Official UK procurement notice
Merchant Acquiring Services 2025-2031
Authority: Translink (Public body)
Sectors: Financial and insurance services (66) Delivery: Northern Ireland (UKN)
Awarded value£4,307,200published award · exc. VAT
Awarded 1 Oct 2025no call for competition
Awarded to U.S. BANK EUROPE DAC
What is being bought
Published requirement descriptionMerchant Acquiring Services to enable acceptance and processing of sales revenue from credit/debit card payments across the Group.
The lotProcurement structure
single lot · no lot value publishedLot #1Awarded
Procedure terms & legal framework
From the official record- Procedure method
- Direct award
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Notice status
- Awarded without competition
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Utilities
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 16 Oct 2025, 10:35 BST
- Last source update
- 5 Nov 2025, 09:10 GMT
- FTS notice number
2025/S 000-071096- Latest notice
- Contract details notice (UK7)
- Delivery area
- Official registry OCID
ocds-h6vhtk-05cdc7Find a Tender
- Why no open competition
- Single Suppliers Technical Reasons
- Published justification
Due to technical reasons, there is currently no reasonable alternative or substitute to Translink's existing provider, Elavon.
How it was run
Official notice- Submission deadline
- —
Timeline
4 Nov 2025 → 5 Nov 2025 · 2 dates- Standstill ends352 days ago4 Nov 2025, 23:59 GMT
- Notice published351 days ago5 Nov 2025, 09:10 GMT
Notice history
4 events · 3 releases on Find a Tender · since 16 Oct 2025- Transparency notice published16 Oct 2025, 10:35 BSTUK5
- Contract award notice published24 Oct 2025, 11:42 BSTUK6
- Contract details notice published5 Nov 2025, 09:10 GMTUK7
- Contract signature expected5 Nov 2025, 23:59 GMTscheduled
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value £4,307,2001 award exc. VAT
Contracts signed 1latest 5 Nov 2025
| Awarded to | Value | Date | Status |
|---|---|---|---|
| U.S. BANK EUROPE DAC5 Nov 2025 – 30 Sept 2029 · up to 30 Sept 2031Extensions: Initial period of four years until 30/09/2029 with options to extend by two periods of up to 12 months each. N.B The value for the initial 4 years is estimated at £2.8m, with the maximum contract value (6 years if extension taken up) being £4.3m exc. VAT. | £4,307,200 | 1 Oct 2025 | Awarded |
Contracts
Contract 1 · U.S. BANK EUROPE DAC
- Signed
- 5 Nov 2025
- Value
- £4,307,200
- Period
- 5 Nov 2025 – 30 Sept 2029 · up to 30 Sept 2031 with extensions
- Status
- active
- Extensions
- Initial period of four years until 30/09/2029 with options to extend by two periods of up to 12 months each. N.B The value for the initial 4 years is estimated at £2.8m, with the maximum contract value (6 years if extension taken up) being £4.3m exc. VAT.
No agreed KPIs: Direct Award
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- U.S. BANK EUROPE DACAwarded supplier
Official documents & specifications (3)
Official links; attachments are not copiedNotices published for this procedure
- Contract details notice Contract details notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Transparency notice Transparency notice on Find a Tender