Award

ID590 Payment Services

ASPIRE HOUSING

This public procurement record has 1 release in its history.

Award

04 Feb 2026 at 15:41

Summary of the contracting process

Aspire Housing, a public authority operating at the sub-central level of government, has facilitated the procurement process for a contract titled "ID590 Payment Services." The objective of this procurement is to secure services related to payment processing for the Gateway Terminal, specified under the UK legal framework (2023/54). Located in Newcastle Under Lyme, Aspire Housing awarded the contract on 4th February 2026, following a limited competition method below the threshold. The contract, classified under the industry category of financial transaction processing services, runs from 4th February 2026 to 4th February 2030 and includes conditional provisions for an increase in contract value based on transaction volumes.

This tender provides a robust opportunity for growth, especially for businesses specialising in financial transaction processing services. Companies adept at managing and scaling transaction volumes with cost efficiency would find this contract beneficial. Given that Handepay Ltd, a large-scale entity based in Haydock, Merseyside, has secured the contract, it highlights the potential for established firms in the payment processing sector to successfully compete in such tenders. The procurement approach suggests a preference for streamlined, reliable service providers capable of handling extensive financial operations within the United Kingdom, thereby signalling significant business expansion possibilities for similar enterprises.

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Notice Title

ID590 Payment Services

Notice Description

Payment services for Gateway Terminal to process customer payment transactions. 4 year contract

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-064742
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010109-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£9,840 Under £100K

Notice Dates

Publication Date
4 Feb 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
4 Feb 20262 weeks ago
Contract Period
4 Feb 2026 - 4 Feb 2030 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
ASPIRE HOUSING
Contact Name
Not specified
Contact Email
contracts@aspirehousing.co.uk
Contact Phone
Not specified

Buyer Location

Locality
NEWCASTLE UNDER LYME
Postcode
ST5 0QW
Post Town
Stoke-on-Trent
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG24 Staffordshire CC
Delivery Location
Not specified

Local Authority
Newcastle-under-Lyme
Electoral Ward
May Bank
Westminster Constituency
Newcastle-under-Lyme

Supplier Information

Number of Suppliers
1
Supplier Name

HANDEPAY

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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