Published date: 12 July 2019
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Financial transaction processing and clearing-house services - 66172000
Location of contract
South West
Value of contract
£6,000,000
Procurement reference
tender_166998/776574
Published date
12 July 2019
Closing date
8 October 2018
Contract start date
1 April 2019
Contract end date
31 March 2026
Contract type
Service contract
Procedure type
Open procedure (above threshold)
Any interested supplier may submit a tender in response to an opportunity notice.
This procedure can be used for procurements above the relevant contract value threshold.
Contract is suitable for SMEs?
No
Contract is suitable for VCSEs?
No
Description
Merchant services for processing, authorisation and settlement of debit and credit card transactions.
The University is seeking a provider of merchant services for 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 successful Supplier will be expected to provide a high level availability of the service and add value
through an effective support.
More information
Previous notice about this procurement
- Opportunity
- Published 11 September 2018
Additional text
-
The values quoted makes allowance for the inclusion all interchange, scheme and processing fees that make up the transaction costs.
The initial contract period will be for 5 years with an option to extend for a maximum of a further 2 years.
The awarded value assumes the option to extend is exercised in full.
Award information
Awarded date
5 March 2019
Contract start date
1 April 2019
Contract end date
31 March 2026
Total value of contract
£8,000,000
This contract was awarded to 1 supplier.
Global Payments
Address
61 De Monfort Street, Leicester, LE1 7BB
Reference
Companies House number: 0C337146
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
Martyn Dean
Address
4th Floor, Augustine's Courtyard, Orchard Lane
Bristol
BS1 5DS
England
Telephone
0117 3940653
Share this notice
Closing: 8 October 2018