Award

Electronic Payment Gateway (EPG) Solution

STUDENT LOANS COMPANY LIMITED

This public procurement record has 1 release in its history.

Award

22 Nov 2021 at 17:19

Summary of the contracting process

The Student Loans Company Limited is seeking to enhance its operational capabilities through the procurement of a cloud-based Electronic Payment Gateway (EPG) Solution. This public procurement falls under the services category, specifically focusing on business transaction and personal business software, with a total value of £167,451.40. The procurement method used was a selective approach via a call-off from a framework agreement. The tender process concluded on 25 June 2021, and the awarded contract commenced on 1 October 2021, extending until 30 September 2023. The delivery of services is to be facilitated at the company's location in Glasgow, Scotland (postal code G2 7JD).

This tender presents significant opportunities for businesses specialising in payment solutions and financial technology, particularly those with cloud capabilities. Companies that can offer secure, reliable payment processing systems suited to public sector requirements will find this an attractive chance to expand their portfolio and clientele. Given that the Student Loans Company is a large public sector entity, small and medium-sized enterprises (SMEs) that can meet the technical specifications and compliance standards may be particularly well-positioned to compete for such contracts, fostering growth in this competitive sector.

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Notice Title

Electronic Payment Gateway (EPG) Solution

Notice Description

SLC have procured a cloud-based electronic payment gateway solution which will allow SLC to securely transmit BACS files to the bank for processing and payment.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-59c8ab6a-d278-4f0c-8c49-f7b9530b1188
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ff67d16a-3d82-4575-8954-4ab2eece0702
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48400000 - Business transaction and personal business software package

Notice Value(s)

Tender Value
£167,451 £100K-£500K
Lots Value
Not specified
Awards Value
£167,451 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Nov 20214 years ago
Submission Deadline
25 Jun 2021Expired
Future Notice Date
Not specified
Award Date
18 Aug 20214 years ago
Contract Period
30 Sep 2021 - 30 Sep 2023 1-2 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 LIMITED
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
G2 7JD
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
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

BOTTOMLINE TECHNOLOGIES

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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