External Debt Recovery Services

UNIVERSITY OF SOUTHAMPTONcontractContracts FinderRef 2024UoS-1338SME suitablecomplete

Estimated value

£79k

Awarded value

£79k

Awarded 19 Jan 2025

Suppliers

1

Lots

1

1 awarded

Published

20 Jan 2025

Deadline 19 Nov 2024

Description

The University of Southampton is looking to obtain external debt recovery services. Typically, student debt is passed to the Credit Control (CC) team after a set of 4 emailed Dunning reminders have been sent to the student from the Fees team, and where the student has failed to respond. Other situations when student debt is passed to CC will be when a student has requested a bespoke payment plan or has left the UoS and would no longer receive the 4 automated emails from the Fees team. An active telephone, email and letter campaign is then used to target these non-payers to establish a reason for non-payment and ultimately collect the debt. There are times when none of the above actions are successful, and the UoS then requires the assistance of a third party to recover the debt. The Supplier is required to act on the University's behalf to collect overdue student debt which will be a minimum of 60 days old at the time of referral.

Scope

Reference
2024UoS-1338
Total value
£79,220 excluding VAT
Commercial tool
Standalone contract
Contract dates
25 Jan 2025 to 24 Jan 2029
CPV classifications
66122000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
19 Nov 2024, 12:00 pm

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£79k

Award date

19 Jan 2025

Contract start

25 Jan 2025

Contract end

24 Jan 2029