Award

Merchant Acquiring Services for West Lindsey District Council

WEST LINDSEY DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

03 Jun 2025 at 12:48

Summary of the contracting process

The procurement process for Merchant Acquiring Services was conducted by West Lindsey District Council, a local authority situated in Gainsborough, England, with legal representation provided by Anna Grieve. The service falls within the Banking services industry (CPV code: 66110000) and covers the delivery location of England, United Kingdom. The tender period concluded on 16 February 2025, while the contract period spans from 1 April 2025 to 30 March 2035. The process has recently moved to the award stage on 18 February 2025, culminating in an active contract valued at £530,000, awarded to Lloyds Banking Group, a large-scale supplier. The procurement method for this service was not specified, although the process is listed under the services category.

This contract presents substantial growth opportunities for businesses specializing in banking services by securing a long-term partnership with West Lindsey District Council. Despite the procurement not being marked suitable for SMEs or VCSEs, businesses with large-scale capacity and experience in merchant acquiring services can leverage this opportunity to expand their clientele in the public sector. This may particularly benefit enterprises looking to establish or solidify presence in the UK government service domain. Collaboration or subcontracting with larger firms like Lloyds Banking Group can also serve as a strategic route for business growth, given the extensive contract duration.

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Notice Title

Merchant Acquiring Services for West Lindsey District Council

Notice Description

Merchant Acquiring Services for West Lindsey District Council

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f94c9436-82b8-433a-9476-1c72257cc4e4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f3c96e81-8b4a-44a9-ac66-020a76f4b8f2
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66110000 - Banking services

Notice Value(s)

Tender Value
£530,000 £500K-£1M
Lots Value
Not specified
Awards Value
£530,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
3 Jun 20258 months ago
Submission Deadline
16 Feb 2025Expired
Future Notice Date
Not specified
Award Date
18 Feb 20251 years ago
Contract Period
31 Mar 2025 - 30 Mar 2035 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
WEST LINDSEY DISTRICT COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GAINSBOROUGH
Postcode
DN21 2NA
Post Town
Doncaster
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF3 Lincolnshire
Small Region (ITL 3)
TLF30 Lincolnshire CC
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
West Lindsey
Electoral Ward
Gainsborough South-West
Westminster Constituency
Gainsborough

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANKING GROUP

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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