Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Provision of Merchant Acquirer Services

DVLA - Driver & Vehicle Licensing Agency

This public procurement record has 2 releases in its history.

TenderCancellation

24 Jun 2022 at 09:56

Tender Notice
Award

23 Jun 2022 at 10:40

Award Notice
Summary of the contracting process

The procurement process for the "Provision of Merchant Acquirer Services" is being conducted by the DVLA - Driver & Vehicle Licensing Agency, located in Swansea, Wales. The procurement is currently in the Award stage, with an overall contract value of £69,170,000, which will be effective from 31 May 2022 until 31 May 2025. The tender was published on 24 June 2022, following an open procurement method aimed at services falling within the financial and insurance services industry category. The deadline for bids for this tender was 21 April 2021.

This tender presents significant business growth opportunities, particularly for companies specialising in payment processing, technology integration, and financial services. Organisations with expertise in credit and debit card processing, such as banks and fintech firms, would be well-suited to compete for this contract. Given the extensive contract duration and substantial scope, suppliers able to provide innovative solutions and robust services in both physical and online environments may find this to be a compelling opportunity to expand their market presence.

How relevant is this notice?

Notice Information

Notice Title

Provision of Merchant Acquirer Services

Notice Description

The Agreement will be for the services of a Merchant Acquirer to facilitate credit and debit card processing on behalf of the Authority within the following environments: - - Internet - Cardholder present - Cardholder not present The service to be provided will include as a minimum: - Transaction processing - online, manual and telephone - Integrated system links - Provision of rented processing terminals with Chip and Pin functionality - Online payment and settlement service accessed via the internet Additional information: Notice Number 2021/S 000-007863 Link https://www.find-tender.service.gov.uk/Notice/007863-2021 Notice Reference 2021-040872 Additional Info FTS Notice published on TED

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e5a0ce08-e07c-42ed-a26e-c602d8e359fe
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e3a5200f-5123-4dd7-a174-5e58d33681da
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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£69,170,000 £10M-£100M
Lots Value
Not specified
Awards Value
£69,170,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jun 20224 years ago
Submission Deadline
21 Apr 2021Expired
Future Notice Date
Not specified
Award Date
31 May 20224 years ago
Contract Period
31 May 2022 - 31 May 2025 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Cancelled
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DVLA - Driver & Vehicle Licensing Agency
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWANSEA
Postcode
SA6 7JL
Postcode Area
Swansea
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL4 Mid and South West Wales
Small Region (ITL 3)
TLL43 Swansea
Delivery Location
TLL Wales
Local Authority
Swansea
Electoral Ward
Mynydd-bach
Westminster Constituency
Swansea West

Supplier Information

Number of Suppliers
6
Supplier Names

Adyen UK Ltd

Barclays Bank PLC

Checkout.com

HMRC

Lloyds Banking Group PLC

Stripe Inc.

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...