Kent International College

A Contract Award Notice
by UNIVERSITY OF KENT

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£1
Sector
PROFESSIONAL
Published
22 Mar 2023
Delivery
not specified
Deadline
n/a

Concepts

Location

Kent

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

The University intends to enter into a joint venture with Oxford International Education and Travel Limited (OIEG) to establish an embedded international college. The parties will jointly own/operate the college to deliver courses to international students, who will then have the opportunity to apply for courses at the University/alternative higher education institutions. OIEG will recruit students, administer admissions and provide teaching services. The University shall maintain overall control of the admission decisions/entry requirements and will apply to the UK visas and immigration department to add the college to its student sponsor's licence. OIEG shall incorporate a new company, Kent International College Limited (UIC) through which the college will be operated (with shareholdings as follows: OIEG 99%; and University 1%) and the management and control delegated to the University and OIEG. The JV will operate for a period of 10 years in addition to agreed extensions.

Total Quantity or Scope

The key provisions of the agreement include (effective on the satisfaction of certain conditions precedent): - OIEG shall fund UIC set-up costs and retains responsibility for its financing until it is financed from its own cash flow, including covering the costs of recruiting and employing staff for UIC - the University shall provide premises via a lease on its campus for UIC to conduct its operations - UIC is required to pay an educational services fee for access to the University's facilities, which shall be an agreed % of UIC's published tuition fees (which shall be subject to a minimum payment in respect of years 2 and 3 of the contract). The University shall also pay a university administration fee to OIEG in respect of international students who subsequently enrol on a University course (based on a % of first year's tuition fees) - all students enrolled to study on any programme will be entitled to access the core services available to students studying at the University

Award Detail

1 Oxford International Education & Travel (Hampshire)
  • Reference: 008313-2023-1
  • Value: £1

CPV Codes

  • 80300000 - Higher education services
  • 80490000 - Operation of an educational centre
  • 80500000 - Training services

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** OIEG shall be subject to performance monitoring/KPIs including (among other things) target enrolment numbers and student satisfaction. A failure to adhere to such KPIs shall trigger an escalation procedure and ultimately, the potential termination of the JV.

Reference

Domains