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FINANCE PAYMENT SOLUTION (Phase 2)

Kingston University Higher Education Corporation

This public procurement record has 2 releases in its history.

TenderCancellation

17 Jul 2025 at 14:37

UK12 - Procurement Termination Notice
Award

14 Jul 2025 at 13:01

UK5 - Transparency Notice
Summary of the contracting process

The procurement process spearheaded by Kingston University Higher Education Corporation has been concluded, centring on the title "FINANCE PAYMENT SOLUTION (Phase 2)." This initiative falls under the services category and took place in Kingston upon Thames, United Kingdom. The procurement stage is complete, with a direct award made to Flywire Payments Limited. The contract, valued at £245,100 excluding VAT, is set to commence on 1st August 2025 and run until 30th April 2030. This tender aimed to provide a comprehensive payment solution to streamline university financial operations, including integration with the existing Unit4 ERP finance system.

This tender presents opportunities for businesses in the finance and technology sectors, particularly those offering integrated payment solutions that enhance operational efficiency. Large-scale enterprises specialising in financial technology services, capable of providing robust domestic and international payment processing capabilities, would find such opportunities particularly beneficial to pursue for business growth. Despite the single supplier selection for this project, the tender underscores significant market demand for innovative solutions in higher education financial systems.

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Notice Information

Notice Title

FINANCE PAYMENT SOLUTION (Phase 2)

Notice Description

Kingston University requires a comprehensive and integrated payments solution to streamline its financial operations and enhance the student experience.

Procurement Information

This is a comprehensive and integrated payments solution which is being used to streamline the University's financial operations and enhance the student experience. The platform seamlessly integrates with the existing Unit4 ERP finance system, offering a wide array of payment options and robust functionality. The platform also provides consolidated domestic and international payment processing.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-055e8c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/040995-2025
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK5 - Transparency Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

30 - Office and computing machinery, equipment and supplies except furniture and software packages

66 - Financial and insurance services

CPV Codes

30211300 - Computer platforms

66115000 - International payment transfer services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£245,100 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Jul 20251 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
14 Jul 20251 years ago
Contract Period
1 Aug 2025 - 1 May 2030 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Cancelled
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Kingston University Higher Education Corporation
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
KINGSTON UPON THAMES
Postcode
KT1 2EE
Postcode Area
Kingston upon Thames
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI63 Merton, Kingston upon Thames and Sutton
Delivery Location
Not specified
Local Authority
Kingston upon Thames
Electoral Ward
Kingston Town
Westminster Constituency
Kingston and Surbiton

Supplier Information

Number of Suppliers
1
Supplier Name

Flywire Payments Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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