Decision details

Payment Services (Merchant Acquiring Services)

Decision Maker: Cabinet Member for Finance and Reform

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To award the contract of Payment Services using the Crown Commercial Services Framework RM6118 Lot 1.

Decision:

1.         To note that appendices 1 to 3 are not for publication on the basis that they contain information relating to the financial or business affairs of any particular person (including the authority holding that information) as set out in paragraph 3 of Schedule 12A of the Local Government Act 1972 (as amended)

 

2.         It is recommended to award the contract for Payment Services (Merchant Acquiring Services) to Barclaycard under the Crown Commercial Services framework RM6118 Lot 1, as winners of the mini competition.

 

3.         To note that the contract will run for 3+1 years, annual costing for the contract will be circa £346,000 (based on forecast volumes), costing £1.4m for the duration.

 

Reasons for the decision:

The reason for this decision is to award the contract for Payment Services (Merchant Acquiring Services) in accordance with the Procurement Strategy approved in September 2022.  Under the Council’s standing orders, the relevant Cabinet Member is required to approve the award of this contract.

 

Alternative options considered:

Following the conclusion of the mini competition it is recommended that the contract for Payment Services (Merchant Acquiring Services) be awarded to Barclaycard for a period of three years with an option to extend for a further year.  Further detail on the mini competition is included in exempt appendices 1 to 3.

 

This is a large-scale financial service with only a limited number of operators serving the Local Authority market.

 

Publication date: 07/08/2023

Date of decision: 02/08/2023

Effective from: 11/08/2023

Accompanying Documents: