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plannedFind a Tender · planning Update

Merchant Acquiring

Buyer: London Borough of Southwark →

BuyerLondon Borough of Southwark
Statusplanned
DeadlineNot published
Value£2,800,000
Published26 May 2026

What is being bought

'PLEASE NOTE THIS IS A PIPELINE NOTICE - NOT LIVE TENDER OPPORTUNITY - TENDER NOTICE TO FOLLOW'. The forthcoming opportunity relates to the provision of Merchant Acquiring Services (facilitates the acceptance of debit and credit card payments by managing transaction authorisation, routing through card schemes, and settlement of funds to the organisation) (Previous pipeline publication was Income and Payment Management Systems, however scope has changed as per the above description)

Categories

Financial transaction processing and clearing-house services 66172000

Lot details

Lot 1

No lot description published.

Statusplanned
Contract periodFrom 2 Apr 2027 to 30 Apr 2029

What is included

ItemCategoryQuantity
1Financial transaction processing and clearing-house servicesNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 66. The category anchor is Financial transaction processing and clearing-house services (66172000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 661,0403 median · 20 average (325 of 1,040 with a bid count)2 average (373 of 1,040 with named award suppliers)Not published
Same buyer0Not publishedNot publishedNot published
Similar published value (0.5×–2×)11614 median · 14 average (1 of 116 with a bid count)9 average (1 of 116 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetValue not published
No-engagement rationaleNot published
Planning documents1
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Documents & submission route

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-052670
Latest release ID048456-2026
Latest release timestampTue May 26 2026 08:56:02 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statusplanned
Procurement methodNot published
Procurement method detailsNot published
Main procurement categoryservices
Above thresholdYes
Legal basis2023/54
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender value£2,800,000
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release0
Contracts in latest release0
Parties in latest release1

Notice history

DateEventReference
26 May 2026planningUpdate048456-2026
26 May 2025planning027531-2025

