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Official procurement procedure

PROVISION OF A GLOBAL OUTBOUND PAYMENT SOLUTION INCLUSIVE OF THE DESIGN, TESTING, HOSTING AND MANAGEMENT OF SERVICES

Banking services
International payment transfer services
Scotland (UKM82)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: University of Strathclyde: "PROVISION OF A GLOBAL OUTBOUND PAYMENT SOLUTION INCLUSIVE OF THE DESIGN, TESTING, HOSTING AND MANAGEMENT OF SERVICES". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityUniversity of StrathclydeScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: University of Strathclyde
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for University of Strathclyde. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
1.8Bids / Report
60% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 5 active published awards; 5 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityUniversity of Strathclyde
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published25 Nov 2025, 09:06 GMT
Last source update25 Nov 2025, 09:06 GMT
Recurring procurementNot published
ClassificationBanking services, International payment transfer services
Delivery area
Scotland (UKM82)
OCIDocds-h6vhtk-04a7b0
What is being bought
University of Strathclyde required an automated payment mechanism capable of integrating with Unit4 Business World On to make global outbound payments to multiple countries in multiple currencies
What changed
From the official release history
  1. tender value changed
    25 Nov 2025, 09:06 GMT
  2. Status changed to complete
    25 Nov 2025, 09:06 GMT
  3. Official notice release published
    25 Nov 2025, 09:06 GMT
  4. Submission deadline changed to published date
    25 Nov 2025, 09:06 GMT
  5. Published value updated to £700,000
    10 Oct 2024, 15:27 BST
  6. Status changed to active
    10 Oct 2024, 15:27 BST
  7. Official notice release published
    10 Oct 2024, 15:27 BST
  8. Submission deadline changed to 11 Nov 2024, 12:00 GMT
    10 Oct 2024, 15:27 BST
  9. Buyer information updated
    10 Oct 2024, 15:27 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    University of Strathclyde was seeking a supplier to provide a Global Outbound Payment Solution. The supplier is required to provide a comprehensive global outbound payment solution capable of integrating with Unit4 Business World On to University of Strathclyde to facilitate the transfer and accounting for all payments to our global suppliers including sundry suppliers. Currently approximately 2800 GBP and currency transactions equating to approximately 10 million are incurred annually across around 45 different currencies. The solution offered has the ability to integrate and take data feed from Unit4 Business World On.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    25 Nov 2025, 09:06 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 9 Oct 2025, 00:00 BST · £425,000
Commercial outcome and competition
Awards
Convera UK Limited
Not published · Not published · active
Contracts
Contract
£425,000 · signed 9 Oct 2025, 00:00 BST · active
Bid statistics
bids: 4 (lot 1)
electronicBids: 4 (lot 1)
foreignBidsFromEU: 0 (lot 1)
foreignBidsFromNonEU: 4 (lot 1)
smeBids: 0 (lot 1)
Buyer and organisations in this procedure

University of Strathclyde

Contracting authority GB-FTS-74622
View buyer profile

  • University of Strathclyde
    buyer
    centralPurchasingBody

    McCance Building, 16 Richmond Street, Glasgow, UKM82, G1 1QE
    laura.shaw@strath.ac.uk

  • Convera UK Limited
    supplier

    Alphabeta Building, 14-18 Finsbury Square,, London, UKI, EC2A 1AH
    +44 7736117362

  • Glasgow Sheriff Court
    reviewBody

    Glasgow
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published