Notice Information
Notice Title
2025-TR-0033 Overseas Payment Provider
Notice Description
The Student Loans Company (SLC)is a non-profit making government owned organisation that administers loans and grants to students in colleges and universities in the UK. We have 9.7 million customers, manage a loan book worth PS260.8bn and manage the full end to end "apply, assess, pay and repay "process. SLC is seeking a supplier to provide a repayment service for SLC customers, who live abroad ,that allows them to make low-cost repayments in the foreign currency of their choosing and for this to be quickly repaid to SLC in sterling. The service must capture all customer contact information and SLC customer reference number, these details to be captured for every transaction made and sent onto SLC to allow SLC to quickly identify the customer account to be credited. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Darlington:-International-payment-transfer-services./84264F5ZB5 To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/84264F5ZB5
Lot Information
Lot 1
Renewal: The period of the contract is five years with the option for two further 12 month extension periods, dependant on satisfactory service delivery and the continuing need for the services.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-05eb56
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/078224-2025
- Current Stage
- Tender
- All Stages
- Tender
Procurement Classification
- Notice Type
- UK4 - Tender Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Below threshold - open competition
- Tender Suitability
- Not specified
- 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
- £2,310,000 £1M-£10M
- Lots Value
- £2,310,000 £1M-£10M
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 28 Nov 20256 days ago
- Submission Deadline
- 9 Jan 20262 months to go
- Future Notice Date
- Not specified
- Award Date
- Not specified
- Contract Period
- 30 Jun 2026 - 30 Jun 2031 Over 5 years
- Recurrence
- Not specified
Notice Status
- Tender Status
- Active
- Lots Status
- Active
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- STUDENT LOANS COMPANY LTD
- Contact Name
- Not specified
- Contact Email
- diane_pirie@slc.co.uk
- Contact Phone
- Not specified
Buyer Location
- Locality
- DARLINGTON
- Postcode
- DL1 1RW
- Post Town
- Darlington
- Country
- England
-
- Major Region (ITL 1)
- TLC North East (England)
- Basic Region (ITL 2)
- TLC3 Tees Valley
- Small Region (ITL 3)
- TLC33 Darlington
- Delivery Location
- TLC13 Darlington, TLL Wales, TLM8 West Central Scotland
-
- Local Authority
- Darlington
- Electoral Ward
- Red Hall & Lingfield
- Westminster Constituency
- Darlington
Further Information
Notice Documents
-
https://www.find-tender.service.gov.uk/Notice/078224-2025
28th November 2025 - Tender notice on Find a Tender
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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