Scope
Reference
26-07
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.
Total value (estimated)
- £150,000 excluding VAT
- £180,000 including VAT
Below the relevant threshold
Contract dates (estimated)
- 1 April 2026 to 31 March 2031
- 5 years
Main procurement category
Services
CPV classifications
- 66170000 - Financial consultancy, financial transaction processing and clearing-house services
Submission
Tender submission deadline
14 November 2025, 12:00pm
Submission address and any special instructions
Tenders may be submitted electronically
Yes
Award criteria
60% quality, 40% price
Procedure
Procedure type
Below threshold - open competition
Contracting authority
THE UNIVERSITY OF CUMBRIA
- Companies House: 06033238
Fusehill Street
Cumbria
CA1 2HH
United Kingdom
Email: procurementteam@cumbria.ac.uk
Website: http://www.cumbria.ac.uk
Region: UKD12 - East Cumbria
Organisation type: Public authority - central government