Approval to waive Contract Standing Orders to Procure and Award a Merchant Acquiring Contract for 18 Months via Direct Award
July 29, 2026 Corporate Director of Finance & Resources (Officer) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
The Corporate Director of Finance and Resources approved the direct award of a Merchant Acquiring contract to Barclays Bank PLC. This decision, made on 29/07/2026, approves the contract for up to 18 months with an estimated value of £1.08 million. The decision includes granting a waiver of Contract Standing Orders and noting Contract Standing Order 89 considerations.
Full council record
Purpose
To approve the direct award a merchant acquiring contract.
Decision
(1) To note that the Deputy Leader & Cabinet Member for Finance and Resources, having consulted with the Leader, has granted a waiver of the requirement to comply with Contract Standing Orders in respect of the Contract for Merchant Acquiring services.
(2) To note the Contract Standing Order 89 considerations set out in the accompanying report.
(3) To approve the direct award of the Contract for Merchant Acquiring services for a period of up to 18 months, in the estimated sum of £1.08 million, Barclays Bank PLC.
Reasons for the decision
As detailed within the accompanying report.
Alternative options considered
As detailed within the accompanying report.
Details
| Outcome | Recommendations Approved |
| Decision date | 29 Jul 2026 |
| Effective from | 20 Aug 2026 |
| Lead officer | Benjamin Ainsworth |
| Subject to call-in | Yes |