Award

Contract Award Notice Merchant Acquiring 2023

DVSA - DRIVER AND VEHICLE STANDARDS AGENCY

This public procurement record has 1 release in its history.

Award

18 Nov 2024 at 16:31

Award Notice
Summary of the contracting process

The Driver and Vehicle Standards Agency (DVSA) has awarded a contract extension to Barclays Bank PLC for merchant acquiring services following a procurement process under Regulation 32 without prior publication due to specific technical reasons. This extension, valued at £2,223,870.94, aims to address interoperability issues with DVSA's current software and allow transition to an in-sourced model. The contract, which belonged to the banking services category, will commence on 1 January 2025 and conclude on 31 December 2026. Covered regions include British Overseas Territories, Channel Islands, Europe, Isle of Man, the United Kingdom, and other parts of the world.

This tender presents significant business growth opportunities for firms specialising in banking services, particularly those with expertise in seamless software integration and high-volume transaction processing. While the process involved negotiation without competition, future tenders may arise as the DVSA transitions to an in-sourced model, offering potential avenues for other financial service providers equipped to meet similar technical and operational requirements.

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Notice Information

Notice Title

Contract Award Notice Merchant Acquiring 2023

Notice Description

An extension to the merchant acquirer contract with Barclays bank has become necessary due to interoperability issues with DVSA's current software. The DVSA will use this extension period to transition away from the incumbent to an in-sourced model. In order to extend the contract, a new procurement procedure has been undertaken in accordance with Reg 72(9). The procurement procedure chosen is a negotiation without prior publication under reg 32. In accordance with Reg 32(2)(b)(ii) the DVSA lawfully awards the contract to the supplier, as competition is currently absent due to a technical reason. The prices are not fixed and are likely to change in accordance with volumes.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e2003737-2628-4a7c-bbc1-897aaf99196c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/68ed864e-1fd3-480f-8dff-9b641a721e3c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Contract Extension
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
£3,600,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,223,870 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20241 years ago
Submission Deadline
5 Sep 2024Expired
Future Notice Date
Not specified
Award Date
4 Nov 20241 years ago
Contract Period
1 Jan 2025 - 31 Dec 2026 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
DVSA - DRIVER AND VEHICLE STANDARDS AGENCY
Contact Name
Not specified
Contact Email
commercialenquiries@dvsa.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
BRISTOL
Postcode
BS5 0DA
Post Town
Bristol
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK51 Bristol, City of
Delivery Location
Not specified
Local Authority
Bristol, City of
Electoral Ward
Lawrence Hill
Westminster Constituency
Bristol East

Supplier Information

Number of Suppliers
1
Supplier Name

BARCLAYS BANK

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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