Published date: 17 November 2021
Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.
Contract summary
Industry
Financial and insurance services - 66000000
Location of contract
London
Value of contract
£20,000,000
Procurement reference
BIP642873095
Published date
17 November 2021
Closing date
17 December 2021
Closing time
12pm
Contract start date
25 January 2022
Contract end date
24 January 2026
Contract type
Service contract
Procedure type
Open procedure
Any interested supplier may submit a tender in response to an opportunity notice.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
Hyde's intention in respect of this invitation to tender is to procure a digital payment solution to meet the company's listed requirements. Hyde's key aims, objectives and full list of requirements are covered in the ITT document. Hyde intends to enter into a Framework Agreement by going through a full process that will follow UK Procurement legislation under which it intends to issue a call-off contract with the highest ranked Bidder for a period of five (5) years with an option to extend for a further two (2) years. Other successful Bidders may also be issued a contract. Bidders should note that there may be multiple successful parties awarded a place on the framework but, as with any framework, this does not guarantee a call-off contract. The Framework Agreement will last for a period of four (4) years.
More information
Links
-
- https://www.delta-esourcing.com/tenders/UK-UK-London:-Financial-and-insurance-services./FU2U3KM5J7
- Tender notice
- Please follow this link to view the notice.
About the buyer
Address
30 Park Street
null
London
SE1 9EQ
UK
Telephone
+442032072574
Share this notice
Closing: 17 December 2021, 12pm