--- title: "Tate Galleries - Full-service payment provider" ocid: "ocds-h6vhtk-02dfc1" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02dfc1" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02dfc1.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02dfc1.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "TATE GALLERY" published: "2021-09-11" --- # Tate Galleries - Full-service payment provider Buyer: TATE GALLERY Current stage: Tender OCID: ocds-h6vhtk-02dfc1 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02dfc1) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-02dfc1.json) ## Summary Tate Gallery is seeking a full-service payment provider as part of a significant transformation of its customer-facing and revenue-generating systems. This procurement falls under the services category, specifically focusing on financial transaction processing and clearing-house services. The tender is currently active and is scheduled to close on 4th October 2021. The procurement method is a selective procedure with negotiation, highlighting an accelerated process due to dependent contracts requiring this provider to be in place promptly. Interested parties must deliver proposals electronically to Tate Gallery, located at 20 John Islip Street, London, SW1P 4RG, UK. This contract presents a substantial opportunity for small to medium enterprises (SMEs) and businesses specialising in payment processing services. By consolidating existing payment methods into a single provider, Tate seeks innovative partners capable of delivering cutting-edge solutions and exceptional service. This project not only aims to enhance user experience but also strives to reduce operational costs through economies of scale, making it an attractive proposition for competitive bidders with a proven track record in financial technology and related services. ## Notice Tate is embarking on an ambitious and wide-reaching transformation of its customer-facing and revenue-generating systems. One of the key projects within this programme of change is to consolidate the existing disparate payment processors serving our various business functions and replace them with a single full-service payment service provider. This project will enhance our customer experience across all touchpoints, unlock various strategic initiatives, enable joined-up reporting across the business, and offer a more attractive commercial proposition to Tate through lower fees afforded by economies of scale. Tate are seeking a long-term partner who will be able to provide a first-class product backed up by outstanding service and account management, and who will not just enable our roadmap and aspirations but also challenge us to go beyond our boundaries and continuously build and innovate so that we maintain our sector-leading proposition. ### Lot Information Lot 1 Tate is embarking on an ambitious and wide-reaching transformation of its customer-facing and revenue-generating systems. One of the key projects within this programme of change is to consolidate the existing disparate payment processors serving our various business functions and replace them with a single full-service payment service provider. This project will enhance our customer experience across all touchpoints, unlock various strategic initiatives, enable joined-up reporting across the business, and offer a more attractive commercial proposition to Tate through lower fees afforded by economies of scale. Tate is inviting PSPs to tender for this business. We are seeking a long-term partner who will be able to provide a first-class product backed up by outstanding service and account management, and who will not just enable our roadmap and aspirations but also challenge us to go beyond our boundaries and continuously build and innovate so that we maintain our sector-leading proposition. Please note the value of this contract is the total value of payments that will be processed (on average) by the PSP. Renewal: As the contract is intended to be a long-term partnership, the contract will have a minimum term of 3 years with extensions agreed between the parties from time to time. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/022610-2021 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Competitive procedure with negotiation | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 11 Sep 2021 | | Submission deadline | 4 Oct 2021 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £45,000,000 | | Lots value | £45,000,000 | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Active | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | TATE GALLERY | | Locality | LONDON | | Post town | South West London | | Postcode | SW1P 4RG | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | Westminster | | Electoral ward | Vincent Square | | Westminster constituency | Cities of London and Westminster | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66172000 - Financial transaction processing and clearing-house services ## Release History - 11 Sep 2021 at 08:14 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/022610-2021 ## Notice URLs - http://www.tate.org.uk - https://www.delta-esourcing.com/respond/88UPU55K5R - https://www.delta-esourcing.com/tenders/UK-UK-London:-Financial-transaction-processing-and-clearing-house-services./88UPU55K5R ## 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-h6vhtk-02dfc1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02dfc1.json.