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Published 28 Nov 2025, 16:05 GMT

Official UK procurement notice

2025-TR-0033 Overseas Payment Provider

Official notice

Authority: Student Loans Company (Central government)

ServicesBelow threshold - open competitionBelow threshold
Published estimate£2,310,000≈ £462k / year · £2,772,000 inc. VAT
Submissions closed 9 Jan 2026
Contract term 5 yrsends 30 Jun 2031 · up to 30 Jun 2033 with extensions · starts 1 Jul 2026

What is being bought

Published requirement 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:

www.delta-esourcing.com/tenders/UK-UK-Darlin… ↗

To respond to this opportunity, please click here:

www.delta-esourcing.com/respond/84264F5ZB5 ↗

CPV: International payment transfer services

The lotProcurement structure

single lot · value published
Lot #1Renewal 5 yrsPublished value£2,310,000
Contract period: 1 Jul 2026 – 30 Jun 2031 (5 yrs) · up to 30 Jun 2033 with extensionsValue: £2,310,000 exc. VAT · £2,772,000 inc. VAT
Extensions: 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.

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
  • Compliance with Mandatory requirements = Pass/Fail Criteria
  • Cost to the customer
  • Ability to deliver the desirable technical requirements (file formats; transfer information, integration requirements & accessibility)
  • Service Delivery
  • Management information/ Customer Relationship Management
  • Cyber security
  • Implementation plan /integration
  • Demonstration

Procedure terms & legal framework

From the official record
Procedure method
Below threshold - open competition
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Closed
Procurement threshold
Below threshold
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
28 Nov 2025, 16:05 GMT
Last source update
28 Nov 2025, 16:05 GMT
FTS notice number
2025/S 000-078224
Latest notice
Tender notice (UK4)
Classification (CPV)
International payment transfer services
Delivery area
North East (UKC13)Wales (UKL)Scotland (UKM8)
Official registry OCID
ocds-h6vhtk-05eb56 Find a Tender

How it was run

Official notice
Run through: Delta eSourcing · Who buys & how to bid on Delta
Public notice page · account needed to bidElectronic submission allowed
Access & registration note: Free Select account; no DUNS asked at signup
Submission deadline
9 Jan 2026, 12:00 GMT
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Detailed submission instructions & authority contactsFrom official release

Timeline

28 Nov 2025 → 1 Jul 2026 · 3 dates
  1. Tender notice published333 days ago
    28 Nov 2025, 16:05 GMT
  2. Submission deadline291 days ago
    9 Jan 2026, 12:00 GMT
  3. Contract starts119 days ago
    1 Jul 2026, 00:00 BST

Notice history

1 event · 1 release on Find a Tender
  1. Tender notice published
    28 Nov 2025, 16:05 GMT
    UK4

Contracting authority & participating public bodies

Student Loans Company Ltd

Contracting authorityPublic authority - central government GB-PPON: PMXL-3278-BCWT The Memphis Building, Lingfield Point, McMullen Road, Darlington, North East, DL1 1RWContact email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender