Student Payment Service Provider
A Contract Award Notice
by UNIVERSITY OF BRISTOL
- Source
- Contracts Finder
- Type
- Contract (Services)
- Duration
- 3 year
- Value
- £4M
- Sector
- BUSINESS
- Published
- 04 Jun 2024
- Delivery
- 03 Jun 2024 to 03 Jun 2027
- Deadline
- 17 Jan 2024 14:00
Concepts
Location






1 buyer
- Bristol University Bristol
1 supplier
- Flywire Payments Tower Hamlets
Description
The University of Bristol is awarding a contract to deliver business objectives relevant to the procurement include providing a secure, compliant, and efficient (with respect to time and cost) payment service which meets the diverse needs of a wide range of payers and forms a positive part of the overall student experience. The priority of the University is to ensure the timely and accurate posting of income, and prompt resolution of payment queries. To deliver a positive payment experience to students we aim to provide: - a secure and efficient (with respect to time and cost) payment service, - prompt, courteous, and well-informed resolution of queries around payment, - a range of payment channels to suit different needs, and -maximum visibility for the student of their payment from initiation to allocation.
Award Detail
1 | Flywire Payments (None)
|
CPV Codes
- 66115000 - International payment transfer services
Other Information
Contract is five (5) years split into initial three (3) years, with two (2) plus one (1) year options to extend (3 + 1 + 1). Price in notice is a forecast of the initial 3 years. Each year forecasted costs of £1.5M, therefore a full 5 year contract estimated at £7.5M.
Reference
- tender_373951/1349278
- CF 82aa87e4-b91c-4050-8c54-ec5e742df7fe