Tender

Overseas Debt Collection

STUDENT LOANS COMPANY

This public procurement record has 1 release in its history.

Tender

15 Feb 2024 at 17:25

Summary of the contracting process

The Student Loans Company (SLC) has initiated a tender process for "Overseas Debt Collection" services. The procurement stage is currently active, with a tender value of £4,500,000 in GBP. The contract period is set to start on 17th May 2024 and end on 16th May 2027. The procurement method is an open procedure with the closing date for the tender period on 18th March 2024. The service falls under the main procurement category of services, specifically collection agency services.

This opportunity presents potential for UK-based Debt Collection Agencies to engage with SLC in collecting overseas debt and completing customer documentation. Businesses suited for this tender are those experienced in debt collection services and operating in international jurisdictions, particularly the British Oversea Territories, Channel Islands, Europe, Isle of Man, and the rest of the world. SMEs are encouraged to participate in this tender opportunity.

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Notice Title

Overseas Debt Collection

Notice Description

SLC would like to appoint a UK based DCA to contact customers who SLC believe are resident overseas. The key objectives of this service are: i)to collect ICR debt and/or ii)to complete customer documentation (OVFA) to confirm the customers' current circumstances.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-49f47c0c-1e8f-4acc-b2b7-534d4ab910b8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f0c882fd-5de9-4278-986a-5f4ba132a485
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79940000 - Collection agency services

Notice Value(s)

Tender Value
£4,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Feb 20242 years ago
Submission Deadline
18 Mar 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
16 May 2024 - 16 May 2027 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
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
Not specified

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

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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