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Platform Fees

University of the West of England

This public procurement record has 1 release in its history.

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12 Aug 2026 at 13:53

UK7 - Contract Details Notice
Summary of the contracting process

The University of the West of England procured financial transaction processing and clearing-house services through a payment platform. The requirement is described as “Platform Fees Payment Platform Fees Plus”, covering platform fees associated with the service. The buyer is the University of the West of England, based at Frenchay Campus in Bristol. Delivery is within the South West of England. This is a services procurement rather than a purchase of goods or construction works. The requirement is relevant to payment technology providers, financial transaction processors, payment clearing-house operators and suppliers supporting institutional payment collection. The selected supplier is Flywire Payments Limited, a London-based small or medium-sized enterprise specialising in payment services.

The procurement has been completed and awarded through a direct, below-threshold procedure without competition. Flywire Payments Limited was selected for the single lot. The contract was signed on 2 June 2026 and runs from 1 August 2026 to 31 July 2027. Its value is £45,000 excluding VAT and £54,000 including VAT. The resulting contract is active. The procurement used the 2023/54 legal basis. The published outcome identifies financial transaction processing and clearing-house services as the contracted category. As this was a direct award without competition, suppliers were not evaluated through a competitive tender for this contract. The arrangement covers payment platform fees through July 2027, inclusive.

This award demonstrates established demand from a higher education buyer for outsourced payment platform and financial transaction processing services. Suppliers best placed for a future requirement of this type would be payment technology businesses able to process and clear transactions reliably for a university, manage platform charging, and support the operational needs of an institutional customer. Relevant competitors may include specialist payment platforms, transaction processors, clearing-house service providers and smaller financial technology companies. Credibility would come from demonstrable experience delivering comparable payment services, dependable transaction handling, appropriate financial controls, and the capacity to support a university-scale account. Flywire’s selection also shows that an SME can provide a suitable solution for this buyer.

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Notice Information

Notice Title

Platform Fees

Notice Description

Payment Platform Fees Plus - until Jul 27 (incl.)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06e2a1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/076795-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£45,000 Under £100K

Notice Dates

Publication Date
12 Aug 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
2 Jun 20262 months ago
Contract Period
1 Aug 2026 - 31 Jul 2027 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
University of the West of England
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRISTOL
Postcode
BS16 1QY
Postcode Area
Bristol
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK52 Bath & North East Somerset and South Gloucestershire
Delivery Location
Not specified
Local Authority
South Gloucestershire
Electoral Ward
Stoke Park & Cheswick
Westminster Constituency
Filton and Bradley Stoke

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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