Award

Banking Services and Merchant Acquiring Services (re-issued)

SEFTON COUNCIL

This public procurement record has 1 release in its history.

Award

17 Aug 2021 at 12:30

Summary of the contracting process

Sefton Council is seeking to procure Banking Services and Merchant Acquiring Services through an open tender process, with the contract set to begin on 1st April 2021 and concluding on 31st March 2024, potentially extending for an additional two years. This procurement falls under the services category and is classified as banking services (CPV code 66110000). The relevant location for contract delivery is Bootle, UKD73. The tender has two distinct lots: Lot 1 for Banking Services, now cancelled, and Lot 2 for Merchant Acquiring Services, which is also cancelled. The procurement process has been marked as complete, with awards made to National Westminster Bank and LLOYDS BANK PLC TRADING AS CARDNET.

This tender presents substantial opportunities for growth for businesses involved in the financial services sector, particularly those specialising in banking services and payment processing solutions. Smaller entities and larger firms alike would benefit from competing for these services, especially with the option of bidding for either one of the lots or both together. Given the clear framework of quality and price criteria for evaluation, businesses that can demonstrate robust service delivery and competitive pricing may find advantageous positions in upcoming procurement opportunities from Sefton Council.

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Notice Title

Banking Services and Merchant Acquiring Services (re-issued)

Notice Description

Contract for the provision of Banking Services and Merchant Acquiring Services. The period of contract will be 1st April 2021 to 31st March 2024 plus 2 one year optional periods. The Council's banking arrangements and merchant services with the successful contractor or contractors will be conducted in accordance with all relevant statutory requirements including in particular the Local Government Finance Acts 1988 and 1992 and the Education Reform Act 1988, and all Regulations made under these Acts. The contract has been placed into two Lots. Lot 1 for Banking Services, and Lot 2 for Merchant Acquiring Services. Tenders can be for: * Either of lots 1 and 2 * lots 1 and 2 together.

Lot Information

Banking Services

Provision of Banking Services

Options: The contract will carry 2 one year options, exercisable on 1st April 2024 and 1st April 2025

Merchant Acquiring Services

Provision of Merchant Acquiring Services

Options: The contract will carry 2 one year options, exercisable on 1st April 2024 and 1st April 2025

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02d5dc
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/020077-2021
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
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

66110000 - Banking services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£735,605 £500K-£1M

Notice Dates

Publication Date
17 Aug 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Mar 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
SEFTON COUNCIL
Contact Name
Mrs Jane Taylor
Contact Email
jane.taylor1@sefton.gov.uk
Contact Phone
+44 1519344282

Buyer Location

Locality
BOOTLE
Postcode
L20 3NJ
Post Town
Liverpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD73 Sefton
Delivery Location
TLD73 Sefton

Local Authority
Sefton
Electoral Ward
Derby
Westminster Constituency
Bootle

Supplier Information

Number of Suppliers
2
Supplier Names

LLOYDS BANK PLC TRADING AS CARDNET

NARTIONAL WESTMINSTER BANK

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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