Award

Debt Recovery

UNIVERSITY OF CUMBRIA

This public procurement record has 1 release in its history.

Award

17 Feb 2025 at 15:35

Summary of the contracting process

The University of Cumbria has concluded its procurement process for a debt recovery service, with a particular focus on financial and insurance services. The contract, titled "Debt Recovery," encompasses UK debt collection, international debt collection, student debt collection, and online reporting. The award has been granted to STA International Ltd for a total contract value of £66,000. This selective procurement process was conducted through a call-off from a framework agreement. Key dates include the contract start date of January 1, 2025, and an end date of December 31, 2028. The primary location for service delivery is the North West region of the United Kingdom.

This contract presents a significant opportunity for businesses specialising in debt recovery services to expand their operations within the educational sector. Larger businesses with experience in UK and international debt collection would particularly benefit from engaging with such a contract. This tender is ideal for companies that can handle student debt recovery and provide comprehensive online reporting tools. By partnering with the University of Cumbria, businesses can enhance their service portfolio and establish a strong presence in the public education sector.

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Notice Title

Debt Recovery

Notice Description

The University of Cumbria is looking for a debt collection agency to complete debt recovery following failed attempts under the University's standard collection process, including but not limited to; * UK Debt Collection * International Debt Collection * Student Debt Collection * Online reporting

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5bab21b3-b440-4312-814d-6a672c797039
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b0c485d6-9309-4149-8573-eee3087e721c
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£66,000 Under £100K
Lots Value
Not specified
Awards Value
£66,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Feb 20251 years ago
Submission Deadline
20 Dec 2024Expired
Future Notice Date
Not specified
Award Date
20 Dec 20241 years ago
Contract Period
1 Jan 2025 - 31 Dec 2028 4-5 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
UNIVERSITY OF CUMBRIA
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
-
Postcode
CA1 2HH
Post Town
Carlisle
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
TLD North West (England)

Local Authority
Cumberland
Electoral Ward
Castle
Westminster Constituency
Carlisle

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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