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Merchant Acquiring Services

University of York

This public procurement record has 1 release in its history.

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28 Jul 2023 at 09:51

Award Notice
Summary of the contracting process

The University of York has awarded a contract for Merchant Acquiring Services through a selective procurement method. The contract period is for an initial three years, with a possible extension for two more years. The contract value ranges from £3,300,000 to a maximum of £5,500,000. The procurement stage is complete, with the tender period ending on July 26, 2023. The contract period starts on August 1, 2023, and extends until July 31, 2026. The University of York, located in Yorkshire and the Humber, England, is the buying organisation in this process.

This tender for Merchant Acquiring Services by the University of York presents an opportunity for businesses, especially those in the banking services industry, to provide services for processing, authorising, and settling debit and credit transactions. Small and medium-sized enterprises (SMEs) would find this tender suitable for bidding. Businesses interested in providing merchant services across various payment channels may consider competing for this contract. The contract is valued at a significant amount, providing a lucrative opportunity for eligible suppliers to contribute to the University's financial transactions over the contract period.

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Notice Information

Notice Title

Merchant Acquiring Services

Notice Description

The University of York has direct awarded a contract for merchant acquiring services against the Crown Commercial Services RM6118 framework agreement, Lot 1. This covers the provision of merchant services for processing, authorisation and settlement of the University's debit and credit transactions via all payment channels. The contract period is for three years initially with an option to extend for 2 further years in annual increments. The value range indicates the estimated value for the minimum term and the maximum possible term respectively.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f8541f84-5c8d-4865-9bab-37d5f5c61d32
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/325bb6af-83b5-496e-b87e-f3ed027ff689
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

66110000 - Banking services

Notice Value(s)

Tender Value
£5,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,300,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jul 20233 years ago
Submission Deadline
26 Jul 2023Expired
Future Notice Date
Not specified
Award Date
26 Jul 20233 years ago
Contract Period
1 Aug 2023 - 31 Jul 2026 3-4 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 York
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
YORK
Postcode
YO10 5DD
Postcode Area
York
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE2 North Yorkshire
Small Region (ITL 3)
TLE21 York
Delivery Location
TLE Yorkshire and The Humber
Local Authority
York
Electoral Ward
Hull Road
Westminster Constituency
York Central

Supplier Information

Number of Suppliers
1
Supplier Name

Global Payments

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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