Award

Debt Recovery Services

ASTON UNIVERSITY

This public procurement record has 1 release in its history.

Award

11 Mar 2025 at 16:55

Award Notice
Summary of the contracting process

The procurement process for Debt Recovery Services has been completed by Aston University, located in Birmingham, England. This contract falls under the Financial Consultancy Services category and addresses debt recovery with a student focus. The procurement method was selective, involving a call-off from the London Universities Purchasing Consortium framework agreement. The tender period ended on 31st January 2025, with the contract active from 1st March 2025 to 29th February 2028. The contract value is £230,000.

This tender presents significant business growth opportunities for SMEs specialised in debt recovery services, particularly those with experience in managing student debt. STA International Limited has been awarded the contract, highlighting its capacity to provide specialised financial consultancy services to academic institutions. Other businesses with similar expertise may find future opportunities in similar frameworks or consortium agreements.

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Notice Information

Notice Title

Debt Recovery Services

Notice Description

Debt Recovery Services Call off from the following framework: London Universities Purchasing Consortium (LUPC) Debt Recovery Services - PFB5062 LU Lot 1 - Debt Recovery (Student Focused)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2ff3df00-5d3e-426c-a431-995e474f3075
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/db68d202-f337-42af-9378-7470e4083b70
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£230,000 £100K-£500K
Lots Value
Not specified
Awards Value
£230,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Mar 202511 months ago
Submission Deadline
31 Jan 2025Expired
Future Notice Date
Not specified
Award Date
1 Mar 202511 months ago
Contract Period
1 Mar 2025 - 29 Feb 2028 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
ASTON UNIVERSITY
Contact Name
Jacob Rankine
Contact Email
j.rankine@aston.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
BIRMINGHAM
Postcode
B4 7ET
Post Town
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified
Local Authority
Birmingham
Electoral Ward
Nechells
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

STA INTERNATIONAL

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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