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The University of Bristol is awarding a contract to deliver business objectives relevant to the procurement include providing a secure, compliant, and efficient (with respect to time and cost) payment service which meets the diverse needs of a wide range of payers and forms a positive part of the overall student experience.
The priority of the University is to ensure the timely and accurate posting of income, and prompt resolution of payment queries. To deliver a positive payment experience to students we aim to provide:
-maximum visibility for the student of their payment from initiation to allocation.
Additional information:
Contract is five (5) years split into initial three (3) years, with two (2) plus one (1) year options to extend (3 + 1 + 1).
Price in notice is a forecast of the initial 3 years. Each year forecasted costs of £1.5M, therefore a full 5 year contract estimated at £7.5M.
| Supplier | Identifier | Award Value | Cross-References |
|---|---|---|---|
| Flywire Payments Limited | 07677601 | £4,500,000 | - |
Government spending data: This supplier has received £5,053 in 3 payments (over £25k) from FCDO GPC (2022-03-15 to 2022-04-25). View full payment history →