Ukri-5495 Techfirst: Payment Function Tender - 138725881

Procurement Summary

Country: United Kingdom

Summary: Ukri-5495 Techfirst: Payment Function

Deadline: 18 May 2026

Posting Date: 31 Mar 2026

Other Information

Notice Type: Tender

TOT Ref.No.: 138725881

Document Ref. No.: UKRI-5495

Competition: ICB

Financier: Self Financed

Purchaser Ownership: Public

Tender Value: Refer Document

CPV Classification

66170000 - Financial consultancy, financial transaction processing and clearing-house services
48612000 - Database-management system
75121000 - Administrative educational services
66171000 - Financial consultancy services

Purchaser's Detail

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Tender Details

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

 Tender Notice