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
{
  "id": "048456-2026",
  "tag": [
    "planningUpdate"
  ],
  "date": "2026-05-26T09:56:02+01:00",
  "ocid": "ocds-h6vhtk-052670",
  "buyer": {
    "id": "GB-PPON-PXTW-7647-VDLV",
    "name": "London Borough of Southwark"
  },
  "tender": {
    "id": "DN776059",
    "lots": [
      {
        "id": "1",
        "status": "planned",
        "hasRenewal": true,
        "contractPeriod": {
          "endDate": "2029-04-30T23:59:59+01:00",
          "startDate": "2027-04-02T00:00:00+01:00",
          "maxExtentDate": "2031-04-30T23:59:59+01:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "additionalClassifications": [
          {
            "id": "66172000",
            "scheme": "CPV",
            "description": "Financial transaction processing and clearing-house services"
          }
        ]
      }
    ],
    "title": "Merchant Acquiring ",
    "value": {
      "amount": 2800000,
      "currency": "GBP",
      "amountGross": 3700000
    },
    "status": "planned",
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "description": "'PLEASE NOTE THIS IS A PIPELINE NOTICE - NOT LIVE TENDER OPPORTUNITY - TENDER NOTICE TO FOLLOW'.\nThe forthcoming opportunity relates to the provision of Merchant Acquiring Services (facilitates the acceptance of debit and credit card payments by managing transaction authorisation, routing through card schemes, and settlement of funds to the organisation)\n(Previous pipeline publication was Income and Payment Management Systems, however scope has changed as per the above description)",
    "communication": {
      "futureNoticeDate": "2026-07-13T23:59:59+01:00"
    },
    "aboveThreshold": true,
    "mainProcurementCategory": "services"
  },
  "parties": [
    {
      "id": "GB-PPON-PXTW-7647-VDLV",
      "name": "London Borough of Southwark",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI44",
        "country": "GB",
        "locality": "London",
        "postalCode": "SE1 2QH",
        "countryName": "United Kingdom",
        "streetAddress": "Southwark Council, 160 Tooley Street"
      },
      "details": {
        "url": "http://www.southwark.gov.uk",
        "classifications": [
          {
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - sub-central government"
          }
        ]
      },
      "identifier": {
        "id": "PXTW-7647-VDLV",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "name": "Charlotte Crane",
        "email": "charlotte.crane@southwark.gov.uk"
      }
    }
  ],
  "language": "en",
  "planning": {
    "documents": [
      {
        "id": "048456-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/048456-2026",
        "format": "text/html",
        "noticeType": "UK1",
        "description": "Pipeline notice on Find a Tender",
        "documentType": "plannedProcurementNotice",
        "datePublished": "2026-05-26T09:56:02+01:00"
      }
    ]
  },
  "initiationType": "tender"
}
Complete JSON history (2 releases)
26 May 2026 · 048456-2026 · planningUpdate
{
  "id": "048456-2026",
  "tag": [
    "planningUpdate"
  ],
  "date": "2026-05-26T09:56:02+01:00",
  "ocid": "ocds-h6vhtk-052670",
  "buyer": {
    "id": "GB-PPON-PXTW-7647-VDLV",
    "name": "London Borough of Southwark"
  },
  "tender": {
    "id": "DN776059",
    "lots": [
      {
        "id": "1",
        "status": "planned",
        "hasRenewal": true,
        "contractPeriod": {
          "endDate": "2029-04-30T23:59:59+01:00",
          "startDate": "2027-04-02T00:00:00+01:00",
          "maxExtentDate": "2031-04-30T23:59:59+01:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "additionalClassifications": [
          {
            "id": "66172000",
            "scheme": "CPV",
            "description": "Financial transaction processing and clearing-house services"
          }
        ]
      }
    ],
    "title": "Merchant Acquiring ",
    "value": {
      "amount": 2800000,
      "currency": "GBP",
      "amountGross": 3700000
    },
    "status": "planned",
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "description": "'PLEASE NOTE THIS IS A PIPELINE NOTICE - NOT LIVE TENDER OPPORTUNITY - TENDER NOTICE TO FOLLOW'.\nThe forthcoming opportunity relates to the provision of Merchant Acquiring Services (facilitates the acceptance of debit and credit card payments by managing transaction authorisation, routing through card schemes, and settlement of funds to the organisation)\n(Previous pipeline publication was Income and Payment Management Systems, however scope has changed as per the above description)",
    "communication": {
      "futureNoticeDate": "2026-07-13T23:59:59+01:00"
    },
    "aboveThreshold": true,
    "mainProcurementCategory": "services"
  },
  "parties": [
    {
      "id": "GB-PPON-PXTW-7647-VDLV",
      "name": "London Borough of Southwark",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI44",
        "country": "GB",
        "locality": "London",
        "postalCode": "SE1 2QH",
        "countryName": "United Kingdom",
        "streetAddress": "Southwark Council, 160 Tooley Street"
      },
      "details": {
        "url": "http://www.southwark.gov.uk",
        "classifications": [
          {
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - sub-central government"
          }
        ]
      },
      "identifier": {
        "id": "PXTW-7647-VDLV",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "name": "Charlotte Crane",
        "email": "charlotte.crane@southwark.gov.uk"
      }
    }
  ],
  "language": "en",
  "planning": {
    "documents": [
      {
        "id": "048456-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/048456-2026",
        "format": "text/html",
        "noticeType": "UK1",
        "description": "Pipeline notice on Find a Tender",
        "documentType": "plannedProcurementNotice",
        "datePublished": "2026-05-26T09:56:02+01:00"
      }
    ]
  },
  "initiationType": "tender"
}
26 May 2025 · 027531-2025 · planning
{
  "id": "027531-2025",
  "tag": [
    "planning"
  ],
  "date": "2025-05-26T21:37:26+01:00",
  "ocid": "ocds-h6vhtk-052670",
  "buyer": {
    "id": "GB-PPON-PXTW-7647-VDLV",
    "name": "London Borough of Southwark"
  },
  "tender": {
    "id": "DN776059",
    "lots": [
      {
        "id": "1",
        "status": "planned",
        "contractPeriod": {
          "endDate": "2032-04-30T23:59:59Z",
          "startDate": "2027-04-01T00:00:00Z"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "additionalClassifications": [
          {
            "id": "66172000",
            "scheme": "CPV",
            "description": "Financial transaction processing and clearing-house services"
          }
        ]
      }
    ],
    "title": "Income and Payment Management Systems",
    "value": {
      "currency": "GBP",
      "amountGross": 4440000
    },
    "status": "planned",
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "description": "'PLEASE NOTE THIS IS A PIPELINE NOTICE - NOT LIVE TENDER OPPORTUNITY - TENDER NOTICE TO FOLLOW'.\nThe forthcoming opportunity relates to the provision of a Finance system",
    "communication": {
      "futureNoticeDate": "2025-09-30T23:59:59Z"
    },
    "aboveThreshold": true,
    "mainProcurementCategory": "services"
  },
  "parties": [
    {
      "id": "GB-PPON-PXTW-7647-VDLV",
      "name": "London Borough of Southwark",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI44",
        "country": "GB",
        "locality": "London",
        "postalCode": "SE1 2QH",
        "countryName": "United Kingdom",
        "streetAddress": "Southwark Council, 160 Tooley Street"
      },
      "details": {
        "url": "http://www.southwark.gov.uk",
        "classifications": [
          {
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - sub-central government"
          }
        ]
      },
      "identifier": {
        "id": "PXTW-7647-VDLV",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "name": "Mrs Katerina Athanasiadou",
        "email": "Katerina.Athanasiadou@southwark.gov.uk",
        "telephone": "+44 2075252281"
      }
    }
  ],
  "language": "en",
  "planning": {
    "documents": [
      {
        "id": "027531-2025",
        "url": "https://www.find-tender.service.gov.uk/Notice/027531-2025",
        "format": "text/html",
        "noticeType": "UK1",
        "description": "Pipeline notice on Find a Tender",
        "documentType": "plannedProcurementNotice",
        "datePublished": "2025-05-26T21:37:26+01:00"
      }
    ]
  },
  "initiationType": "tender"
}