Award

Banking & Card Acquiring Services

UNIVERSITY OF SOUTH WALES

This public procurement record has 1 release in its history.

Award

22 Feb 2022 at 00:00

Summary of the contracting process

The University of South Wales is conducting a tender for Banking & Card Acquiring Services, primarily targeted at the education sector in the UK. The procurement process is currently complete and involves multiple educational institutions, including the Royal Welsh College of Music and Drama and Merthyr Tydfil College, located in Pontypridd, Cardiff, and Merthyr Tydfil respectively. The open procurement method enabled various suppliers to submit bids, while key dates included a final submission deadline on 22nd July 2020. The tender was structured into two lots: one for comprehensive banking services and the other for card acquiring services.

This tender presents significant opportunities for businesses in the financial services sector, particularly those specialising in banking, payment processing, and providing tailored corporate support for educational institutions. Companies with a strong operational capability in maintaining banking relationships, managing transactions, and offering dedicated account management would be particularly well-suited to compete. It also encourages collaboration with educational entities, fostering growth opportunities through partnerships aimed at meeting evolving market demands.

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Notice Title

Banking & Card Acquiring Services

Notice Description

Tenders are being invited for the provision of day to day Banking and Card Acquiring services. The Group is seeking to develop efficient and cost-effective arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations. It is looking for a relationship with organisations in which it can be confident will fulfil all the Group's current and future requirements. It is important that any potential partner can add value through an effective dedicated corporate support team backed up by a proactive education sector specialist Relationship Director and/or Manager.

Lot Information

Delivery of a comprehensive banking service for the USW Group.

Tenders are being invited for the provision of day to day Banking and Card Acquiring services. The Group is seeking to develop efficient and cost-effective arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations. It is looking for a relationship with organisations in which it can be confident will fulfil all the Group's current and future requirements. It is important that any potential partner can add value through an effective dedicated corporate support team backed up by a proactive education sector specialist Relationship Director and/or Manager. The following legal entities are involved in this tender: University of South Wales Royal Welsh College of Music and Drama Merthyr Tydfil College University of South Wales Commercial Services Limited This tender is divided into two Lots and tenders can be submitted for one or more Lots. Delivery of a comprehensive banking service for the Group including the maintenance of bank accounts, handling of paper/BACS/Chaps/Faster payments, cash processing and other activities associated with University banking business.

Provision of Card Acquiring services to the USW Group.

Tenders are being invited for the provision of day to day Banking and Card Acquiring services. The Group is seeking to develop efficient and cost-effective arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations. It is looking for a relationship with organisations in which it can be confident will fulfil all the Group's current and future requirements. It is important that any potential partner can add value through an effective dedicated corporate support team backed up by a proactive education sector specialist Relationship Director and/or Manager. The following legal entities are involved in this tender: University of South Wales Royal Welsh College of Music and Drama Merthyr Tydfil College University of South Wales Commercial Services Limited This tender is divided into two Lots and tenders can be submitted for one or more Lots. Provision of Card Acquiring services to the Group for processing, authorisation and settlement of the Group's debit and credit transactions via all payment channels including: customer present (Chip and PIN), e-commerce and customer not present (Mail Order / Telephone Order).

Publication & Lifecycle

Open Contracting ID
ocds-kuma6s-102356
Publication Source
Sell2Wales
Latest Notice
https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=102356
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

66110000 - Banking services

66120000 - Investment banking services and related services

66150000 - Financial markets administration services

66151000 - Financial market operational services

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
Not specified

Notice Dates

Publication Date
22 Feb 20224 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 Sep 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF SOUTH WALES
Additional Buyers

MERTHYR TYDFIL COLLEGE

ROYAL WELSH COLLEGE OF MUSIC AND DRAMA

Contact Name
Not specified
Contact Email
enquiries@merthyr.ac.uk, gareth.tottle@rwcmd.ac.uk, procurement@southwales.ac.uk
Contact Phone
+44 1443482385, +44 1685726000, +44 2920391381

Buyer Location

Locality
PONTYPRIDD
Postcode
CF37 1DL
Post Town
Cardiff
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL51 Central Valleys and Bridgend
Delivery Location
TLL15 Central Valleys, TLL22 Cardiff and Vale of Glamorgan

Local Authority
Merthyr Tydfil
Electoral Ward
Cyfarthfa
Westminster Constituency
Merthyr Tydfil and Aberdare

Supplier Information

Number of Suppliers
2
Supplier Names

GLOBAL PAYMENTS

HSBC UK BANK

Further Information

Notice Documents

  • https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=FEB389793
    Banking & Card Acquiring Services - Tenders are being invited for the provision of day to day Banking and Card Acquiring services. The Group is seeking to develop efficient and cost-effective arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations. It is looking for a relationship with organisations in which it can be confident will fulfil all the Group's current and future requirements. It is important that any potential partner can add value through an effective dedicated corporate support team backed up by a proactive education sector specialist Relationship Director and/or Manager.

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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