---
title: "Merchant Banking Services"
ocid: "ocds-b5fd17-af22b9a4-f129-4cf6-8be3-4fb2c1ffd99f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-af22b9a4-f129-4cf6-8be3-4fb2c1ffd99f"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-af22b9a4-f129-4cf6-8be3-4fb2c1ffd99f.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-af22b9a4-f129-4cf6-8be3-4fb2c1ffd99f.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "SOUTH YORKSHIRE PASSENGER TRANSPORT EXECUTIVE"
published: "2021-02-24"
---

# Merchant Banking Services

Buyer: SOUTH YORKSHIRE PASSENGER TRANSPORT EXECUTIVE  
Current stage: Award  
OCID: ocds-b5fd17-af22b9a4-f129-4cf6-8be3-4fb2c1ffd99f

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-af22b9a4-f129-4cf6-8be3-4fb2c1ffd99f)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-af22b9a4-f129-4cf6-8be3-4fb2c1ffd99f.json)

## Summary

The South Yorkshire Passenger Transport Executive is seeking to award a contract for Merchant Banking Services, which is classified under banking services. The procurement process is in the Award stage, with the contract period set to commence on 1 April 2021 and concluding on 31 March 2024, allowing for a potential two-year extension. The estimated annual contract value is £40,000, resulting in a total expected value of £200,000 over the full term. Interested parties should note that the deadline for tender submissions was on 15 January 2021.

This tender presents a valuable opportunity for businesses specialising in banking services, particularly those classified as small and medium-sized enterprises (SMEs). Companies that can offer innovative financial solutions and demonstrate capability in managing banking operations may find this contract advantageous for expanding their client base in the public sector. The South Yorkshire Passenger Transport Executive is actively seeking suppliers who can effectively contribute to their financial objectives.

## Notice

The estimated contract value is PS40,000 per annum. The contract will run for an initial 3 year period from 1 April 2021 with an option to extend by up to 2 further years. Additional information: Full documentation can be downloaded from http://www.sypte.co.uk/WhatWeDo/Contracts Please note this contract has an option to extend by up to 2 further years, the estimated value is PS40K per annum hence the basis of the lowest and highest values stated above

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/0456d8e8-8413-46b4-ab7d-44bc480bc77f |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 24 Feb 2021 |
| Submission deadline | 15 Jan 2021 |
| Future notice date | Not specified |
| Award date | 23 Feb 2021 |
| Contract period | 31 Mar 2021 - 31 Mar 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £200,000 |
| Lots value | Not specified |
| Awards value | £50,000 |
| 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 | SOUTH YORKSHIRE PASSENGER TRANSPORT EXECUTIVE |
| Locality | SHEFFIELD |
| Post town | Sheffield |
| Postcode | S1 2BQ |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE3 South Yorkshire |
| ITL 3 | TLE32 Sheffield |
| Local authority | Sheffield |
| Electoral ward | City |
| Westminster constituency | Sheffield Central |
| Delivery location | TLE Yorkshire and The Humber |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | WORLD PAY (UK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66110000 - Banking services

## Release History

- 24 Feb 2021 at 11:02 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/0456d8e8-8413-46b4-ab7d-44bc480bc77f
- 27 Nov 2020 at 07:49 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/679bce3c-1e1e-4e41-a001-c26135e560e0

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/0456d8e8-8413-46b4-ab7d-44bc480bc77f
  24th February 2021 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/679bce3c-1e1e-4e41-a001-c26135e560e0
  27th November 2020 - Opportunity notice on Contracts Finder

## Notice URLs

- http://www.sypte.co.uk/WhatWeDo/Contracts
- https://sypte.co.uk/WhatWeDo/Contracts

## 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-af22b9a4-f129-4cf6-8be3-4fb2c1ffd99f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-af22b9a4-f129-4cf6-8be3-4fb2c1ffd99f.json.