Award

Merchant Acquirer and Gateway

GENERAL MEDICAL COUNCIL (GMC)

This public procurement record has 2 releases in its history.

Award

21 Feb 2025 at 11:49

Tender

13 May 2024 at 09:42

Summary of the contracting process

The General Medical Council (GMC) has initiated a procurement process for a merchant acquiring and payment gateway service, classified under the industry category of Banking and Investment Services (CPV 66100000). The procurement, titled "Merchant Acquirer and Gateway," is currently in the award stage with key dates including the tender period ending on 14th June 2024 and the contract being signed on 1st December 2024. Located in the UK, the GMC’s procurement method for this open procedure aimed at facilitating the collection of payments has resulted in an active contract. The contract has been awarded to Lloyds Banking Group for an amount of £6,500,000.

This tender represents a significant opportunity for businesses within the banking and payment services sector looking to expand their client base. Companies with expertise in providing comprehensive payment gateway solutions will find this tender particularly advantageous. The procurement process being open allows fair competition, ensuring that qualified businesses, including those equipped to meet social value and quality criteria, can vie for such lucrative government contracts. Participating businesses can expect to gain sizeable contracts potentially leading to steady revenue streams and enhanced market credibility.

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Notice Title

Merchant Acquirer and Gateway

Notice Description

The GMC requires a merchant acquiring and payment gateway service to facilitate collection of payments

Lot Information

Lot 1

The GMC requires a merchant acquiring and payment gateway service to facilitate the collection of payments

Renewal: Up to 3 periods of 12 months

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-045908
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/006636-2025
Current Stage
Award
All Stages
Tender, Award

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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

66110000 - Banking services

Notice Value(s)

Tender Value
£6,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£6,500,000 £1M-£10M

Notice Dates

Publication Date
21 Feb 20251 years ago
Submission Deadline
14 Jun 2024Expired
Future Notice Date
Not specified
Award Date
1 Dec 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
GENERAL MEDICAL COUNCIL (GMC)
Contact Name
Not specified
Contact Email
gmctenders@gmc-uk.org
Contact Phone
+44 1619236340

Buyer Location

Locality
MANCHESTER
Postcode
M3 3AW
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
Not specified

Local Authority
Manchester
Electoral Ward
Deansgate
Westminster Constituency
Manchester Central

Supplier Information

Number of Suppliers
1
Supplier Name

LLOYDS BANKING GROUP

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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