Award

17/119 - Merchant Services

UNIVERSITY OF PORTSMOUTH

This public procurement record has 2 releases in its history.

Award

08 Nov 2018 at 09:47

Award Notice
Tender

02 Feb 2018 at 15:03

Tender Notice
Summary of the contracting process

The University of Portsmouth is seeking bids for its contract titled "17/119 - Merchant Services," aimed at providing financial transaction processing and clearing-house services. This procurement is currently in the award stage and was published on 2nd February 2018, with bids due by 1st March 2018. The contract is set to commence in May 2018 and will last for three years, with the possibility of a two-year extension. The services will be delivered in the South East region of the United Kingdom, and the procurement method is classified as open, following the open procedure above threshold.

This tender represents a significant opportunity for businesses specialising in financial technology and payment processing solutions, particularly those with experience in servicing educational institutions. The University seeks to partner with a capable firm that can provide dedicated corporate support and respond to evolving market and technological needs. Suppliers with a strong background in merchant services, including both physical and online payment solutions, would be particularly well suited to compete for this contract.

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Notice Information

Notice Title

17/119 - Merchant Services

Notice Description

This tender is for the provision of Merchant Services for processing, authorisation and settlement of the University 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 fulfill all the University 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. Tenders are being invited for a new contract to commence in May/June 2018. Contract length is 3 years with an option to extend for a further 2 years. To Express an Interest in this project please register on the University of Portsmouth In-Tend webpage and express an interest in this project. Please find the weblink for our webpage below: https://in-tendhost.co.uk/port/ Additional information: To Express an Interest in this project please register on the University of Portsmouth In-Tend webpage and express an interest in this project. Please find the weblink for our webpage below: https://in-tendhost.co.uk/port/

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e2734b10-fa79-45f4-8203-6f65bd2c8e46
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dfb03d11-c699-4836-a9e9-659c40d0b7d4
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
8 Nov 20187 years ago
Submission Deadline
1 Mar 2018Expired
Future Notice Date
Not specified
Award Date
19 Apr 20187 years ago
Contract Period
30 Apr 2018 - 30 Apr 2023 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
UNIVERSITY OF PORTSMOUTH
Contact Name
Procurement Team
Contact Email
procurement@port.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
PORTSMOUTH
Postcode
PO1 2UP
Post Town
Portsmouth
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ31 Portsmouth
Delivery Location
TLJ South East (England)
Local Authority
Portsmouth
Electoral Ward
St Thomas
Westminster Constituency
Portsmouth South

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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