The Student Loans Company Limited: Overseas Payment Provider

Scope

Scope: Overseas Payment Provider

Description:

The Student Loans Company (SLC)is a non-profit making government owned organisation that administers loans and grants to students in colleges and universities in the UK. We have 9.7 million customers, manage a loan book worth £260.8bn and manage the full end to end “apply, asses, pay and repay “process.

SLC is seeking a supplier to provide a repayment service for SLC customers, who live abroad ,that allows them to make low-cost repayments in the foreign currency of their choosing and for this to be quickly repaid to SLC in sterling. The service must capture all customer contact information and SLC customer reference number, these details to be captured for every transaction made and sent onto SLC to allow SLC to quickly identify the customer account to be credited. Integration to a SLC system will be necessary to allow for an efficient reconciliation process.
For more information about this opportunity, please visit the Delta eSourcing portal at:
https://www.delta-esourcing.com/tenders/UK-title/3A2M7NPBDC

To respond to this opportunity, please click here:
https://www.delta-esourcing.com/respond/3A2M7NPBDC

Total value (estimated):

GBP 0 including VAT

Contract dates (estimated)

30/06/2026 to 30/06/2031

CPV Classifications:

66115000 - International payment transfer services.

Not Provided    

Engagement

Engagement deadline
19/05/2025
The engagement was carried out before this notice was published. Engagement process description:
Prior to initiating the procurement, SLC wishes to establish the level of market interest to participating in the forth coming procurement process.

Suitably qualified and experienced suppliers who may have an interest in this project are invited to complete the questionnaire that is available to registered suppliers via the Delta e-tendering system, for this Preliminary Market Engagement. The high level requirements are detailed within the online questionnaire.

The purpose of the market engagement is to help assess the reaction of the market, to understand risks and future possibilities to ensure a future proofed procurement strategy and resulting contract. Please note that lengthy questionnaire responses are not necessary at this stage. However, SLC would welcome any pertinent information on your company's views on an approach to the provision of the required services.
Any submission received in response to this exercise will not constitute any contractual agreement between the respondent and SLC. Nor does the receipt of a response automatically include the respondent in the procurement process.

A Tender Notice will be issued to the market which will provide details of how the relating procurement documentation can be accessed and timescales for submission of the said tender response.
Interested parties shall bear their own costs of participation in this Market Engagement of whatever nature. SLC shall not be liable for the costs, expenses or losses howsoever arising (including, without limitation, any loss of profit or other economic loss incurred), regardless of the outcome of the Market Engagement.

The next stage in the process will be considered once this exercise has been completed. **PLEASE NOTE: ALL COMPLETED QUESTIONNAIRES MUST BE SUBMITTED, BEFORE 12:00 on the date specified within the Preliminary Market Engagement tenderbox, namely Monday 19th May 2025.

Contracting authority

       Student Loans Company Ltd, PMXL-3278-BCWT
       The Memphis Building, Lingfield Point, McMullen Road, Darlington, DL1 1RW, United Kingdom
       Email: Diane_Pirie@slc.co.uk
       Contact: Diane Pirie
       Address of the buyer profile: https://www.gov.uk/government/organisations/student-loans-company

Organisation type: BODY_PUBLIC
Devolved regulations that apply: None