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Published 17 Oct 2025, 14:59 BST

Official UK procurement notice

Provision of an Online Payments Management System

Official notice

Authority: University of Cumbria (Education)

ServicesBelow threshold - open competitionBelow threshold
Sectors: Financial and insurance services (66) Delivery: Delivery location not published
Published estimate£150,000≈ £30k / year · £180,000 inc. VAT11.1% above published estimate
Submissions closed 14 Nov 2025awarded 8 Dec 2025
Awarded to Flywire Payments Ltd
Contract term 5 yrsends 31 Mar 2031 · starts 1 Apr 2026

What is being bought

Published requirement description

The University of Cumbria are seeking one payment system to be in place for 1st April 2026 to manage Student and Commercial Customer payments. The system needs to be able to take international payments in GBP and allow for instalment plans to be available to students and customers but managed by the University.

CPV: Financial consultancy, financial transaction processing and clearing-house services

The lotProcurement structure

single lot · value published
Lot #1Awarded 5 yrsPublished value£150,000
Contract period: 1 Apr 2026 – 31 Mar 2031 (5 yrs)Value: £150,000 exc. VAT · £180,000 inc. VAT
66170000 Financial consultancy, financial transaction processing and clearing-house 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

Lot awarding rule: 60% quality, 40% price

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
Awarded
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
17 Oct 2025, 14:59 BST
Last source update
10 Feb 2026, 10:44 GMT
Authority reference
26-07
FTS notice number
2025/S 000-066390
Latest notice
Contract details notice (UK7)
Classification (CPV)
Financial consultancy, financial transaction processing and clearing-house services
Delivery area
Not published
Official registry OCID
ocds-h6vhtk-05cf03 Find a Tender

How it was run

Official notice
Run through: In-tend · Who buys & how to bid on In-tend
Supplier login requiredElectronic submission allowed
Access & registration note: Free · one account per buying organisation's portal · reCAPTCHA on signup
Submission deadline
14 Nov 2025, 12:00 GMT
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Detailed submission instructions & authority contactsFrom official release

in-tendhost.co.uk/universityofcumbria ↗

Timeline

17 Oct 2025 → 1 Apr 2026 · 4 dates
  1. Tender notice published369 days ago
    17 Oct 2025, 14:59 BST
  2. Submission deadline341 days ago
    14 Nov 2025, 12:00 GMT
  3. Latest notice published253 days ago
    10 Feb 2026, 10:44 GMT
  4. Contract starts204 days ago
    1 Apr 2026, 00:00 BST

Notice history

5 events · 3 releases on Find a Tender · since 17 Oct 2025
  1. Tender notice published
    17 Oct 2025, 14:59 BST
    UK4
  2. Contract award notice published
    16 Dec 2025, 11:27 GMT
    UK6
  3. Status changed to complete
    16 Dec 2025, 11:27 GMT
  4. Contract signature expected
    6 Jan 2026, 23:59 GMT
    scheduled
  5. Contract details notice published
    10 Feb 2026, 10:44 GMT
    UK7

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £166,6661 award exc. VAT
Bids received 1
Contracts signed 1latest 21 Jan 2026
Awarded toValueDateStatus
Flywire Payments Ltd1 Apr 2026 – 31 Mar 2031£166,6668 Dec 2025Awarded

Contracts

  • Online Payment System · Flywire Payments Ltd

    Signed
    21 Jan 2026
    Value
    £166,666
    Period
    1 Apr 2026 – 31 Mar 2029 · up to 31 Mar 2031 with extensions
    Status
    active
    Extensions
    2 x 12 months

Bid statistics published by the authority

BidsSMEVCSEValid bid range
1final-stage tenders00—

Contracting authority & participating public bodies

THE UNIVERSITY OF CUMBRIA

Contracting authorityPublic authority - central government GB-COH: 06033238 Fusehill Street, Cumbria, North West, CA1 2HHContact email

Bidders & participating suppliers

1 commercial party on the notice
  • Flywire Payments LimitedAwarded supplierGB-COH: 07677601 45 Folgate Street, 4th Floor, London, London, E1 6GLContact email

Official documents & specifications (3)

Official links; attachments are not copied

Notices published for this procedure

  • Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender
  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender