---
title: "GB-London: CON-23-103 A Multilateral Interchange fee based on a Merchant Indifference Test for UK-EEA card-not-present transactions"
ocid: "ocds-b5fd17-7b325667-b68e-46c7-b74c-d9da200f8503"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7b325667-b68e-46c7-b74c-d9da200f8503"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7b325667-b68e-46c7-b74c-d9da200f8503.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-7b325667-b68e-46c7-b74c-d9da200f8503.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "PAYMENT SYSTEMS REGULATOR"
published: "2023-12-05"
---

# GB-London: CON-23-103 A Multilateral Interchange fee based on a Merchant Indifference Test for UK-EEA card-not-present transactions

Buyer: PAYMENT SYSTEMS REGULATOR  
Current stage: Award  
OCID: ocds-b5fd17-7b325667-b68e-46c7-b74c-d9da200f8503

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## Summary

The Payment Systems Regulator in London has completed a tender titled "CON-23-103 A Multilateral Interchange fee based on a Merchant Indifference Test for UK-EEA card-not-present transactions". This service procurement had a contract value of £235,200 and involved developing a cost methodology for card payment processing. The tender period ended on 17th July 2023, with a contract period from 22nd November 2023 to 29th March 2024. Grant Thornton LLP was the successful supplier for this award.

This procurement process led by the Payment Systems Regulator presents business growth opportunities in the business and management consultancy industry. Companies specialising in consultancy services related to merchant fees and card payment processing would be well-suited to compete. Understanding the requirements for developing cost methodologies and analysing payment processing costs will be key for businesses seeking to participate in similar future tenders.

## Notice

This work involves the development and implementation of a cost methodology and data collection approach to inform MIT calculations and measure costs of processing card payments. The work is split into 2 phases.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f202e674-fea1-4d12-abb4-392d9380daae |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Dec 2023 |
| Submission deadline | 16 Jul 2023 |
| Future notice date | Not specified |
| Award date | 16 Jul 2023 |
| Contract period | 22 Nov 2023 - 29 Mar 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £235,200 |
| Lots value | Not specified |
| Awards value | £235,200 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | PAYMENT SYSTEMS REGULATOR |
| Locality | LONDON |
| Post town | East London |
| Postcode | E20 1JN |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI41 Hackney and Newham |
| Local authority | Newham |
| Electoral ward | Stratford Olympic Park |
| Westminster constituency | Stratford and Bow |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | GRANT THORNTON |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 5 Dec 2023 at 11:40 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/f202e674-fea1-4d12-abb4-392d9380daae

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/f202e674-fea1-4d12-abb4-392d9380daae
  5th December 2023 - Awarded contract notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=826778847
  Please follow this link to view the notice.

## 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-b5fd17-7b325667-b68e-46c7-b74c-d9da200f8503. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-7b325667-b68e-46c7-b74c-d9da200f8503.json.