Awarded contract

Card Acquiring Tender

Details

Supplier(s)
GPUK LLP
Value
£250,000
Topic
Banking services
Published
24 July 2024

Tender 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. Lot 1: 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.

Timeline

  1. Completed: Award date2 July 2024
  2. Completed: Award published24 July 2024
    Current notice

About the buyer

The University of Chester is an English university with its own procurement team. Those contracts can also be awarded through a consortium framework agreement or dynamic purchasing system. Below the thresholds, contracts go through a consortium framework agreement, a dynamic purchasing system or a competitive tender. Regional higher education consortia, such as the North Western Universities Purchasing Consortium, also support its purchasing.

Over the past 5 years, most of University of Chester's contract awards have been in software and information systems, IT services and business services.

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Decision makers

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