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Agreement for a Payments Solution - SaaS

Liverpool John Moores University

This public procurement record has 2 releases in its history.

Award

19 Dec 2024 at 16:03

Award Notice
Tender

08 May 2024 at 15:24

Tender Notice
Summary of the contracting process

Liverpool John Moores University recently concluded a procurement process for a payments solution service under the title "Agreement for a Payments Solution - SaaS". This process, which falls under the International payment transfer services industry category (CPV code 66115000), was carried out through an open procedure and is now in the award stage. Located in Liverpool (region UKD), the award was made to Flywire Payments Ltd on 8th August 2024, with a contract value of £388,747. The proposal sought bids from suppliers to provide an online payments platform to enable both overseas and UK transactions for the university, with a tender submission deadline that was previously set for 7th June 2024.

This tender creates significant opportunities for businesses that specialise in financial technology and payment solutions, particularly those offering SaaS platforms capable of handling international and domestic transactions efficiently. SMEs like Flywire Payments Ltd, the winning bidder, exemplify the type of enterprise well-suited to compete for such contracts. Companies focusing on innovative payment gateways and transaction handling software can leverage such tender opportunities to expand their client base and showcase their technological solutions in the higher education sector.

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Notice Information

Notice Title

Agreement for a Payments Solution - SaaS

Notice Description

LJMU conducted a tender for a payments solution service - this is the award notice as the procurement has now concluded

Lot Information

Lot 1

As per the tender pack - this is an award notice - the tender is now closed. Additional information: Details in Tender pack - now awarded

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-045804
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/041047-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66115000 - International payment transfer services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£388,747 £100K-£500K

Notice Dates

Publication Date
19 Dec 20241 years ago
Submission Deadline
7 Jun 2024Expired
Future Notice Date
Not specified
Award Date
8 Aug 20242 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Liverpool John Moores 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
LIVERPOOL
Postcode
L3 2AJ
Postcode Area
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLD North West (England)
Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

Flywire Payments Ltd

Further Information

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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