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Official procurement procedure

Provision of Payment Services

Banking services
London (UKI4)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Post Office Limited: "Provision of Payment Services". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityPost Office LimitedScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Post Office Limited
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Post Office Limited. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
1Bids / Report
100% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 1 active published awards; 1 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityPost Office Limited
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published21 Jul 2023, 16:55 BST
Last source update21 Jul 2023, 16:55 BST
Recurring procurementNot published
ClassificationBanking services
Delivery area
London (UKI4)
OCIDocds-h6vhtk-03e478
What is being bought
The provision on payment and banking services that underpin the transactions conducted by the Post Office through its IT systems.
What changed
From the official release history
  1. Status changed to complete
    21 Jul 2023, 16:55 BST
  2. Official notice release published
    21 Jul 2023, 16:55 BST
  3. Buyer information updated
    21 Jul 2023, 16:55 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    The contract was a direct award to support the payment and banking services required to support the Post Offices transactions that are made via the pin entry devices within the branches. Additional information: This procurement was awarded via the Direct Award procedure.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    21 Jul 2023, 16:55 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 17 Apr 2023, 00:00 BST · £19,700,000
Commercial outcome and competition
Awards
WORLDLINE RETAIL ENTERPRISE (UK) LIMITED
Not published · Not published · active
Contracts
Provision of Payment Services
£19,700,000 · signed 17 Apr 2023, 00:00 BST · active
Bid statistics
bids: 1 (lot 1)
Buyer and organisations in this procedure

Post Office Limited

Contracting authority GB-FTS-87912
View buyer profile

  • Post Office Limited
    buyer

    02154540
    Finsbury Dials 20 Finsbury Street, London, UKI, EC2Y 9AQ
    procurement@postoffice.co.uk

  • Post Office Limited
    reviewBody

    London, EC2Y 9AQ

  • WORLDLINE RETAIL ENTERPRISE (UK) LIMITED
    supplier

    12178321
    1 Technology Drive, Beeston, Nottingham, UKF14, NG9 1LA
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleThe payment and banking service that is provided by the supplier is PCI compliant, be-spoked to the specific Post Office use cases, and was required to interoperate with both the legacy and new IT platforms in parallel.