Award

Payment Services

THE GUINNESS PARTNERSHIP LIMITED

This public procurement record has 1 release in its history.

Award

23 May 2025 at 14:48

Summary of the contracting process

The public procurement contract titled "Payment Services" has been awarded by The Guinness Partnership Limited, a buying organisation located in London, England. This contract falls under the industry category of financial consultancy, financial transaction processing, and clearing-house services. It follows a selective procurement method, specifically a call-off from a framework agreement, with a total value amounting to £1,463,722. The procurement process has advanced to the award stage with Paypoint Network Limited as the supplier, marking the completion of the tender. Key timelines include the contract period starting from 1st October 2024 and running until 30th September 2028. This procurement is specifically geared towards services and presents opportunities for businesses operating within England.

This tender offers substantial opportunities for growth, particularly for businesses in the financial service industry capable of providing consultancy, transaction processing, and clearing services. Given the substantial contract value and the extended period until 2028, companies can anticipate the opportunity for stable revenue streams. The procurement is well-suited for small and medium enterprises (SMEs) due to its suitability criteria, although large-scale companies such as Paypoint Network Limited have already successfully engaged. Thus, businesses ready to support the financial infrastructure of The Guinness Partnership can greatly benefit from such contracts, positioning themselves for further collaborations and expansions within the public sector.

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Notice Title

Payment Services

Notice Description

This is an award notice for a direct award via GCloud 13

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f024e90b-6206-4ecc-9f17-03b22a422685
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9e7f6c78-384c-4f7c-9f00-0028c33493e4
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£1,463,722 £1M-£10M
Lots Value
Not specified
Awards Value
£1,463,722 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
23 May 20259 months ago
Submission Deadline
1 May 2024Expired
Future Notice Date
Not specified
Award Date
15 May 20241 years ago
Contract Period
30 Sep 2024 - 30 Sep 2028 4-5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE GUINNESS PARTNERSHIP LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
NW1 3AX
Post Town
North West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Camden
Electoral Ward
Regent's Park
Westminster Constituency
Holborn and St Pancras

Supplier Information

Number of Suppliers
1
Supplier Name

PAYPOINT NETWORK

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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