Tender

Payment Processing System

METROPOLITAN HOUSING TRUST LIMITED

This public procurement record has 1 release in its history.

Tender

02 Sep 2025 at 09:05

Summary of the contracting process

The Metropolitan Housing Trust Limited, a sub-central government public authority located in London, is initiating a tender for a Payment Processing System. This procurement process falls under the services category, specifically focusing on transaction-processing software. The tender involves maintaining and enhancing the online payment channel, with a view to incorporating open banking features. This open procurement process commenced on 2nd September 2025, and the tender submission deadline is set for 1st October 2025. The contract award period is expected to end on 15th October 2025. The contract term will be for three years, starting from 2nd February 2026, with a possibility of extending for an additional two years. The estimated contract value is £2,500,000 GBP.

This tender presents a significant opportunity for growth-oriented businesses, particularly those specialising in financial systems software, transaction processing, and billing systems. Given the emphasis on quality and price, alongside the requirement for social value contributions, businesses with a proven track record in innovative payment solutions and strong social responsibility credentials would be well-positioned to compete. The tender is especially suited for SMEs aiming to expand their portfolio in the financial and insurance services domain. The procurement method is an open procedure, allowing equal opportunity for qualified suppliers to submit their bids through the specified eSourcing portal in English.

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Notice Title

Payment Processing System

Notice Description

MTVH is seeking proposals from suitably qualified and experienced supplier to maintain the online payment channel and user experience (immediate payments, future payments, saved cards, wallet payments), with ambitions to utilise open banking. The contract will run for a period of 3 years with the option to extend for a further 2 years. in one year increments. MTVH is seeking to appoint up to 1 supplier as a main supplier. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Transaction-processing-software-package./ET9236D6J9 To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/ET9236D6J9

Lot Information

Lot 1

Renewal: The Contract will run for a period of 3 years with the option to extend for a further 1+1 years.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0591d1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/053019-2025
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services


CPV Codes

48217000 - Transaction-processing software package

48442000 - Financial systems software package

48444100 - Billing system

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£2,500,000 £1M-£10M
Lots Value
£2,500,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
2 Sep 20255 months ago
Submission Deadline
1 Oct 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
2 Feb 2026 - 1 Feb 2029 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
METROPOLITAN HOUSING TRUST LIMITED
Contact Name
Abdi Ali
Contact Email
abdi.ali@mtvh.co.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
N14 6PW
Post Town
North London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI54 Enfield
Delivery Location
Not specified

Local Authority
Enfield
Electoral Ward
Southgate
Westminster Constituency
Southgate and Wood Green

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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