Award

Provision of an Online Payments Management System

THE UNIVERSITY OF CUMBRIA

This public procurement record has 3 releases in its history.

Award

10 Feb 2026 at 10:44

Award

16 Dec 2025 at 11:27

Tender

17 Oct 2025 at 13:59

Summary of the contracting process

The University of Cumbria has finalised a contract for the provision of an Online Payments Management System, targeted at managing payments from students and commercial customers. This procurement was categorised under services, with a focus on financial transaction processing. The buying organisation operates out of Cumbria, UK, and the system will handle international payments in GBP, facilitating instalment plans. The tender, identified as number 26-07, was managed through an open procurement method, completed by 10 February 2026, with the contract set to commence on 1 April 2026. Key dates include the award on 8 December 2025, and the contract is valid until 31 March 2029, with potential renewal up to 2031.

This contract presents opportunities for businesses in the financial services sector, particularly those specialising in payment solutions and financial consultancy, to engage with the higher education market. Companies that can facilitate complex payment structures and ensure compliance with UK financial regulations would find this contract beneficial. Even though Flywire Payments Limited, a large-scale enterprise, secured this contract, other businesses with innovative financial transaction solutions might find similar future tenders to be excellent opportunities for growth, especially those capable of managing international transactions efficiently.

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Notice Title

Provision of an Online Payments Management System

Notice Description

The University of Cumbria are seeking one payment system to be in place for 1st April 2026 to manage Student and Commercial Customer payments. The system needs to be able to take international payments in GBP and allow for instalment plans to be available to students and customers but managed by the University.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05cf03
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/011705-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
Not specified
Awardee Scale
Large

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
£150,000 £100K-£500K
Lots Value
£150,000 £100K-£500K
Awards Value
£166,666 £100K-£500K
Contracts Value
£166,666 £100K-£500K

Notice Dates

Publication Date
10 Feb 20261 weeks ago
Submission Deadline
14 Nov 2025Expired
Future Notice Date
Not specified
Award Date
8 Dec 20252 months ago
Contract Period
31 Mar 2026 - 31 Mar 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE UNIVERSITY OF CUMBRIA
Contact Name
Not specified
Contact Email
procurementteam@cumbria.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
CUMBRIA
Postcode
CA1 2HH
Post Town
Carlisle
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
Not specified

Local Authority
Cumberland
Electoral Ward
Castle
Westminster Constituency
Carlisle

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

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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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