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Merchant Card Transaction Services

Borough Council of King's Lynn & West Norfolk

This public procurement record has 2 releases in its history.

Award

04 Apr 2023 at 19:05

Award Notice
Tender

23 Sep 2022 at 11:35

Tender Notice
Summary of the contracting process

The Borough Council of King's Lynn & West Norfolk is inviting tenders for Merchant Card transaction services. The procurement process involves two lots, one for transaction processing services and another for the supply of card payment terminals and support services. The tender is in the active stage, with a value of £515,000 GBP. The main procurement category is services, and the location is in North and West Norfolk. The procurement method is open, and the deadline for submission is October 31, 2022.

This tender by the Borough Council of King's Lynn & West Norfolk presents an opportunity for businesses, especially those providing financial transaction processing and clearing-house services. Small or medium enterprises (SMEs) could find this contract suitable. Businesses that can offer secure payment card acceptance, processing services, card terminals, and support services are well-suited to compete. The contract award for transaction processing services has been granted to Lloyds Bank plc. Potential bidders should ensure compliance with the specified criteria and deadlines to seize this growth opportunity.

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Notice Information

Notice Title

Merchant Card Transaction Services

Notice Description

The Borough Council of King's Lynn & West Norfolk is inviting tenders for Merchant Card transaction services. The tender is divided into two lots for transaction processing, and a separate lot for card terminal provision and support.

Lot Information

Transaction Processing Services

The Council seeks a provider of secure payment card acceptance and processing services to enable the processing of Visa and Mastercard card payments through face to face transactions, online payments and over the phone to collect payments.

Options: The contract for transaction processing will be for a three year initial period, with provision for an extension of up to 2 further years

Renewal: The contract is likely to be re-tendered a few months prior to expiry.

Supply of Card Payment Terminals & Support Services

The Council intends to acquire its own terminals with a support contract to facilitate the collection of face to face and customer not present transaction payments for its leisure services and other offices as may be required.

Options: The support and maintenance contract may be extended, the length of which will be determined by the lifespan of the terminals.

Renewal: The support and maintenance contract may be re-tendered a few months prior to expiry.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-036ae8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/009870-2023
Current Stage
Award
All Stages
Tender, 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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£515,000 £500K-£1M
Lots Value
£515,000 £500K-£1M
Awards Value
Not specified
Contracts Value
£350,000 £100K-£500K

Notice Dates

Publication Date
4 Apr 20233 years ago
Submission Deadline
31 Oct 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
A few months prior to expiry of the contract(s).

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Borough Council of King's Lynn & West Norfolk
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
KING'S LYNN
Postcode
PE30 1EX
Postcode Area
Peterborough
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH52 North and West Norfolk
Delivery Location
TLH16 North and West Norfolk
Local Authority
King's Lynn and West Norfolk
Electoral Ward
St. Margaret's with St. Nicholas
Westminster Constituency
North West Norfolk

Supplier Information

Number of Suppliers
1
Supplier Name

Lloyds Bank plc t/as Lloyds Bank Cardnet

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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