Award

Merchant Acquirer and Gateway

GENERAL MEDICAL COUNCIL (GMC)

This public procurement record has 1 release in its history.

Award

21 Feb 2025 at 17:45

Summary of the contracting process

The General Medical Council (GMC) completed a procurement process for a merchant acquiring and payment gateway service, titled "Merchant Acquirer and Gateway", in the Banking and investment services category. The GMC, located in Manchester, England, sought a supplier to facilitate the collection of payments worldwide, including the British Overseas Territories, Channel Islands, Europe, Isle of Man, and the United Kingdom. This open procedure tender reached the award stage with an end date for the tender period on 14 June 2024. The contract was awarded to Lloyds Banking Group with a contract period from 1 December 2024 to 30 November 2029, valued at £6,500,000.

This tender presents substantial business growth opportunities, particularly for large enterprises specializing in financial services and payment processing. The scope and value of the contract highlight a significant engagement in global payment facilitation, making it an optimal fit for companies with extensive capabilities in handling diverse geographical payment requirements. While SMEs and VCSEs were not explicitly targeted, companies with a robust infrastructure in the banking and investment services sector will find this contract highly rewarding, cementing a long-term partnership with the GMC.

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Notice Title

Merchant Acquirer and Gateway

Notice Description

The GMC requires a merchant acquiring and payment gateway service to facilitate collection of payments

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f3aa430e-9751-4b23-ab6d-c2633cfc449d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/240a87b3-3d8f-4904-ac5d-eb0a200b2dee
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

Notice Value(s)

Tender Value
£6,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£6,500,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Feb 20251 years ago
Submission Deadline
14 Jun 2024Expired
Future Notice Date
Not specified
Award Date
1 Dec 20241 years ago
Contract Period
1 Dec 2024 - 30 Nov 2029 Over 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
GENERAL MEDICAL COUNCIL (GMC)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MANCHESTER
Postcode
M3 3AW
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
Not specified

Local Authority
Manchester
Electoral Ward
Deansgate
Westminster Constituency
Manchester Central

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANKING GROUP

Further Information

Notice Documents

Notice URLs

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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