Card Acquiring Tender

University of ChestercontractContracts FinderRef 2024-Feb-03SME suitableVCSE suitablecomplete
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Estimated value

£600k

Awarded value

£250k

Awarded 01 Jul 2024

Suppliers

1

Lots

1

1 awarded

Published

24 Jul 2024

Deadline 05 Apr 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

Awarded to