Card Acquiring Tender

Contract summary

Industry

• Banking services - 66110000

Location of contract

North West, West Midlands

Value of contract

£250,000 to £600,000

Procurement reference

2024-Feb-03

Published date

24 July 2024

Closing date

5 April 2024

Closing time

12pm

Contract start date

2 July 2024

Contract end date

1 July 2031

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

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Description

This Award Notice follows the University of Chester seeking tenders for its card acquiring which includes the processing, authorisation and settlement of the University's debit and credit transactions via all payment channels including customer present (Chip and PIN/contactless payments), customer not present (Mail Order / Telephone Order) and online (e-commerce). The University was seeking to develop efficient and cost-effective merchant service arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations. Please note the estimated total value includes the optional extension periods and is estimated to be in the range £250,000 to £750,000.
Please note that all values in this notice have been rounded up and are for the full potential 7 years of the contract.

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More information

Previous notice about this procurement

Card Acquiring Tender

• Opportunity
• Published 21 February 2024, last edited 21 March 2024

Links

• https://in-tendhost.co.uk/universityofchester
• Bid submission documents

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Award information

Awarded date

2 July 2024

Contract start date

2 July 2024

Contract end date

1 July 2031

Total value of contract

£250,000

This contract was awarded to 1 supplier.

Global Payments

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About the buyer

Contact name

Procurement Services

Address

Parkgate Road
CHESTER
CH1 4BJ
England

Telephone

01244 512910

Email

procurement@chester.ac.uk

Website

www.chester.ac.uk