Tender

006/2022T Card Acquiring

UNIVERSITY OF THE WEST OF ENGLAND

This public procurement record has 1 release in its history.

Tender

21 Mar 2022 at 16:38

Summary of the contracting process

The University of the West of England is currently conducting an open tender titled "006/2022T Card Acquiring" for the provision of merchant services related to processing and settling debit and credit transactions. Located in Bristol, UK, this procurement falls under the financial and insurance services industry and is intended to create a long-term partnership capable of adapting to evolving market needs. The tender is active, with the submission deadline set for 29th April 2022, following a bid opening on the same date. The total contract value is estimated at £2,450,000, and the initial contract term is for five years, with options for renewal.

This tender presents significant business opportunities, particularly for companies specialising in payment processing, banking services, and transaction clearing. Businesses that excel in delivering innovative payment solutions, alongside robust customer support and expertise in the education sector, will be particularly well-positioned to compete for this contract. This is an excellent chance for vendors looking to expand their footprint in higher education or those seeking to form long-term partnerships with public sector organisations.

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Notice Title

006/2022T Card Acquiring

Notice Description

The University of the West of England is going out to tender for the provision of Merchant Services for processing, authorisation and settlement of the University's debit and credit transactions via all payment channels including customer present (Chip and PIN/contactless payments), customer not present (Mail Order / Telephone Order) and online (e-commerce). The University is seeking to develop efficient and cost-effective merchant service arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations. It is looking for a relationship with an organisation which it can be confident will fulfil all the University's current and future requirements. It is important that any potential acquiring partner can add value through an effective dedicated corporate support team backed up by a proactive education sector specialist Relationship Manager.

Lot Information

Lot 1

This tender is for the provision of Merchant Services for processing, authorisation and settlement of the University's debit and credit transactions via all payment channels including customer present (Chip and PIN/contactless payments), customer not present (Mail Order / Telephone Order) and online (e-commerce).

Renewal: The duration of this contract will be for an initial period of 60 months, with the option to extend for a further 2x12 months (in 12 months increments), subject to performance and agreement between the parties.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03245d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/007619-2022
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender 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

66000000 - Financial and insurance services

66100000 - Banking and investment services

66110000 - Banking services

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£2,450,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Mar 20223 years ago
Submission Deadline
29 Apr 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF THE WEST OF ENGLAND
Contact Name
Helen Baker
Contact Email
purchasing@uwe.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
BRISTOL
Postcode
BS16 1QY
Post Town
Bristol
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK52 Bath & North East Somerset and South Gloucestershire
Delivery Location
TLK11 Bristol, City of

Local Authority
South Gloucestershire
Electoral Ward
Stoke Park & Cheswick
Westminster Constituency
Filton and Bradley Stoke

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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