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Soft Market Testing Exercise for the Provision of Merchant Services

UNIVERSITY OF SOUTHAMPTON

This public procurement record has 1 release in its history.

Planning

28 Sep 2023 at 14:56

Planning Notice
Summary of the contracting process

The University of Southampton is currently running a Soft Market Testing Exercise for the Provision of Merchant Services, inviting interested parties to explore options available in the marketplace. The exercise aims to streamline card payment facilities, achieve PCI DSS Compliance, and enhance student payment experience. The deadline for completed questionnaires and requests to attend a Soft Market Testing Exercise is 12:00 (Noon) on 20th October 2023. The exercise is in the planning stage and falls under the financial consultancy and transaction processing services industry category. It presents an opportunity for businesses to engage with the University and showcase innovative solutions to meet their requirements.

The University of Southampton, acting as the buying organisation, is located in Southampton, Hampshire, UK. The procurement process is initiated as a tender with the aim of conducting pre-procurement market engagement without any commitment to future procurement. Potential providers must be able to integrate with the University's accounting software and various payment systems. The Soft Market Testing event offers businesses an opportunity to understand the University's requirements and propose tailored solutions that align with the University's objectives. This engagement can benefit service providers looking to establish a strong relationship with the University and introduce innovative payment service provisions.

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Notice Information

Notice Title

Soft Market Testing Exercise for the Provision of Merchant Services

Notice Description

The University of Southampton wishes to explore a range of options to meet its need for the provision of Merchant Services through a soft market testing exercise. The University is keen to explore options that may be available in the marketplace and interested parties are invited to complete a questionnaire and attend a Soft Market Testing event. Further details, including the University's high-level requirements, can be found at Section II.2.4.

Lot Information

Lot 1

The University is seeking to understand new and emerging innovations that have been made in this sector since out last tender process was undertaken with a primary focus of ascertaining how providers could assist in streamlining our current card payment facilities to allow for more efficient and effective reconciliation and management and aiding the University in achieving PCI DSS Compliance. Improvement to student experience of payment through these channels is also a priority. The University is seeking to develop efficient and cost-effective payment service provisions which will be capable of meeting future market and technological changes, and which will meet, and often exceed user expectations. It is looking to build strong working relationships with an organisation(s) in which it can be confident to deliver tangible value to the University. Potential providers must also be able to integrate with the University's accounting software package (Unit 4 Business World version 7.0/0(10)) to allow the import of data/files and also be compatible with various EPOS/Till systems the University utilises, including Gladstone and Uniware/Upay.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04061f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/028646-2023
Current Stage
Planning
All Stages
Planning

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
28 Sep 20232 years ago
Submission Deadline
Not specified
Future Notice Date
1 Dec 2023Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF SOUTHAMPTON
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SOUTHAMPTON
Postcode
SO17 1BJ
Postcode Area
Southampton
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ32 Southampton
Delivery Location
TLJ3 Hampshire and Isle of Wight
Local Authority
Southampton
Electoral Ward
Portswood
Westminster Constituency
Southampton Test

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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