This public procurement record has 4 releases in its history.

Award

23 Aug 2024 at 13:24

TenderUpdate

11 Apr 2024 at 05:49

Tender

10 Apr 2024 at 22:58

Planning

12 Dec 2023 at 09:39

Summary of the contracting process

Cottsway Housing Association Limited, located in Oxford (UKJ14), has completed the procurement process for the provision of payment services. The contract, titled "Cottsway - Tender for the Provision of Payment Services," involves the processing of financial transactions and clearing-house services. This includes managing all income and payment services through various methods such as direct debit, online payments, and telephone payments. Awarded to Allpay Limited, the contract is set to commence on 1st December 2024, with an initial term of three years, extendable up to five years. The procurement was conducted using the open procedure under the legal basis of CELEX 32014L0024, and the contract value is estimated at £600,000.

This tender represents a significant opportunity for businesses operating within the financial transaction processing industry. Companies with expertise in electronic payment systems stand to benefit greatly by securing such contracts with housing associations like Cottsway. The contract’s scope—covering payment processing for rent, court costs, and other charges—requires robust and reliable systems capable of handling a large volume of transactions. Businesses with a strong track record in implementing and supporting comprehensive payment solutions, including user acceptance testing and end-user training, will find this a lucrative opportunity for business growth and service expansion.

How relevant is this notice?

Notice Title

Cottsway - Tender for the Provision of Payment Services

Notice Description

Contract for the Provision of Payment Services for Cottsway Group.

Lot Information

Lot 1

Cottsway Housing put out a tender to appoint an experienced electronic payment services provider to process the payments for rent charges and other ad-hoc charges including court costs and rechargeable work. The supplier will collect virtually all of Cottsway's customers' payments. The contract will be for a duration of 3 years, with an extension option available at the client's discretion progressing up to a maximum of 5 years. The contract is due to start on 1st December 2024. The Supplier will be required to configure and implement the system, to meet Cottsway's requirements, assisting with the user acceptance testing and end user training, in order to ensure that it is fully operational within the required timescales.

Options: The initial contract is for a 36 month term, however this may be renewed for a further 24 months at the discretion of the contracting authority.

Renewal: The contract may be renewed for a further 24 months.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0424c6
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/027075-2024
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Planning 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

66133000 - Processing and clearing services

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£600,000 £500K-£1M
Lots Value
£360,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£500,000 £500K-£1M

Notice Dates

Publication Date
23 Aug 20242 years ago
Submission Deadline
15 May 2024Expired
Future Notice Date
18 Mar 2024Expired
Award Date
15 Aug 20242 years ago
Contract Period
1 Dec 2024 - 30 Nov 2027 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
Cottsway Housing Association Limited
Additional Buyers

Cottsway Housing Association

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
OXFORD
Postcode
OX28 4YG
Postcode Area
Oxford
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ14 Oxfordshire CC
Delivery Location
TLJ14 Oxfordshire CC

Local Authority
West Oxfordshire
Electoral Ward
Witney South
Westminster Constituency
Witney

Supplier Information

Number of Suppliers
1
Supplier Name

Allpay Limited

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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