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PROCUREMENT OPPORTUNITY

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

University of Strathclyde · compiled

Tender information last checkedLast checked 29 Sept 2026, 19:55.

Opportunity overview

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

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

Convera UK Limited

Match pending…
Contract value
£425k
Awarded
Not supplied
Contract signed
8 Oct 2025
Award ID
076695-2025-UOS-28834-2025-1
Status
active
Location
London, UKI, EC2A 1AH, United Kingdom

Classification

  • CPV66110000 — Banking services
  • CPV66115000 — International payment transfer services

Lots

  • 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.£700k

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
UOS-28834-2024
Status
complete
Has Recurrence
Yes
Procurement Method
open
Main Procurement Category
services
Procurement Method Details
Open procedure

Covered By

GPA

Bid Opening

Date
11 Nov 2024, 12:00

Legal basis

Id
32014L0024
Scheme
CELEX

Recurrence

Description
contract is up for renewal three years after start date. However the contract has two options of up to 12 month extensions to the latest renewal may be 5 years from start date.

Expected award period

Starts
11 Nov 2024, 12:00

Tender Period

Ends
11 Nov 2024, 12:00

Contract terms

Has Electronic Payment
Yes
Has Electronic Ordering
Yes
Electronic Invoicing Policy
allowed

Classification

Id
66110000
Scheme
CPV
Description
Banking services

Submission terms

Languages

en

Bid Validity Period

Duration In Days
120

Submission Method

electronicSubmission

Selection criteria

Criteria

Criterion 1
Type
suitability
Description
The supplier must be accredited with Cyber Essentials (+) OR ISO27001 The supplier will be Financial Conduct Authority (FCA)regulated

Applies To

supplier
Criterion 2
Type
economic
Minimum
4B1.2 Bidders are required to have an average yearly turnover of a minimum of 140,000.00 GBP for the last 2 years. 4B.5.1 – 4B.5.3 It is a requirement of this contract that bidder holds employer’s liability insurance and public liability insurance in the sum of not less than 10,000,000 GBP in respect of any one incident and unlimited as to numbers of claims, and adequate insurances covering all the Contractor’s other liabilities in terms of the Contract. The Contractor shall maintain in force with reputable insurers professional liability insurance in the sum of not less than 2,000,000 GBP in respect of any one incident and unlimited as to numbers of claims.
Description
List and brief description of selection criteria: 4B1.2 4B.5.1 – 4B.5.3

Applies To

supplier
Criterion 3
Type
technical
Minimum
4C.1.2 Bidders will be required to provide examples that demonstrate that they have the relevant experience to deliver the services/supplies as described in par II.2.4 of the Contract Notice or the relevant section of the Site Notice. Please provide three (3) examples of experience of supply and delivery of the offered solution as detailed within the specification over the last three (3) years. This will be scored as detailed in the Invitation to Tender document.
Description
4C.1.2

Applies To

supplier

Lots and requirements

Entry 1
Id
1
Status
cancelled
Has Options
No
Has Renewal
Yes
Description
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.

Value

Amount
700,000
Currency
GBP

Renewal

Description
The contracting authority exercises the right to extend this contract by two periods of up to 12-months. The extension will be utilised at the sole discretion of the contracting authority.

Award criteria

Criteria

Criterion 1
Name
Quality
Type
quality
Description
40
Criterion 2
Type
price
Description
60

Contract period

Duration In Days
1,080

Submission terms

Variant Policy
notAllowed

Items and delivery

Item 1
Id
1
Related Lot
1

Delivery locations

Entry 1
Region
UKM82
Entry 2
Region
UKM82

Additional Classifications

Entry 1
Id
66115000
Scheme
CPV
Description
International payment transfer services

Buyer, suppliers and contacts

Organisation 1
Id
GB-FTS-74622
Name
University of Strathclyde

Roles

buyer
centralPurchasingBody

Address

Region
UKM82
Locality
Glasgow
Postal Code
G1 1QE
Country Name
United Kingdom
Street Address
McCance Building, 16 Richmond Street

Details

Classifications

Entry 1
Id
BODY_PUBLIC
Scheme
TED_CA_TYPE
Description
Body governed by public law
Entry 2
Id
09
Scheme
COFOG
Description
Education

Identifier

Legal Name
University of Strathclyde

Contact

Name
Laura Shaw
Organisation 2
Id
GB-FTS-220
Name
Glasgow Sheriff Court

Roles

reviewBody

Address

Locality
Glasgow
Country Name
United Kingdom

Identifier

Legal Name
Glasgow Sheriff Court
Organisation 3
Id
GB-FTS-167380
Name
Convera UK Limited

Roles

supplier

Address

Region
UKI
Locality
London
Postal Code
EC2A 1AH
Country Name
United Kingdom
Street Address
Alphabeta Building, 14-18 Finsbury Square,

Details

Scale
large

Identifier

Legal Name
Convera UK Limited

Contact

Telephone
+44 7736117362

Award information

Award 1
Id
076695-2025-UOS-28834-2025-1
Status
active

Suppliers

Supplier 1
Id
GB-FTS-167380
Name
Convera UK Limited

Related lots

1

Contracts and changes

Entry 1
Id
076695-2025-UOS-28834-2025-1
Status
active
Award ID
076695-2025-UOS-28834-2025-1
Date Signed
9 Oct 2025, 00:00

Value

Amount
425,000
Currency
GBP

Recorded locations

  • Buyer location · Glasgow · UKM82 · G1 1QE · United Kingdom
  • Delivery location · UKM82

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. ocds-h6vhtk-04a7b0-2025-11-25T09:06:37Zcompiled ·