Award

Merchant Acquiring Services

UNIVERSITY OF EDINBURGH

This public procurement record has 1 release in its history.

Award

07 Aug 2019 at 00:00

OJEU - F3 - Contract Award Notice
Summary of the contracting process

The University of Edinburgh initiated a public procurement process for Merchant Acquiring Services, including related equipment and payment gateway services. This tender process is now complete, with the award made to Worldpay, reflecting the procurement stage's progression. The services will be delivered in Edinburgh, with an active contract valued at £2,750,000, signed on 6th August 2019. The procurement was conducted under an open procedure as part of the Crown Commercial Services Framework Agreement RM3702.

This tender presents significant growth opportunities for businesses involved in financial services, particularly those offering payment processing and gateway solutions. Companies with expertise in merchant services and innovative payment technologies may find this contract appealing. The competitive nature of this tender, which received three bids, suggests a robust market interest, indicating that firms that can demonstrate high-quality service provision and competitive pricing can successfully compete in similar future tenders.

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Notice Information

Notice Title

Merchant Acquiring Services

Notice Description

Merchant Acquiring Services and Equipment and Payment Gateway Services

Lot Information

Lot 1

Merchant Acquiring Services and Equipment and Payment Gateway Services. This was a desk based mini-competition (against Crown Commercial Services Framework Agreement RM3702) conducted in line with instructions for such an evaluation contained in the Framework buyers guide.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000586204
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG362767
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

66110000 - Banking services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£2,750,000 £1M-£10M

Notice Dates

Publication Date
7 Aug 20196 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
6 Aug 20196 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF EDINBURGH
Contact Name
Not specified
Contact Email
antonia.hynd@ed.ac.uk
Contact Phone
+44 1316502508

Buyer Location

Locality
EDINBURGH
Postcode
EH1 1HT
Post Town
Edinburgh
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM75 City of Edinburgh
Local Authority
City of Edinburgh
Electoral Ward
City Centre
Westminster Constituency
Edinburgh East and Musselburgh

Supplier Information

Number of Suppliers
1
Supplier Name

WORLDPAY

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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