Tender

Merchant Services for Mass Transit Transactions

STRATHCLYDE PARTNERSHIP FOR TRANSPORT

This public procurement record has 1 release in its history.

Tender

20 Nov 2024 at 14:52

Summary of the contracting process

Strathclyde Partnership for Transport (SPT) is seeking to procure merchant services for Mass Transit Transactions in Glasgow under an open procedure, classified under "Financial transaction processing and clearing-house services" (CPV 66172000). The tender, titled "Merchant Services for Mass Transit Transactions," has a contract value of £1,000,000 and involves a seamless integration with Visa Platform Connect. The tender was initiated on 20th November 2024, and the submission deadline is set for 20th December 2024, with the award period commencing on the same date. The contract period spans 1800 days, with an optional extension of 5 years included.

This tender offers substantial business growth opportunities, especially for companies proficient in financial transaction processing and electronic payment systems. Bidders must hold a valid UK registration with Companies House or ensure verification of their trading address. Prospective contractors should have experience with Visa Platform Connect and demonstrate a similar scope of services in the past three years. Suitable businesses are those with robust technical and financial capacities, capable of handling large-scale transaction processing seamlessly integrated with existing mass transit systems. This is a lucrative opportunity tailored for firms specialising in financial technology and transaction services.

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Notice Title

Merchant Services for Mass Transit Transactions

Notice Description

SPT has a requirement to procure merchant services for Mass Transit Transactions. The contractor must have an existing integration with Visa Platform Connect (VPC) https://www.visaacceptance.com/en-gb/solutions/connector-tools/visa-platform-connect.html to ensure seamless integration with the S&B systems. The Subway entry/exit gates are supplied by Scheidt & Bachmann GmbH (S&B) of Moenchengladbach, Germany. S&B will be supplying the contactless payment Account Based Ticketing (ABT) solution through their Fare Go Open Payments platform utilising Visa Platform Connect transaction handling.

Lot Information

Lot 1

SPT has a requirement to procure merchant services for Mass Transit Transactions. The contractor must have an existing integration with Visa Platform Connect (VPC) https://www.visaacceptance.com/en-gb/solutions/connector-tools/visa-platform-connect.html to ensure seamless integration with the S&B systems. The Subway entry/exit gates are supplied by Scheidt & Bachmann GmbH (S&B) of Moenchengladbach, Germany. S&B will be supplying the contactless payment Account Based Ticketing (ABT) solution through their Fare Go Open Payments platform utilising Visa Platform Connect transaction handling

Options: SPT reserves the right to procure any related services from the awarded contractor without limit to value.

Renewal: A 5 years optional extension clause is included.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04bd5a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/037552-2024
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

66100000 - Banking and investment services

66110000 - Banking services

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

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

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

Notice Dates

Publication Date
20 Nov 20241 years ago
Submission Deadline
20 Dec 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
STRATHCLYDE PARTNERSHIP FOR TRANSPORT
Contact Name
Not specified
Contact Email
procurement@spt.co.uk
Contact Phone
Not specified

Buyer Location

Locality
GLASGOW
Postcode
G2 5JF
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM82 Glasgow City

Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

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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