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GBS MERCHANT ACQUIRING SERVICES (RM3702) (Note: Published for completeness, see description for details)

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 1 release in its history.

AwardUpdate

18 Apr 2018 at 13:50

Award Notice
Summary of the contracting process

The procurement process pertains to the GBS Merchant Acquiring Services contract, overseen by the Department for Work and Pensions (DWP). This public procurement falls under the category of Banking and Investment Services, with its main office located in Leeds (LS2 7UA, England). The procurement method was selective, executed as a call-off from a framework agreement. The contract was formally awarded on 1st January 2017, and the contract period spans until 31st December 2017. Notably, the award notice was published for transparency on 18th April 2018, although the procurement stage is marked as complete.

This contract presents an opportunity for organisations engaged in banking and financial services to explore collaborations with the DWP. While the contract is tailored to a large supplier such as Worldpay LTD, it could also encourage other businesses, particularly large-scale financial service providers, to position themselves for future procurement opportunities within government contracts. Such businesses may benefit from demonstrating expertise in merchant acquiring services and establishing a competitive edge in similar public sector contracts.

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Notice Information

Notice Title

GBS MERCHANT ACQUIRING SERVICES (RM3702) (Note: Published for completeness, see description for details)

Notice Description

GBS Merchant Acquiring Services (This contract award was not published at the time of award. It has been published for transparency purposes to provide a record of existing departmental contracts).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e8892e22-b598-43e0-81f4-cefc038f76a3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ae71efb4-814e-4593-a4c1-857d946df40a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66100000 - Banking and investment services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Apr 20188 years ago
Submission Deadline
2 Dec 2016Expired
Future Notice Date
Not specified
Award Date
1 Jan 20179 years ago
Contract Period
1 Jan 2017 - 31 Dec 2017 6-12 months
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
DEPARTMENT FOR WORK AND PENSIONS
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
LS2 7UA
Postcode Area
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
Not specified
Local Authority
Leeds
Electoral Ward
Little London & Woodhouse
Westminster Constituency
Leeds Central and Headingley

Supplier Information

Number of Suppliers
1
Supplier Name

Worldpay LTD

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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