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Merchant Acquiring - Government Banking Services

H M Revenue & Customs

This public procurement record has 1 release in its history.

Award

01 Feb 2022 at 14:44

Award Notice
Summary of the contracting process

The procurement process, initiated by HM Revenue & Customs, aims to secure Government Banking Services through a tender titled "Merchant Acquiring." This contract falls under the banking and investment services category and is located in the United Kingdom. The procurement method is limited, and it was conducted without prior publication. The current stage of this process is complete, with the related contract being signed on 31 December 2021, and it is valued at £196 million. This contract replaces an existing service that was set to expire at the end of 2021.

This tender presents a significant opportunity for businesses within the financial services sector, particularly those offering banking and payment solutions. Companies specialising in payment processing, merchant services, and financial technology would be particularly well-suited to compete for such contracts. Participation in this procurement process could lead to substantial growth by gaining access to a substantial volume of transactions, facilitating millions of payments across central government and the wider public sector.

How relevant is this notice?

Notice Information

Notice Title

Merchant Acquiring - Government Banking Services

Notice Description

Government Banking provide a shared Merchant Acquiring service to customers across Central Government and the wider public sector. Those services facilitate some 22 million transactions per annum with a total value of over PS2bn. This requirement is for a contract to replace the current provision which was due to expire on 31/12/2021.

Lot Information

Lot 1

Government Banking provide a shared Merchant Acquiring service to customers across Central Government and the wider public sector. Those services facilitate some 22 million transactions per annum with a total value of over PS2bn. This requirement is for a contract to replace the current provision which was due to expire on 31/12/2021.

Procurement Information

Call-Off Contract using CCS RM6118 Payment and Acceptance Framework

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0311b4
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/002842-2022
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66100000 - Banking and investment services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£196,000,000 £100M-£1B

Notice Dates

Publication Date
1 Feb 20224 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 Dec 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
H M Revenue & Customs
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SALFORD
Postcode
M60 9LA
Postcode Area
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
Not specified
Local Authority
Salford
Electoral Ward
Ordsall
Westminster Constituency
Salford

Supplier Information

Number of Suppliers
1
Supplier Name

WORLDPAY (UK) LIMITED (Company No. 07316500), WORLDPAY LIMITED (Company No. 03424752) and WORLDPAY AP LTD. (Company No. 05593466)

Further Information

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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