Payment Processing Agents
A Contract Award Notice
by UNIVERSITY OF DERBY
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- not specified
- Value
- £174K
- Sector
- BUSINESS
- Published
- 25 Mar 2022
- Delivery
- not specified
- Deadline
- n/a
Concepts
Location
East Midlands England:
1 buyer
- Derby University Derby
1 supplier
- WPM Education West Sussex
Description
Provision of merchant payment gateway services to process financial card transactions.
Total Quantity or Scope
It is mandatory to provide a high level of integration, automation, flexibility, self -service and DCC capabilities for Recurring card payment. There must not be any limitations around frequency or fixing timing of payments. An automatic retry of failed payments is required. There shall be no reliance on third party solutions to collect and facilitate payments and no reliance on manual interventions to "manage" payment, changes in payment details and amounts and failures. Additional information: This contract has been awarded after pre-market engagement had been undertaken and negotiations held with the selected provider.
Award Detail
| 1 | WPM Education (West Sussex)
|
Award Criteria
| Adherence to requirements | 70% |
| price | 30% |
CPV Codes
- 66172000 - Financial transaction processing and clearing-house services
Legal Justification
There is no other provider that provides the same functionality and integration for Recurring Card Payments (RCP) in the sector. Potentially comparable solutions lack the same level of integration, automation, flexibility, self-service and DCC capabilities. To contact with a new provider will take two years to implement and will be at significant cost. It has been agreed that a tender process taking this into consideration will commence next year.
Other Information
** PREVIEW NOTICE, please check Find a Tender for full details. **
Reference
- ocds-h6vhtk-03269d
- FTS 008195-2022