Find a TenderAwarded
Published 21 Feb 2024, 16:17 GMT

Official UK procurement notice

Card Acquiring Tender · UK public procurement notice

Official notice

Authority: University of Chester (Charity / VCSE)·Consortium: 2 public authorities

ServicesOpen procedureSME suitable
Published estimate£750,000≈ £107k / year
Submissions closed 5 Apr 2024awarded 2 Jul 2024
Awarded to Global Payments
Contract term 7 yrsends 30 Jun 2031 · extension options published · starts 1 Jul 2024

What is being bought

Published requirement 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 is 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. It is looking for a relationship with an organisation which it can be confident will fulfil all the University’s current and future requirements. Please note the values in this notice are rounded up and are for the full potential 7 years of the contract including optional extension periods.

CPV: Banking services

The lotProcurement structure

single lot · value published
Lot #1This award notice follows University of Chester having tendered for card acquiring…AwardedRenewal 7 yrsPublished value£750,000

This award notice follows University of Chester having tendered for 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. The values entered into this notice are rounded up and for the value of the full 7 years including optional extensions.

Contract period: 1 Jul 2024 – 30 Jun 2031 (7 yrs)
Delivery: UK
Extensions: The initial contract is for 5 years with 2 potential extension years, after this the requirement may be retendered.Variant bids: not allowed

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 50%Price: 50%
Published sub-criteria (2)
  • Quality Evaluation: 50%
  • Pricing Evaluation: 50%
Published award criteria (2)
  • Quality Evaluation: 50
  • Pricing Evaluation: 50
Conditions of participation1
  • Suitability

    As stated in the procurement documents.

What this means for your bid
  • Price carries 50 of 100 points: a 10% discount moves about 5 points. This one is won on the number: sharpen the price before polishing the prose.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Yes
First published
21 Feb 2024, 16:17 GMT
Last source update
24 Jul 2024, 15:51 BST
Award evaluation window
28 Mar 2024 – …
Authority reference
2024-Feb-03
FTS notice number
2024/S 000-023081
Classification (CPV)
Banking services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-043bec Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment
Review and risk notes
Review procedure

As guided by UK Procurement law.

How it was run

Official notice
Run through: In-tend · Who buys & how to bid on In-tend
Supplier login requiredLanguage: EN
Access & registration note: Free · one account per buying organisation's portal · reCAPTCHA on signup
Submission deadline
5 Apr 2024, 12:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
28 Mar 2024, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

28 Mar 2024 → 24 Jul 2024 · 4 dates
  1. Bids opened
    28 Mar 2024, 12:00 GMT
  2. Submission deadline
    5 Apr 2024, 12:00 BST
  3. Contract starts
    1 Jul 2024, 00:00 BST
  4. Notice published
    24 Jul 2024, 15:51 BST

Notice history

3 events · 3 releases on Find a Tender · since 21 Mar 2024
  1. Deadline moved to 5 Apr 2024, 12:00 BST
    21 Mar 2024, 16:20 GMT
    +8 days · was 28 Mar 2024, 12:00 GMT
  2. Status changed to complete
    24 Jul 2024, 15:51 BST
  3. Buyer details updated
    24 Jul 2024, 15:51 BST
Published amendments (1 · 1 deadline change)
WhenWhatBeforeAfterShift
—DeadlineIV.2.228 Mar 20245 Apr 2024+8 d

1 amendment published without a description.

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £250,0001 contract exc. VAT
Bids received 21 from SMEs
Contracts signed 1latest 2 Jul 2024
Awarded toValueDateStatus
Global Payments£250,000 †—Awarded

Contracts

  • Card Acquiring Tender · Global Payments

    Signed
    2 Jul 2024
    Value
    £250,000
    Period
    … – 30 Jun 2031
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids · 2 electronic · 2 from abroad1——

Contracting authority & participating public bodies

2 public bodies on the notice

University of Chester

Contracting authorityCharity / VCSEBody governed by public lawEducation Parkgate Road, Chester, UKContact name, email Published organisation website ↗

Bidders & participating suppliers

1 commercial party on the notice
  • Global PaymentsAwarded supplierOC337146 Granite House, Granite Way, Syston, UK, LE17 1PL

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Technical selection criteriatenderTechnical selection criteria
  • Economic and financial selection criteriatenderEconomic and financial selection criteria