--- title: "Payment Provider - PP1078" ocid: "ocds-b5fd17-50423c77-d5ed-413f-aaa5-5a1031bdf336" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-50423c77-d5ed-413f-aaa5-5a1031bdf336" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-50423c77-d5ed-413f-aaa5-5a1031bdf336.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-50423c77-d5ed-413f-aaa5-5a1031bdf336.json" source: "Contracts Finder" current_stage: "Tender" buyer: "ORBIT GROUP LIMITED" published: "2024-10-14" --- # Payment Provider - PP1078 Buyer: ORBIT GROUP LIMITED Current stage: Tender OCID: ocds-b5fd17-50423c77-d5ed-413f-aaa5-5a1031bdf336 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-50423c77-d5ed-413f-aaa5-5a1031bdf336) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-50423c77-d5ed-413f-aaa5-5a1031bdf336.json) ## Summary Orbit Group Limited, headquartered in Coventry, England, has initiated a tender for the provision of electronic payment services, including Direct Debits, Payment Cards, IVR, Open Banking, Web, and Virtual Terminals, under the title "Payment Provider - PP1078". This tender falls under the industry category of Financial Consultancy, Financial Transaction Processing, and Clearing-house services (CPV 66170000). The tender is currently active and being conducted through an open procedure, with all relevant documents available on the Proactis e-tender procurement portal. The tender period concludes on 13th November 2024, at 12:00 PM UTC. The contract is set to commence on 2nd February 2025 and will run for three years, with the possibility of extension up to six additional years, ultimately concluding on 30th July 2034. This tender presents substantial opportunities for business growth, particularly for SMEs that specialise in financial transaction processing and electronic payment solutions. With an estimated annual contract value of £500,000, businesses that can deliver innovative and reliable electronic payment solutions will find this tender appealing. Ideal candidates include companies that offer comprehensive payment processing systems and possess the capability to meet the functional and non-functional requirements specified. Competing for this tender could lead to a long-term partnership with Orbit Group Limited, creating avenues for consistent revenue and business expansion. ## Notice Orbit is looking for the provision of Payment services to include Electronic Payment Solution, including Direct Debits & Payment Cards, IVR, Open banking, Web and Virtual Terminals for all Orbit's clients. All the documents are on the e-tender procurement portal "Proactis". Please see the following documents, on the portal, for the full requirement: 4. Specification - Payment Provider 5. Functional requirements - Payment Provider (Q4.2) 6. Non-Functional Requirements - Payment Provider (Q4.3) The contract will be for a period of three (3) years until 30th July 2028, with the option to extend for up to a further six (6) years in biennial (2 year) increments (3+2+2+2) until 30th July 2034. Contract start date TBA, Service Go-Live date is 28th July 2025. The contract value is estimated to be PS500,000 per year. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/4f8c9157-eb4b-466d-af06-a762306bb6c8 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 14 Oct 2024 | | Submission deadline | 13 Nov 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 2 Feb 2025 - 30 Jul 2028 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £500,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | ORBIT GROUP LIMITED | | Locality | COVENTRY | | Post town | Coventry | | Postcode | CV3 2SU | | Country | England | | ITL 1 | TLG West Midlands (England) | | ITL 2 | TLG3 West Midlands | | ITL 3 | TLG33 Coventry | | Local authority | Coventry | | Electoral ward | Wyken | | Westminster constituency | Coventry East | | Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66170000 - Financial consultancy, financial transaction processing and clearing-house services ## Release History - 14 Oct 2024 at 15:32 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/4f8c9157-eb4b-466d-af06-a762306bb6c8 - 14 Oct 2024 at 15:30 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/093f24d1-4b9b-4fae-9974-b479357111fd ## Documents - https://www.contractsfinder.service.gov.uk/Notice/4f8c9157-eb4b-466d-af06-a762306bb6c8 14th October 2024 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/093f24d1-4b9b-4fae-9974-b479357111fd 14th October 2024 - Opportunity notice on Contracts Finder ## Notice URLs - http://www.orbit.org.uk ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-50423c77-d5ed-413f-aaa5-5a1031bdf336. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-50423c77-d5ed-413f-aaa5-5a1031bdf336.json.