Tender

Payment Provider

ORBIT GROUP LIMITED

This public procurement record has 1 release in its history.

Tender

14 Oct 2024 at 15:25

Summary of the contracting process

Orbit Group Limited, based in Coventry, UK, has initiated a tender for the provision of Payment services, encompassing Electronic Payment Solutions, including Direct Debits, Payment Cards, IVR, Open banking, Web, and Virtual Terminals for its clients. The tender, titled "Payment Provider," falls under the category of Financial consultancy, financial transaction processing and clearing-house services. The procurement process is currently at the Tender stage, with the deadline for submissions set for 13th November 2024 at 12:00 PM. The contract duration is initially three years, ending on 30th July 2028, with the potential for extension up to 2034 in biennial increments. The service is scheduled to go live on 28th July 2025, utilising an open procedure handled electronically via the Proactis e-tender portal.

This tender presents a robust opportunity for businesses specialising in financial technologies and payment processing solutions to partner with a reputable housing and community amenities provider, Orbit Group Limited. Companies that can offer high-quality, reliable, and innovative payment systems, as well as those capable of adhering to strict compliance and functional requirements, will find this procurement process particularly beneficial for long-term business growth. With a significant focus on quality (70%) and competitive pricing (30%), businesses that excel in these areas and can navigate an open procurement method stand a strong chance of securing this lucrative contract.

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Notice Title

Payment Provider

Notice Description

Orbit is looking for the provision of Payment services to include Electronic Payment Solution, including Direct Debits & Payment Cards, IVR, Open banking, Web and Virtual Terminals for all Orbit's clients. The contract will be for a period of three (3) years until 30th July 2028, with the option to extend for up to a further six (6) years in biennial (2 year) increments (3+2+2+2) until 30th July 2034. Contract start date TBA, Service Go-Live date is 28th July 2025.

Lot Information

Lot 1

Orbit is looking for the provision of Payment services to include Electronic Payment Solution, including Direct Debits & Payment Cards, IVR, Open banking, Web and Virtual Terminals for all Orbit's clients. This tender opportunity is run on the e-tender procurement portal "Proactis". Please see the following documents, on the portal, for the full requirement: 4. Specification - Payment Provider 5. Functional requirements - Payment Provider (Q4.2) 6. Non-Functional Requirements - Payment Provider (Q4.3)

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04abee
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/033044-2024
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

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
14 Oct 20241 years ago
Submission Deadline
13 Nov 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
ORBIT GROUP LIMITED
Contact Name
Mrs Barbara Hunter
Contact Email
group.tenders@orbit.org.uk
Contact Phone
Not specified

Buyer Location

Locality
COVENTRY
Postcode
CV3 2SU
Post Town
Coventry
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG33 Coventry
Delivery Location
Not specified

Local Authority
Coventry
Electoral Ward
Wyken
Westminster Constituency
Coventry East

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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