We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
RSS FeedTechnology

UK Student Loans Co. to replace core systems in £100m deal

Is an 11-year contract really appropriate?

Article comments

The UK Student Loans Company is tendering for an 11-year contract to replace its core business systems, in a deal which could be worth up to £100 million.

The contract covers information systems, security, software development, programming and consultancy services to support the organisation's customer and loans account management system.

The implementation phase of the contract is expected to take 15 months from the contract award in September 2013 and the end of December 2014.

Consortium bids will be allowed in the process and some elements of the services may be sub-contracted by the winning bidder.

Suppliers interested in bidding for the contract have to apply by 22 February and those making a shortlist will be notified by 25 March, said the Student Loans Company.

The chief executive and chairman of the Student Loans Company were forced to resign in 2010 after a loans processing fiasco left hundreds of thousands of students without finance.

Soon after the Student Loans Company awarded a contract to Rocela for support services for its performance management system. Under the three-year contract Rocela was tasked to manage the SLC's Oracle and Hyperion software systems with a view to hosting the services.



UK Student Loans Co. to replace core systems in £100m deal

What does your perfect datacentre look like?

What does your perfect datacentre look like?

The financial impact of rising energy bills is a headache for companies toomore ..

BBC tenders for £5.4m digital services contract

Digital services roster may be 'opened up' to new entrants at regular intervalsmore ..

Guardian, Washington Post win Pulitzer prize for NSA spying coverage

Both publications won the highly coveted Public Service awardmore ..

Transport for London to transform IT department

Team to set out future plans for information management at London eventmore ..

What UK business needs to do now with big data

In the final of a three-part series, we look at the potential for companies to become victims in the battle for big datamore ..

Ethical questions around big data

In the second of a three-part series, Pat Brans looks at the ethics of collecting 'big data'more ..

Send to a friend

Email this article to a friend or colleague:

PLEASE NOTE: Your name is used only to let the recipient know who sent the story, and in case of transmission error. Both your name and the recipient's name and address will not be used for any other purpose.

In Depth
How M&A teams can create value by challenging the CEO

How M&A teams can create value by challenging the CEO

A typical “hold” period of nine to 18 months can generate increased sale value more ..

In Depth
What every company needs to do about big data?

What every company needs to do about big data?

In the first of a three part series, Pat Brans explores just how big 'big data' will get? more ..


* *