Ukri-5495 Techfirst: Payment Function Tender
Notice for Ukri-5495 Techfirst: Payment Function in Uk. The reference ID of the tender is 141319862 and it is closing on 01 Jun 2026.
Tender Details
- Country: United Kingdom
- Summary: Ukri-5495 Techfirst: Payment Function
- GBT Ref No: 141319862
- Deadline: 01 Jun 2026
- Financier: Self Financed
- Purchaser Ownership: Government
- Tender Value: Refer Document
- Notice Type: Tender
- Document Ref. No.: UKRI-5495
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- 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 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 to the TechFirst programme. The supplier will be responsible for administering all authorised payments to eligible students and higher education institutions in accordance with UKRI/DSIT instructions and applicable grant conditions. This includes, but is not limited to, scheduled and ad hoc payments such as scholarships, stipends, tuition fee payments, summer placement payments, reimbursements, and discretionary payments (for example, travel or hardship payments), delivered within timeframes specified by UKRI/DSIT. The supplier must establish and operate a straightforward, scalable onboarding process for all participating students and institutions, including secure m...
- Documents:
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CLICK HERE TO LOGINUkri-5495 Techfirst: Payment Function - Uk Tender
The UK RESEARCH & INNOVATION (UKRI), a Government sector organization in United Kingdom, has announced a new tender for Ukri-5495 Techfirst: Payment Function. This tender is published on UkTender under GBT Ref No: 141319862 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2026-06-01.
The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.
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