Award

Debt Resolution Services

THE STUDENT LOANS COMPANY LIMITED

This public procurement record has 1 release in its history.

Award

14 Sep 2023 at 16:10

Summary of the contracting process

The Student Loans Company Limited has awarded a contract for Debt Resolution Services to TDX Group Ltd. The tender, titled "Debt Resolution Services," aims to manage a panel of Debt Collection Agencies for various debt types. The contract value is £4,950,000, and the contract period spans from August 29, 2023, to August 28, 2027. The procurement stage is complete, with the tender period ending on August 28, 2023.

This procurement process provides opportunities for businesses involved in collection agency services. Companies well-suited to compete in this tender should have expertise in managing debt collection for various debt types. The opportunity is particularly relevant for firms operating in the financial services sector or those specializing in debt collection services. The procurement method used for this tender is "Other," and it falls under the main procurement category of services.

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Notice Title

Debt Resolution Services

Notice Description

The management of a panel of Debt Collection Agencies for the collection of the following debt types: *Repayment of Grant Overpayments (RGO) - Overpaid grants to students. *Income Repayment Loans (ICR) - Student loans taken by students during university. *GLOP - Grant and Loan Overpayments

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6f44e1e9-0543-4719-a68b-7afbbf4947ec
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0cda21eb-ac87-4d39-afa2-0853ef88f29f
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
Other -
Tender Suitability
Not specified
Awardee Scale
Large

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
£4,950,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,950,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Sep 20232 years ago
Submission Deadline
27 Aug 2023Expired
Future Notice Date
Not specified
Award Date
27 Aug 20232 years ago
Contract Period
28 Aug 2023 - 28 Aug 2027 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
THE 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

TDX GROUP

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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