Planning

Merchant Acquiring & Payment Gateway Services

STUDENT LOANS COMPANY

This public procurement record has 1 release in its history.

Planning

25 May 2025 at 17:07

Summary of the contracting process

The procurement process for 'Merchant Acquiring & Payment Gateway Services' is being conducted by the Student Loans Company, a central government public authority in the UK. The tender is currently at the planning stage, with a legal basis outlined under the UK Public Contracts Regulations 2023/54. This contract involves services within the banking and investment sector, specifically to provide payment gateway processing for payment card transactions. The procurement is planned to take place with a contract period from 21st December 2030 to 20th December 2033. A future notice is anticipated by 21st December 2029. The procurement is valued at a gross amount of £4,800,000.

This tender presents significant opportunities for businesses specialising in banking and investment services, particularly those with expertise in payment processing and gateway services. Companies experienced in handling high-volume payment card transactions and possessing robust technological solutions will be well-suited to compete for this contract. The substantial contract value indicates a strong growth opportunity for businesses looking to expand their footprint within the public sector. Furthermore, it presents a chance to build a long-term relationship with a central government agency, which could lead to further opportunities in the future.

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Notice Title

Merchant Acquiring & Payment Gateway Services

Notice Description

Provision of a payment gateway processing payment card transactions.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-052607
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/027411-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK1 - Pipeline Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
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

Notice Value(s)

Tender Value
£4,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
25 May 20259 months ago
Submission Deadline
Not specified
Future Notice Date
21 Dec 20294 years to go
Award Date
Not specified
Contract Period
21 Dec 2030 - 20 Dec 2033 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
STUDENT LOANS COMPANY
Contact Name
Not specified
Contact Email
commercial_governance@slc.co.uk
Contact Phone
Not specified

Buyer Location

Locality
DARLINGTON
Postcode
DL1 1RW
Post Town
Darlington
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC33 Darlington
Delivery Location
Not specified

Local Authority
Darlington
Electoral Ward
Red Hall & Lingfield
Westminster Constituency
Darlington

Further Information

Notice Documents

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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