---
title: "NU/1745-6 The Provision of an Invoice-Receipting Hub Service"
ocid: "ocds-b5fd17-b615b1b7-f226-446f-862c-0741b75ce1fb"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b615b1b7-f226-446f-862c-0741b75ce1fb"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b615b1b7-f226-446f-862c-0741b75ce1fb.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b615b1b7-f226-446f-862c-0741b75ce1fb.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NEWCASTLE UNIVERSITY"
published: "2022-11-11"
---

# NU/1745-6 The Provision of an Invoice-Receipting Hub Service

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Award  
OCID: ocds-b5fd17-b615b1b7-f226-446f-862c-0741b75ce1fb

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## Summary

Newcastle University has awarded a contract for the provision of an Invoice-Receipting Hub Service to Parseq Ltd. The contract has a value of £176,020 and will be in effect from March 1, 2023, to February 28, 2025. The tender period ended on September 30, 2022, and the contract covers business services related to financial consultancy, vocational training, mergers and acquisition services, feasibility study, and business analysis consultancy services.

This procurement process by Newcastle University presents opportunities for businesses in the financial consultancy, training, and business analysis sectors to collaborate and compete for similar service contracts. Companies specializing in financial and business advisory services, as well as those offering consultancy and actuarial services, would find this tender suitable for business growth. The awarded contract aims to enhance the University's invoice-handling processes through the selected supplier, Parseq Ltd, based in South Yorkshire.

## Notice

The University wishes to appoint a Contractor to provide an Invoice-Receipting Hub Service to handle the receipt of supplier invoices and provide the University with a daily electronic feed.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/ec5e8171-5159-441c-874d-45c961ad76cb |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Nov 2022 |
| Submission deadline | 30 Sep 2022 |
| Future notice date | Not specified |
| Award date | 1 Nov 2022 |
| Contract period | 1 Mar 2023 - 28 Feb 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £180,000 |
| Lots value | Not specified |
| Awards value | £176,020 |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NEWCASTLE UNIVERSITY |
| Locality | NEWCASTLE UPON TYNE |
| Post town | Newcastle upon Tyne |
| Postcode | NE1 7RU |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | Newcastle upon Tyne |
| Electoral ward | Monument |
| Westminster constituency | Newcastle upon Tyne Central and West |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PARSEQ |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 71 - Architectural, construction, engineering and inspection services
- 72 - IT services: consulting, software development, Internet and support
- 79 - Business services: law, marketing, consulting, recruitment, printing and security
- 80 - Education and training services

### Codes

- 66121000 - Mergers and acquisition services
- 66170000 - Financial consultancy, financial transaction processing and clearing-house services
- 66519600 - Actuarial services
- 71241000 - Feasibility study, advisory service, analysis
- 72221000 - Business analysis consultancy services
- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security
- 80530000 - Vocational training services

## Release History

- 11 Nov 2022 at 13:53 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/ec5e8171-5159-441c-874d-45c961ad76cb

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/ec5e8171-5159-441c-874d-45c961ad76cb
  11th November 2022 - Awarded contract notice on Contracts Finder

## Notice URLs

- https://www.ncl.ac.uk

## 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-b615b1b7-f226-446f-862c-0741b75ce1fb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b615b1b7-f226-446f-862c-0741b75ce1fb.json.