Award

Domestic Payments Platform

SOUTHAMPTON SOLENT UNIVERSITY

This public procurement record has 1 release in its history.

Award

28 Apr 2022 at 09:18

Summary of the contracting process

The procurement process pertains to the award of the "Domestic Payments Platform" contract by Southampton Solent University, based in Southampton, England. This contract falls under the financial consultancy and transaction processing industry, with an estimated value of £200,000 over a contract duration from 28 April 2022 to 27 March 2026. The procurement was conducted using a direct award method, marking the process as complete as of 28 April 2022. The tender period closed on 22 March 2022, and the award notice was published for transparency.

This tender presents excellent opportunities for small and medium-sized enterprises (SMEs) specialising in financial services, especially in domestic payment solutions and transaction processing. Businesses that can innovate and provide efficient payment functionalities may find this contract particularly relevant, as it will complement existing facilities within the higher education sector. The anticipated expenditure of up to £200,000 over four years could significantly enhance the growth potential for suitable service providers looking to engage with public sector clients.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Domestic Payments Platform

Notice Description

Provision of a domestic payments functionality to compliment existing facilities. This contract has been awarded and this notice is for transparency purposes only. Value stated is an estimate of anticipated spend over a period of up to 4 years and is not a guaranteed sum or contract length and may be subject to change depending level of spend observed.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-aaf9ff12-0f3c-46e5-926b-9e57be5b8238
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/131cff0d-5aeb-4c3b-b610-8a71de86ef00
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 - Direct award
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
£200,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Apr 20223 years ago
Submission Deadline
22 Mar 2022Expired
Future Notice Date
Not specified
Award Date
27 Apr 20223 years ago
Contract Period
27 Apr 2022 - 27 Mar 2026 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
SOUTHAMPTON SOLENT UNIVERSITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SOUTHAMPTON
Postcode
SO14 0YN
Post Town
Southampton
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ32 Southampton
Delivery Location
Not specified

Local Authority
Southampton
Electoral Ward
Bargate
Westminster Constituency
Southampton Itchen

Supplier Information

Number of Suppliers
1
Supplier Name

FLYWIRE PAYMENTS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-aaf9ff12-0f3c-46e5-926b-9e57be5b8238-2022-04-28T10:18:12+01:00",
    "date": "2022-04-28T10:18:12+01:00",
    "ocid": "ocds-b5fd17-aaf9ff12-0f3c-46e5-926b-9e57be5b8238",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "22/FIN/41",
        "title": "Domestic Payments Platform",
        "description": "Provision of a domestic payments functionality to compliment existing facilities. This contract has been awarded and this notice is for transparency purposes only. Value stated is an estimate of anticipated spend over a period of up to 4 years and is not a guaranteed sum or contract length and may be subject to change depending level of spend observed.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66170000",
            "description": "Financial consultancy, financial transaction processing and clearing-house services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "United Kingdom"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Guernsey"
                    },
                    {
                        "countryName": "Jersey"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 60000,
            "currency": "GBP"
        },
        "value": {
            "amount": 200000,
            "currency": "GBP"
        },
        "procurementMethodDetails": "Other - Direct award",
        "tenderPeriod": {
            "endDate": "2022-03-22T00:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2022-04-28T00:00:00+01:00",
            "endDate": "2026-03-27T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/635A8Pbq",
            "name": "Southampton Solent University",
            "identifier": {
                "legalName": "Southampton Solent University",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/635A8Pbq"
            },
            "address": {
                "streetAddress": "East Park Terrace",
                "locality": "SOUTHAMPTON",
                "postalCode": "SO140YN",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Inez Scudder",
                "email": "inez.scudder@solent.ac.uk",
                "telephone": "023 8201 3604"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-07677601",
            "name": "FLYWIRE PAYMENTS LIMITED",
            "identifier": {
                "legalName": "FLYWIRE PAYMENTS LIMITED",
                "scheme": "GB-COH",
                "id": "07677601"
            },
            "address": {
                "streetAddress": "Devonshire House 60 Goswell Road LONDON EC1M 7AD GB"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/635A8Pbq",
        "name": "Southampton Solent University"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-aaf9ff12-0f3c-46e5-926b-9e57be5b8238-1",
            "status": "active",
            "date": "2022-04-28T00:00:00+01:00",
            "datePublished": "2022-04-28T10:18:12+01:00",
            "value": {
                "amount": 200000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-07677601",
                    "name": "FLYWIRE PAYMENTS LIMITED"
                }
            ],
            "contractPeriod": {
                "startDate": "2022-04-28T00:00:00+01:00",
                "endDate": "2026-03-27T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/131cff0d-5aeb-4c3b-b610-8a71de86ef00",
                    "datePublished": "2022-04-28T10:18:12+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}