---
title: "Banking Services - 2019/S 198-481245"
ocid: "ocds-b5fd17-9ab3cfc7-1e76-4978-8c21-4b9876c30419"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-9ab3cfc7-1e76-4978-8c21-4b9876c30419"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-9ab3cfc7-1e76-4978-8c21-4b9876c30419.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-9ab3cfc7-1e76-4978-8c21-4b9876c30419.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "POST OFFICE LIMITED"
published: "2020-09-30"
---

# Banking Services - 2019/S 198-481245

Buyer: POST OFFICE LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-9ab3cfc7-1e76-4978-8c21-4b9876c30419

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## Summary

The procurement process involves Post Office Limited (POL) seeking Banking Services under the title "Banking Services - 2019/S 198-481245". This initiative falls within the banking services industry and is located in the United Kingdom, with a focus on Merchant Acquiring and Gateway Services. The contract has been awarded via a selective procurement method and is currently in the Award stage. The award notice was published on 30th September 2020, with the contract effective from 9th November 2020 for a period of three years, potentially extendable by 24 months. The value of the contract amounts to £57,875,000.

This tender presents an excellent opportunity for companies involved in financial services, particularly those specialising in payment processing and clearing services. Businesses that provide innovative Merchant Acquiring solutions, or those capable of offering Gateway Services, would be well-suited to explore similar procurement opportunities. Engaging in this sector could enable growth for firms aiming to support national organisations like the Post Office and tap into lucrative contracts within the financial services industry.

## Notice

***Please note this is an award notice, not a call for competition*** Post Office Limited (POL) has a requirement for Merchant Acquiring and Gateway Services. This has been sourced via direct award against CCS RM6118 Payment Acceptance Framework Agreement - Lot 1 Face to Face and Card Not Present (CNP) Card Acquiring, Gateway and Alternative Payment Methods (APM), although POL does not have a requirement for APM Services at this time. Additional information: The call-off contract is awarded for a period of 3 years with options to extend up to a further 24 months thereafter. Target date for commencement is 9th November 2020.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/26efbedf-c45f-4d7e-8647-aadb86a2970f |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 30 Sep 2020 |
| Submission deadline | 30 Oct 2020 |
| Future notice date | Not specified |
| Award date | 24 Sep 2020 |
| Contract period | 9 Nov 2020 - 8 Nov 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £57,875,000 |
| Lots value | Not specified |
| Awards value | £57,875,000 |
| 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 | POST OFFICE LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2Y 9AQ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI43 Haringey and Islington |
| Local authority | Islington |
| Electoral ward | Bunhill |
| Westminster constituency | Islington South and Finsbury |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | GPUK LLP TRADING AS GLOBAL PAYMENTS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66110000 - Banking services
- 66133000 - Processing and clearing services
- 66172000 - Financial transaction processing and clearing-house services

## Release History

- 30 Sep 2020 at 11:32 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/26efbedf-c45f-4d7e-8647-aadb86a2970f

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/26efbedf-c45f-4d7e-8647-aadb86a2970f
  30th September 2020 - Awarded contract notice on Contracts Finder

## Notice URLs

- https://www.postoffice.co.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-b5fd17-9ab3cfc7-1e76-4978-8c21-4b9876c30419. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-9ab3cfc7-1e76-4978-8c21-4b9876c30419.json.