Scope
Description
Merchant Acquiring Services to enable acceptance and processing of sales revenue from credit/debit card payments across the Group.
Contract 1. Merchant Acquiring Services 2025-2031
Supplier
Contract value
- £4,307,200 excluding VAT
- £5,168,640 including VAT
Above the relevant threshold
Earliest date the contract will be signed
16 October 2025
Contract dates (estimated)
- 17 October 2025 to 30 September 2029
- Possible extension to 30 September 2031
- 5 years, 11 months, 14 days
Description of possible extension:
Initial period of four years, (01/10/2025 - 30/09/2029) with options to extend by two periods of up to 12 months each. N.B The value for the initial 4 years is estimated at £2.8m, with the maximum contract value (6 years if extension taken up) being £4.3m.
Main procurement category
Services
CPV classifications
- 66000000 - Financial and insurance services
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Direct award
Special regime
Utilities
Direct award justification
Single supplier - technical reasons
Due to technical reasons, there is currently no reasonable alternative or substitute to Translink's existing provider, Elavon.
Supplier
U.S. BANK EUROPE DAC
- Public Procurement Organisation Number: PYZD-5433-YBQL
Cherrywood Business Park
Dublin
D18 W2X7
Ireland
Email: Queries@Elavon.Com
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Contract 1. Merchant Acquiring Services 2025-2031
Contracting authority
Translink
- Public Procurement Organisation Number: PTMT-7134-NRMV
22 Great Victoria Street
Belfast
BT2 7LX
United Kingdom
Email: procurement@translink.co.uk
Region: UKN06 - Belfast
Organisation type: Public undertaking (commercial organisation subject to public authority oversight)
Devolved regulations that apply: Northern Ireland