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UKRI-5495 TechFirst: Payment Function

Open
Deadline
7 days left
June 01, 2026
Contract Details
Category
Open Procedure
Reference
044732-2026
Value
£3,038,304
Location
Gloucestershire, Wiltshire and Bristol/Bath area, United Kingdom
Published
May 18, 2026
CPV Code
Project Timeline

Tender Published

May 15, 2026

Deadline for Questions

May 25, 2026

Submission Deadline

June 01, 2026

Contract Start Date

July 12, 2026

Budget
£3,038,304
Duration
48 months
Location
Gloucestershire, Wiltshire and Bristol/Bath area
Type
Open Procedure

Original Tender Description

UK Research and Innovation (UKRI) is procuring a managed payment services solution to administer and disburse scholarship-related payments at scale on behalf of the Department for Science, Innovation and Technology (DSIT). The service will provide an end-to-end payment processing function, covering the onboarding of students and universities, verification of identity and bank details, secure payment execution, reconciliation of funds, fraud prevention, and performance reporting. The scope includes payment administration for the TechGrad, Spärck AI, and Semiconductors Undergraduate Scholarship Programmes, and CyberFirst students during the transition period.

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Basic Requirements

  • Company registration in EU required
  • Proven track record in similar projects
  • Financial stability documentation

Documents

3 documents available with AI summaries

OCDS RecordDOC
044732-2026_ocds_record.json

No summary available for this document.

OCDS Release PackageDOC
044732-2026_ocds_release.json

No summary available for this document.

Official PDF VersionPDF
044732-2026_official.pdf

No summary available for this document.

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