Tender

Merchant Services Provider

ROYAL COLLEGE OF ART

This public procurement record has 1 release in its history.

Tender

20 Dec 2023 at 19:06

Summary of the contracting process

The Royal College of Art in London has initiated a tender for the provision of Merchant Services. The contract, valued at £2,850,000 GBP, is for an initial term of three years with the possibility of renewal. The procurement process falls under the International payment transfer services category. The submission deadline for this tender is 22nd January 2024.

This opportunity by the Royal College of Art presents a chance for small or medium enterprises (SMEs) to compete for providing Merchant Services. Businesses in the financial services industry, particularly those offering international payment transfer services, would find this tender well-suited for growth. The procurement method for this opportunity is an open procedure, allowing interested entities to submit electronic or written bids in English. The contract is expected to create business opportunities in London, UK.

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Notice Title

Merchant Services Provider

Notice Description

The Royal College of Art wishes to enter into a contract for the services of a Merchant Services Provider for an initial term of three years.

Lot Information

Lot 1

The Royal College of Art wishes to enter into a contract for the services of a Merchant Services Provider in accordance with the Statement of Requirements set out in the procurement documents for an initial term of three years. Additional information: To respond to this opportunity please click here: https://www.delta-esourcing.com/respond/QB6YPXGHV2

Renewal: It is likely that, following the initial term of three years, the contract may be renewable on each subsequent anniversary of the commencement date.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0428f1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/037579-2023
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

66115000 - International payment transfer services

Notice Value(s)

Tender Value
£2,850,000 £1M-£10M
Lots Value
£2,850,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Dec 20232 years ago
Submission Deadline
22 Jan 2024Expired
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
ROYAL COLLEGE OF ART
Contact Name
Mr Andrew Davies
Contact Email
andrew.davies@rca.ac.uk
Contact Phone
+44 2075904444

Buyer Location

Locality
LONDON
Postcode
SW7 2EU
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London

Local Authority
Westminster
Electoral Ward
Knightsbridge & Belgravia
Westminster Constituency
Cities of London and Westminster

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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