Award

Debt Resolution Services

THE STUDENT LOANS COMPANY LIMITED

This public procurement record has 1 release in its history.

Award

14 Sep 2023 at 18:06

Summary of the contracting process

The contracting authority for this procurement process is The Student Loans Company Limited. The title of the procurement is "Debt Resolution Services" within the services category, specifically focusing on collection agency services. The procurement method used was a limited procedure with an award made without prior publication of a call for competition. The contract was awarded to TDX Group Ltd, with a total value of £4,950,000. The location of delivery is the United Kingdom, and the procurement stage is marked as complete, with the award date being 28th August 2023.

This tender for Debt Resolution Services offers opportunities for businesses in the debt collection industry to provide their services. Companies experienced in managing debt collection agencies and offering quality service delivery at competitive costs would be well-suited to compete in this procurement process. The contract allows for an extension for an additional 12-month period, making it attractive for businesses aiming for a longer-term engagement in the debt collection sector.

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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

Lot Information

Lot 1

The management of a panel of DCAs 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

Options: Option to extend for 1 x 12 month period

Procurement Information

The procurement exercise took the form of a direct award utilising an existing framework, RM6226 Debt Resolution Services, put in place by Crown Commercial Services, this framework was awarded in compliance with the Public Contracts Regulations 2015

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03fcd6
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/027264-2023
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£4,950,000 £1M-£10M

Notice Dates

Publication Date
14 Sep 20232 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 Aug 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
THE STUDENT LOANS COMPANY LIMITED
Contact Name
Not specified
Contact Email
commercial_services@slc.co.uk
Contact Phone
+44 1413062000

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

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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