---
title: "657 - International Payments Solution"
ocid: "ocds-b5fd17-b0861800-4ec1-47c7-a221-7fa2a60448fd"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b0861800-4ec1-47c7-a221-7fa2a60448fd"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b0861800-4ec1-47c7-a221-7fa2a60448fd.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b0861800-4ec1-47c7-a221-7fa2a60448fd.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "UNIVERSITY OF GLOUCESTERSHIRE"
published: "2022-05-30"
---

# 657 - International Payments Solution

Buyer: UNIVERSITY OF GLOUCESTERSHIRE  
Current stage: Tender  
OCID: ocds-b5fd17-b0861800-4ec1-47c7-a221-7fa2a60448fd

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-b0861800-4ec1-47c7-a221-7fa2a60448fd)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-b0861800-4ec1-47c7-a221-7fa2a60448fd.json)

## Summary

The University of Gloucestershire is currently seeking suppliers for its tender titled "657 - International Payments Solution" within the services sector, specifically for international payment transfer services (CPV code: 66115000). The procurement is at the Tender stage, with the tender period set to close on 17th June 2022. The contract, valued at £189,000, will start on 1st October 2022 and run for two years, with the possibility of extending for up to three additional one-year periods. The procurement method utilised is an open procedure, allowing a broad range of competitors to participate.

This tender presents an ideal opportunity for businesses that specialise in payment solutions or financial services, particularly those that are Small and Medium-sized Enterprises (SMEs) given the suitability provisions. Companies with innovative payment technologies or tailored international payment solutions would be particularly well-suited to respond to the tender. Engaging in this contract could help such businesses expand their market presence and establish a relationship with a reputable educational institution, potentially leading to further opportunities in the public sector.

## Notice

A supplier is sought to provide a new or supplementary International Payments solution, that offers a range of payment options to meet the needs of the University of Gloucestershire's core international markets and provides a fast and convenient payment method for international students and efficient internal processing for staff. The solution will need to offer a fixed cost for an initial two years based on the supplier licencing model. The full cost model and how it scales will be provided with responses. The contract will be let initially for two years with the option to extend three times by a further 1 year at the discretion of the University of Gloucestershire.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/9f0d417a-2755-4d02-88c2-10bb161b4608 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 30 May 2022 |
| Submission deadline | 17 Jun 2022 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 30 Sep 2022 - 30 Sep 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £189,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UNIVERSITY OF GLOUCESTERSHIRE |
| Locality | CHELTENHAM |
| Post town | Gloucester |
| Postcode | GL50 2RH |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK7 Gloucestershire and Wiltshire |
| ITL 3 | TLK73 Gloucestershire CC |
| Local authority | Cheltenham |
| Electoral ward | Park |
| Westminster constituency | Cheltenham |
| Delivery location | TLK South West (England) |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66115000 - International payment transfer services

## Release History

- 30 May 2022 at 08:49 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/9f0d417a-2755-4d02-88c2-10bb161b4608

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/9f0d417a-2755-4d02-88c2-10bb161b4608
  30th May 2022 - Opportunity notice on Contracts Finder
- https://in-tendhost.co.uk/glos/aspx/ProjectManage/76
  Further information and downloadable tender pack.

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-b0861800-4ec1-47c7-a221-7fa2a60448fd. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b0861800-4ec1-47c7-a221-7fa2a60448fd.json.