This public procurement record has 5 releases in its history.

AwardUpdate

08 Nov 2022 at 09:15

Award

18 Oct 2022 at 08:43

TenderAmendment

23 Nov 2021 at 14:53

TenderAmendment

05 Nov 2021 at 10:06

Tender

05 Nov 2021 at 09:44

Summary of the contracting process

The University of Essex has awarded a contract for International Payments through a limited competitive quotation process. The total contract value is £25,471 GBP. The contract period is from 31st March 2022 to 30th March 2025. The tender closed on 10th December 2021.

This tender presents an opportunity for organisations providing international payment transfer services to engage with the University of Essex. Businesses with expertise in financial services and a track record of meeting the evolving needs of educational institutions would be well-suited to compete in this tender. The University seeks efficient, cost-effective solutions that can adapt to technological advancements and exceed user expectations.

How relevant is this notice?

Notice Title

T918 - International Payments

Notice Description

The University of Essex is seeking to develop efficient and cost-effective arrangements which will be capable of meeting future market and technological changes, and which will meet, and often exceed, user expectations. It is looking for a relationship with an organisation in which it can be confident will fulfil all of the Universities current and future requirements. It is important that any potential provider can add value through an effective dedicated corporate support team backed up by proactive education sector specialists.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-659ca370-e7ef-4ad8-b32d-5cc495a73d94
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/31d3f556-637e-4935-83f6-efdac82249c4
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66115000 - International payment transfer services

Notice Value(s)

Tender Value
£125,000 £100K-£500K
Lots Value
Not specified
Awards Value
£25,471 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Nov 20223 years ago
Submission Deadline
10 Dec 2021Expired
Future Notice Date
Not specified
Award Date
18 Oct 20223 years ago
Contract Period
31 Mar 2022 - 30 Mar 2025 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
UNIVERSITY OF ESSEX
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
COLCHESTER
Postcode
CO4 3SQ
Postcode Area
Colchester
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH3 Essex
Small Region (ITL 3)
TLH34 Essex Haven Gateway
Delivery Location
Not specified

Local Authority
Colchester
Electoral Ward
Wivenhoe
Westminster Constituency
Harwich and North Essex

Supplier Information

Number of Suppliers
1
Supplier Name

Fexco

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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