Financial and insurance services

Description

Providing residents and businesses in Gateshead with the facility to make payments to the Council and The Gateshead Housing Company Limited (known as ‘the Purchasers’ hereafter) using various outlets in cash, by cheque or using debit or credit cards. The Purchasers would like to offer this service across a national network of outlets and will require access to a network of payment facilities including the Post Office and PayPoint networks as these services are already being utilised by some Clients. Transactions, processed using the service, must clear into the Purchaser's main bank account and the solution must provide proper clearing bank guarantees and full safeguarding of any monies. Consolidated electronic files should be supplied for the reconciliation of transactions the format of which will be agreed with the successful contractor. There may also be a requirement for payment cards incorporating a design agreed with the Purchasers and identifying the Clients unique account number. The contract covers the provision of payments to the Council and the Gateshead Housing Company Limited by residents and businesses in Gateshead. The contract is for a period of 24 months commencing 1.10.2017 with an option to extend for a further 2 x 12 month periods.