Contracts FinderAwarded contract
Published 18 Jan 2016

Contracts Finder notice

TfL 91639 Merchant Acquiring Services.

Authority: TRANSPORT FOR LONDON FINANCE LIMITED

Negotiated procedure
CPV: Financial and insurance services (66000000)
Published contract value£360,000,000Exc. VAT
Contract ends 31 Dec 2026
Awarded to Barclays Bank PLC trading as Barclaycard Payment Acceptance
Contract starts 1 Jan 2017

What is being bought

Published requirement description

TfL are looking for a merchant acquirer, which is a financial institution that acts as an intermediary betweenmerchants (TfL (Transport for London)/TTL (Transport Trading Limited)) and their customers to facilitate theacceptance of card payments. This includes but is not limited to face to face, by telephone or via the internet 14/01/2016S9

ted.europa.eu/TED ↗

  • - Services - Contract notice - Negotiated procedure

Supplement to the Official Journal of the European Union

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transactions and will also include contactless (both retail and transit model transactions). The tenderer mustbe regulated to perform merchant acquiring business (and/or any other services the subject of the proposedcontract) in the UK in accordance with the relevant legislation and/or regulation, directive, laws, bye-laws andregulatory requirements necessary to perform such business and services in the UK. The services providedunder the contract may be expanded in the future to allow for the services to be provided in taxis and privatehire, and/or to allow for the services to be provided to or for other transport authorities in the United Kingdomor internationally, subject to the Greater London Authority Act 1999 (as Amended 2007). The contract term isexpected to be 7 years with the potential (at the discretion of (TTL/TFL)) for: i) extension (s) of 3 years; and/or ii)an additional period (at this stage not expected to exceed 12 months) during which some or all of the servicesmay continue to be provided to the extent required to facilitate an effective hand-back of the services to (TTL/TFL) or a successor provider. Currently TfL processes over 160 000 000 transactions per annum with a totaltransaction value of over 2 250 000 000 GBP.

Additional information: This opportunity is on the European Dynamics Portal which can be found at:

  1. eprocurement.tfl.gov.uk/epps ↗
  2. Your organisation may need to register if your company has not yet done so eprocurement.tfl.gov.uk/epps/ ↗
  3. The opportunity is called TfL91639.

Any further questions must be dealt with via the help desk (or by e mail through the portal): [email protected]

Telephone: +44 8000740503.

a) Transport for London (TfL) is a complex organisation operating both as an executive agency of the GreaterLondon Authority (GLA) under the direction of the Mayor of London and as provider of transport services.

b) Further information on TfL may be found at www.tfl.gov.uk ↗ and www.tfl.gov.uk/corporate/publicatio… ↗

c) Contract (s) may be awarded to the successful contractor by any part of TfL and/or any of its subsidiaries.

d) The awarding authority reserves the right withdraw from the procurement process and/or not to award anycontract as a result of the competition called tot by this notice and the awarding authority shall not be liablefor any costs or expenses incurred by any candidates in considering and/or responding to the procurementprocess.

e) All discussions and meetings will be conducted in English. Tenders and supporting documents must be pricedin GBP and all payments under the contract will be made in Sterling

g) TfL may interview any or all companies who express an interest in tendering for this work.

It should be noted that where standard re-accreditation and system integration is required, TfL's internal costis estimated to be 200 000 GBP and this will be taken account of in the tender evaluation. Additional testing,primarily related to the Transit Transaction Model, is estimated to result in a further 600 000 GBP of internalcost. This will not be taken account of in the tender evaluation as it is a non-standard item which could reducecompetition. Bidders are encouraged to make suggestions as to how both costs could be reduced.

Published procurement details

Procedure
Negotiated procedure
Buyer reference
TfL 91639/2
Category
Services
Tender status
Complete
Award status
Active
Suitable for SMEs
No
Suitable for voluntary, community and social enterprises
No
Published tender value
£200,000,000.00
Tender deadline
Published
Procurement method
Selective
Tender contract period: Start date
Tender contract period: End date
Item 1: Delivery locations as published
London, United Kingdom

Key dates

Published dates
  1. Notice published
    18 Jan 2016
  2. Award decision
    21 Dec 2016
  3. Contract starts
    1 Jan 2017
  4. Contract ends
    31 Dec 2026

Contracting authority & participating public bodies

  • TRANSPORT FOR LONDON FINANCE LIMITEDContracting authority 42-50 Victoria Street, LONDON, SW1H 0TL, EnglandContact email
    Identifier
    sid4gov.cabinetoffice.gov.uk/Zg6p7WX5 · GB-SRS
    URL
    https://eprocurement.tfl.gov.uk/epps

Suppliers named on the notice

  • Barclays Bank PLC trading as Barclaycard Payment AcceptanceSupplier 5 The North Colonnade, Canary Wharf, E14 4BB
    Voluntary, community or social enterprise
    No
    Business size
    Large

Official documents & specifications (5)

Official links; attachments are not copied

Tender pack and attachments

Notices published for this procedure

Source record

Source
Contracts Finder
Notice language
en
Release reference
ocds-b5fd17-3310d19e-adc9-11e6-9901-0019b9f3037b-2017-01-19T15:10:18Z
Published
18 Jan 2016
Latest update
19 Jan 2017
Procedure reference
ocds-b5fd17-3310d19e-adc9-11e6-9901-0019b9f3037b
Contract reference
ocds-b5fd17-3310d19e-adc9-11e6-9901-0019b9f3037b-1