Merchant Services for Mass Transit Transactions

STRATHCLYDE PARTNERSHIP FOR TRANSPORT

There is 1 contract in this contracting process.

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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Tender

Merchant Services for Mass Transit Transactions

STRATHCLYDE PARTNERSHIP FOR TRANSPORT

Contract Timeline

Publication Date

20th November 2024 14:52:44 PM

Tender Deadline

20th December 2024 12:00:00 PM 29 days remaining
Contract Summary

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.
Contract Details

Open Contracting ID

ocds-h6vhtk-04bd5a

Publication Source

Find a Tender Service

Procurement Stage

Tender

Procurement Method

Open

Procurement Method Details

Open Procedure

Procurement Category

Services

Tender Suitability

Framework / DPS
Contract Classification

CPV Code(s)

66172000

CPV Division(s)

66 - Financial and insurance services
Awarding Authority

STRATHCLYDE PARTNERSHIP FOR TRANSPORT

Buyer Name

Buyer Email

Procurement@spt.co.uk

Buyer Phone

Buyer Address

131 St Vincent Street

Glasgow

G2 5JF

United Kingdom

View contract on Find a Tender Service

Merchant Services for Mass Transit Transactions

STRATHCLYDE PARTNERSHIP FOR TRANSPORT

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority