Awarded contract

NCA21335 Aspire Cash Service

Details

Supplier(s)
John Smith & Son
Value
£110,000
Topic
Financial systems software package
Published
6 May 2025

Tender description

The University of Edinburgh has awarded a contract to JS Group, for provision of their ASPIRE Cash service, allowing the University to dispense imbursements to students experiencing hardship, in the form of cash, vouchers and draw-down funds. This is a 12-month contract with an optional further 1 x 12-month extension. This is a pilot contract aimed at testing the value of utilising the Aspire service to facilitate hardship payments to students with minimum delay. It is intended that this will also free up internal resource and allow measurement of the true extent of our requirement. It should be noted that the contract value is an estimate, based on a flat % fee per transaction. Actual contract value may be significantly lower if the uptake of this payment service during the pilot period. A value of GBP110,000 has been used, but this applies only in the case of exercising a 12-month extension, and assumes maximum uptake. Real figure expected to be significantly lower, particularly in the initial 12 months period. Lot 1: A contract award is a 12 month subscription to the ASPIRE Cash service from JS Group. This allows the University to dispense imbursements to students experiencing hardship, in the form of cash, vouchers and draw-down funds. An optional further 1 x 12-month extension is included. This is a pilot, aimed meeting the immediate need while testing the uptake of a facility to process these unusual payments with minimum delay, freeing up internal resource and allowing measurement of uptake and development of a future ITT. It should be noted that the contract value is an estimate, based on a flat % fee per transaction. Actual contract value may be significantly lower if the uptake of this payment service during the pilot period.. NB. it is possible, and likely at this stage, that uptake will be far smaller than we have allowed for in the award value. Should the contract uptake prove to be higher than anticipated the University will accelerate plans to prepare an ITT and opent to competition as soon as possible.

Timeline

  1. Completed: Award published6 May 2025
    Current notice
  2. Completed: Award date6 May 2025

About the buyer

University of Edinburgh buys as a higher education institution, through its own Procurement function. Larger tenders are advertised on Public Contract Scotland, via the PCS-T e-tendering platform. Suppliers must register separately on both systems before bidding. Much of this procurement flows through framework agreements with APUC, Scotland Excel and the Crown Commercial Service. Prior information notices invite market engagement from suppliers ahead of larger tenders. The Strategic Procurement team leads regulated sourcing, while Operational Procurement manages day-to-day purchase orders. A Procurement Support team handles reporting, data analysis and training across the function.

Education procurement reached £47.4bn in 2024/25, the fourth-largest public sector budget.

Over the past 5 years, most of University of Edinburgh's contract awards have been in laboratory and precision equipment, medical equipment and pharmaceuticals and software and information systems.

Relevant CPV codes

  • 48442000 · Financial systems software package
  • 66172000 · Financial transaction processing and clearing-house services

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