2025-TR-0033 Overseas Payment Provider
Estimated value
£2.3m
Awarded value
—
Suppliers
0
Lots
1
Published
28 Nov 2025
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 £260.8bn 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
Scope
- Reference
- ocds-h6vhtk-05eb56
- Total value
- £2,310,000 excluding VAT£2,772,000 including VATBelow the relevant threshold
- Commercial tool
- Standalone contract
- Contract dates
- 30 Jun 2026 to 30 Jun 2031Possible extension to 30 Jun 2033
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.
- Main category
- services
- CPV classifications
- 66115000
- Contract locations
- Scotland, United KingdomWales, United KingdomNorth East England, United Kingdom
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Compliance with Mandatory requirements = Pass/Fail Criteria | — | quality | 1.00% |
| Cost to the customer | — | price | 2.00% |
| Ability to deliver the desirable technical requirements (file formats; transfer information, integration requirements & accessibility) | — | quality | 3.00% |
| Service Delivery | — | quality | 4.00% |
| Management information/ Customer Relationship Management | — | quality | 5.00% |
| Cyber security | — | quality | 6.00% |
| Implementation plan /integration | — | quality | 7.00% |
| Demonstration | — | quality | 8.00% |
Submission & procedure
- Submission deadline
- 09 Jan 2026, 12:00 pm
- Submission address
- https://www.delta-esourcing.com/delta ↗
- Electronic submission
- Yes
- Procedure
- Below threshold - open competition