Tender Details

RT Ref.	2690420
Summary	UKRI-5495 TechFirst: Payment Function - procuring a managed payment services solution to administer and disburse scholarship-related payments
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Location	Europe
Detailed Description	UKRI-5495 TechFirst: Payment Function - procuring a managed payment services solution to administer and disburse scholarship-related payments 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 of the procurement includes payment administration for the TechGrad (undergraduate) Scholarship Programme, the Spärck AI (master’s) Scholarship Programme, and the Semiconductors Undergraduate Scholarship Programme. In addition, the supplier will continue to administer payments for CyberFirst students during the transition period....View Full Tender Details in Tender Documents
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