Card Acquiring Tender
Estimated value
£600k
Awarded value
£250k
Suppliers
1
Lots
1
Published
24 Jul 2024
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.
Scope
- Reference
- 2024-Feb-03
- Total value
- £600,000 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 01 Jul 2024 to 30 Jun 2031
- CPV classifications
- 66110000
- Particular suitability
- Small and medium-sized enterprises (SME)Voluntary, community and social enterprises (VCSE)
Submission & procedure
- Submission deadline
- 05 Apr 2024, 11:00 am
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£250k
Award date
01 Jul 2024
Contract start
01 Jul 2024
Contract end
30 Jun 2031