Tender

657 - International Payments Solution

UNIVERSITY OF GLOUCESTERSHIRE

This public procurement record has 1 release in its history.

Tender

30 May 2022 at 08:49

Tender Notice
Summary of the contracting process

The University of Gloucestershire is currently seeking suppliers for its tender titled "657 - International Payments Solution" within the services sector, specifically for international payment transfer services (CPV code: 66115000). The procurement is at the Tender stage, with the tender period set to close on 17th June 2022. The contract, valued at £189,000, will start on 1st October 2022 and run for two years, with the possibility of extending for up to three additional one-year periods. The procurement method utilised is an open procedure, allowing a broad range of competitors to participate.

This tender presents an ideal opportunity for businesses that specialise in payment solutions or financial services, particularly those that are Small and Medium-sized Enterprises (SMEs) given the suitability provisions. Companies with innovative payment technologies or tailored international payment solutions would be particularly well-suited to respond to the tender. Engaging in this contract could help such businesses expand their market presence and establish a relationship with a reputable educational institution, potentially leading to further opportunities in the public sector.

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Notice Information

Notice Title

657 - International Payments Solution

Notice Description

A supplier is sought to provide a new or supplementary International Payments solution, that offers a range of payment options to meet the needs of the University of Gloucestershire's core international markets and provides a fast and convenient payment method for international students and efficient internal processing for staff. The solution will need to offer a fixed cost for an initial two years based on the supplier licencing model. The full cost model and how it scales will be provided with responses. The contract will be let initially for two years with the option to extend three times by a further 1 year at the discretion of the University of Gloucestershire.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b0861800-4ec1-47c7-a221-7fa2a60448fd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9f0d417a-2755-4d02-88c2-10bb161b4608
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
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
£189,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
30 May 20223 years ago
Submission Deadline
17 Jun 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Sep 2022 - 30 Sep 2024 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF GLOUCESTERSHIRE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CHELTENHAM
Postcode
GL50 2RH
Post Town
Gloucester
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK73 Gloucestershire CC
Delivery Location
TLK South West (England)
Local Authority
Cheltenham
Electoral Ward
Park
Westminster Constituency
Cheltenham

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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