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
Award decision date
1 October 2025
Standstill period
- End: 4 November 2025
- 8 working days
Earliest date the contract will be signed
5 November 2025
Contract dates (estimated)
- 5 November 2025 to 30 September 2029
- Possible extension to 30 September 2031
- 5 years, 10 months, 26 days
Description of possible extension:
Initial period of four years until 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 exc. VAT.
Main procurement category
Services
CPV classifications
- 66000000 - Financial and insurance services
Contract locations
- UKN - Northern Ireland
Procedure
Procedure type
Direct award
Special regime
Utilities
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
Supported employment provider: No
Public service mutual: 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