Awarded contract

Overseas Debt Collection

Details

Supplier(s)
Past Due Credit Solutions
Value
£4,500,000
Topic
Collection agency services
Published
10 September 2024

Tender description

SLC would like to appoint a UK based DCA to contact customers who SLC believe are resident overseas. The key objectives of this service are: i)to collect ICR debt and/or ii)to complete customer documentation (OVFA) to confirm the customers’ current circumstances. Lot 1: SLC would like to appoint a UK based DCA to contact customers who SLC believe are resident overseas. The key objectives of this service are: i)to collect ICR debt and/or ii)to complete customer documentation (OVFA) to confirm the customers’ current circumstances. It is expected that the successful Provider will carry out some tracing activity to facilitate collections, at their own cost. The successful Provider will attempt to locate customers with whom SLC have lost contact. If the customer is located, the successful Provider will be expected to collect the full arrears outstanding from the customer. Customer collections should be the Provider’s primary business, with the ability to demonstrate experience. The Provider must be able to provide a web-based client access to allow cases to be audited remotely as well as the ability to communicate effectively with different nationalities (this does not specifically mean multi-lingual). Additional information: To respond to this opportunity please click here: https://www.delta-esourcing.com/respond/WCG76VS2N2

Timeline

  1. Completed: Award date28 August 2024
  2. Completed: Award published10 September 2024
    Current notice

About the buyer

Student Loans Company administers loans and grants to students across the UK as a non-departmental public body sponsored by the Department for Education. The Commercial Services team runs procurement across the organisation. Framework agreements are the first route, particularly through Crown Commercial Service and Scottish Government procurement. Delivery partners have joined through a technology transformation procured by competitive tender.

A forward pipeline lists upcoming opportunities ahead of the largest contracts.

Over the past 5 years, most of Student Loans Company's contract awards have been in software and information systems, IT services and business services.

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