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AwardedUnited KingdomServices£1,000,000Add to pipeline

Electronic Payment Services

Awarded to PayPoint Network Limited, allpay Limited

South East Consortium(buyer)

Published
Published 16 November 2022
Deadline
Closed 9 September 2022

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Overview

We would like to appoint suppliers that are capable of carrying out a fully managed and flexible electronic payment service.As part of the tender process, we will require tenderers to demonstrate expertise as a single or multiple network managed service provider (lot dependant) for high quality, efficient, secure and auditable fully managed electronic payment services. This solution enables customers to make payments such as rent, council tax, other bills and associated payments through a variety of payment methods and a range of convenient payment networks nationwide. The same solution must, on collection of the payment(s), transfer the funds to the member within reasonable timescales and provide a daily breakdown of payments made the previous day for accounts reconciliation purposes.

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Key details

Country
United Kingdom
Status
Awarded
Category
Services
Estimated value
£1,000,000
Procedure
Open procedure
SME suitable
Yes
Published
16 November 2022
Deadline
Closed
Classification (CPV)
Financial consultancy, financial transaction processing and clearing-house services

Award outcome

Awarded value
£1,000,000
Award date
15 November 2022
Contract period
15 November 2022 → 15 November 2026
Contract length
4 years
Winners
  • PayPoint Network Limited
  • allpay Limited

This contract ends on 15 November 2026.

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Market context

Typical award in Financial and insurance services

£120,000

Median of 2,335 awards in the last 24 months

This award is 8.3× the median.

Recent awards in Financial and insurance services

The latest contracts other buyers awarded under the same classification.

Notice history

Every published notice in this contracting process, newest first.

  1. Contract Award Notice

    16 November 2022

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