2025-TR-0033 Overseas Payment Provider

Student Loans Company LtdcontractFind a TenderRef ocds-h6vhtk-05eb56Procurement Act 2023closed for bids
View buyer

Estimated value

£2.3m

services

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

28 Nov 2025

Deadline 09 Jan 2026

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 VAT
Below the relevant threshold
Commercial tool
Standalone contract
Contract dates
30 Jun 2026 to 30 Jun 2031
Possible 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 Kingdom
Wales, United Kingdom
North East England, United Kingdom

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Compliance with Mandatory requirements = Pass/Fail Criteriaquality1.00%
Cost to the customerprice2.00%
Ability to deliver the desirable technical requirements (file formats; transfer information, integration requirements & accessibility)quality3.00%
Service Deliveryquality4.00%
Management information/ Customer Relationship Managementquality5.00%
Cyber securityquality6.00%
Implementation plan /integrationquality7.00%
Demonstrationquality8.00%

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