Award

GB-Glasgow: Bank Account Verification

STUDENT LOANS COMPANY

This public procurement record has 1 release in its history.

Award

11 Nov 2025 at 09:30

Summary of the contracting process

The recent procurement process by the Student Loans Company centred around the provision of bank account verification services, under the title "GB-Glasgow: Bank Account Verification". This procurement falls within the data services industry category, coded as CPV 72300000, and is based in Scotland, United Kingdom. The tender was completed successfully with an award on 28th October 2025, with the contract running from 30th November 2025 to 29th November 2028. The entire process reached the award stage, with a contract value of £164,240. The procurement method was not specified, and the tender was not specifically suited for small or voluntary, community and social enterprises (SMEs or VCSEs).

This contract presents a valuable opportunity for large service providers specialising in data services and financial verifications. With the Student Loans Company as the buyer, the project offers stable work over a multi-year period, beneficial for businesses aiming to expand their government contract portfolio. Large scale suppliers such as Experian LTD, who successfully secured the contract, demonstrate that experienced service providers capable of delivering data services at scale are well-positioned to compete in similar future tenders. Businesses looking to engage in this sector should be prepared to meet high compliance and service standards set by public entities like the Student Loans Company.

Find more tenders on our Open Data Platform.
How relevant is this notice?

Notice Title

GB-Glasgow: Bank Account Verification

Notice Description

Bank Account Verification 2 year term with 1x12 month extension option

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3ba275b5-4a1b-4df4-b25f-9e9d9f17fd7d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/35fbc714-efe6-48b6-b8ae-648f27ad112f
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72300000 - Data services

Notice Value(s)

Tender Value
£164,240 £100K-£500K
Lots Value
Not specified
Awards Value
£164,240 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Nov 20256 months ago
Submission Deadline
27 Oct 2025Expired
Future Notice Date
Not specified
Award Date
28 Oct 20256 months ago
Contract Period
30 Nov 2025 - 29 Nov 2028 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
STUDENT LOANS COMPANY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G5 8DF
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM Scotland

Local Authority
Glasgow City
Electoral Ward
Govan
Westminster Constituency
Glasgow South West

Supplier Information

Number of Suppliers
1
Supplier Name

EXPERIAN

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-3ba275b5-4a1b-4df4-b25f-9e9d9f17fd7d-2025-11-11T09:30:04Z",
    "date": "2025-11-11T09:30:04Z",
    "ocid": "ocds-b5fd17-3ba275b5-4a1b-4df4-b25f-9e9d9f17fd7d",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "BIP993442717",
        "title": "GB-Glasgow: Bank Account Verification",
        "description": "Bank Account Verification 2 year term with 1x12 month extension option",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "72300000",
            "description": "Data services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "Scotland",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 164240,
            "currency": "GBP"
        },
        "procurementMethodDetails": "Not specified",
        "tenderPeriod": {
            "endDate": "2025-10-27T00:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2025-11-30T00:00:00Z",
            "endDate": "2028-11-29T23:59:59Z"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-267024",
            "name": "Student Loans Company",
            "identifier": {
                "legalName": "Student Loans Company"
            },
            "address": {
                "streetAddress": "10 Clyde Place",
                "locality": "Glasgow",
                "postalCode": "G5 8DF",
                "countryName": "UK"
            },
            "contactPoint": {
                "name": "Amanda_Scott@slc.co.uk",
                "email": "Amanda_Scott@slc.co.uk",
                "telephone": "01413062109"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-327332",
            "name": "Experian LTD",
            "identifier": {
                "legalName": "Experian LTD"
            },
            "address": {
                "streetAddress": "The Sir John Peace Building Experian Way Ng2 Business Park Nottingham NG80 1ZZ"
            },
            "details": {
                "scale": "large"
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-267024",
        "name": "Student Loans Company"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-3ba275b5-4a1b-4df4-b25f-9e9d9f17fd7d-1",
            "status": "active",
            "date": "2025-10-28T00:00:00Z",
            "datePublished": "2025-11-11T09:30:03Z",
            "value": {
                "amount": 164240,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-327332",
                    "name": "Experian LTD"
                }
            ],
            "contractPeriod": {
                "startDate": "2025-11-30T00:00:00Z",
                "endDate": "2028-11-29T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/35fbc714-efe6-48b6-b8ae-648f27ad112f",
                    "datePublished": "2025-11-11T09:30:03Z",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "documentType": "tenderNotice",
                    "description": "Please follow this link to view the notice.",
                    "url": "https://www.delta-esourcing.com/delta/respondToList.html?noticeId=993442717"
                }
            ]
        }
    ]
}