UK_331 - Trapped Cash Solution (Global Payment Service Provider (PSP)) - Rev 2

Official notice

Authority: British Council (Local council)

Services

Sectors: Financial and insurance services (66) Delivery: UK

Planned pipeline valueValue not publishedpipeline notice, not a live tender

Tender notice expected 10 Mar 2025from the planned procurement notice

What is being bought

Published requirement description

All our commercial exam operations in all our countries face a currency mismatch – local currency revenue and GBP costs (primarily Exam Board fees). This income is collected from customers in a range of payment journeys:- Where the customer is paying while in an online journey- The customer is paying cash in an office or teaching centre- The customer pays electronically but is not in an online journeyBritish Council is investigating options to engage a specialist payment providers handling the British Council Online Payments across our challenging markets, primarily South-East Asia and Africa. Their service will enable the customer to pay in their local currency for any product and the British Council to receive hard currency in the UK.

CPV: Corporate finance and venture capital services · Financial consultancy, financial transaction processing and clearing-house services · International payment transfer services

The lotProcurement structure

single lot · no lot value published

Lot #1The British Council is seeking to conduct a market engagement with suppliers who can…Planned

The British Council is seeking to conduct a market engagement with suppliers who can provide Online Payment Acceptance Services in challenging markets, primarily South-East Asia and Africa. Additional information: If you are interested in expressing an interest and/or bidding for this project, please go to in-tendhost.co.uk/britishcouncil ↗ . You may then have to register your company before you can express an interest for this project and get access the documents.Intend Reference: BC/03765Project Title: PIN: UK_331 - Trapped Cash Solution (Global Payment Service Provider (PSP))

Delivery: UK · British Council, 1 Redman Place, Stratford Cross, London, E20 1JQ

66115000 International payment transfer services 66122000 Corporate finance and venture capital services

Procedure terms & legal framework

From the official record · publisher note attached

Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Past planning notice
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Competitive procedure
GPA / WTO covered: Yes (GPA)
Recurring procurement: Unspecified in notice
First published: 4 Feb 2025, 14:05 GMT
Last source update: 4 Feb 2025, 14:05 GMT
FTS notice number: 2025/S 000-003654
Classification (CPV): Corporate finance and venture capital servicesFinancial consultancy, financial transaction processing and clearing-house servicesInternational payment transfer services
Delivery area: UK
Official registry OCID: ocds-h6vhtk-04db79 Find a Tender

Publisher note: If you are interested in expressing an interest and/or bidding for this project, please go to https://in-tendhost.co.uk/britishcouncil . You may then have to register your company before you can express an interest for this project and get access the documents.Intend Reference: BC/03765Project Title: PIN: UK_331 - Trapped Cash Solution (Global Payment Service Provider (PSP))PIN: UK_331 - Trapped Cash Solution (Global Payment Service Provider (PSP))British CouncilPublished date: 31 January 2025Open opportunity - This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.Contract summaryIndustryInternational payment transfer services - 66115000Corporate finance and venture capital services - 66122000Accounting services - 79211000Location of contractE20 1JQValue of contract£0Procurement referenceIT-117-3765-BC/03765

How it was run

Official notice

Run through: portal not identified

Tender documents are also served through a separate tool: https://in-tendhost.co.uk/britishcouncil ↗

Submission deadline: —

Timeline

4 Feb 2025 → 10 Mar 2025 · 2 dates

Notice published
4 Feb 2025, 14:05 GMT
Tender notice expected
10 Mar 2025

Commercial outcome & contract awards

Pipeline notice

Awards (0): No award published
Contracts (0): No contract published
Bid statistics: No aggregate bid statistics published

Contracting authority & participating public bodies

British Council

Contracting authorityLocal CouncilBody governed by public lawRegistered Charity 58 Whitworth Street, Manchester, UK, M1 6BBContact name, email, phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.