive excellent value for money from the services provided. The tender is designed to encompass all payment infrastructure into one contract, to include: 1) Single and recurring domestic and international payments to the University 2) Online Store functionality and any related payments to the University Suppliers must be prepared to offer all payment functionality and to work with the University to develop cost effective services that utilise the supplier's buying power to reduce overall transaction fees but also improve the range of payment services available. The University is looking for a system that will drive cost efficiency and value for money over the contract period.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e0ce23ba-f9f4-4c1e-8e40-65e7c870399a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/27f8e789-e1fd-4de2-8de7-63a54fd56eca
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services

CPV Codes

48442000 - Financial systems software package

66110000 - Banking services

66115000 - International payment transfer services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£1,920,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
17 Nov 20205 years ago
Submission Deadline
10 Aug 2020Expired
Future Notice Date
Not specified
Award Date
16 Nov 20205 years ago
Contract Period
30 Nov 2020 - 29 Nov 2025 Over 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
MANCHESTER METROPOLITAN UNIVERSITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LANCASHIRE
Postcode
M15 6BH
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
TLD North West (England)
Local Authority
Manchester
Electoral Ward
Hulme
Westminster Constituency
Manchester Rusholme

Supplier Information

Number of Suppliers
1
Supplier Name

FLYWIRE 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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