Planning

UKEF Loan Servicing Requirements

UK EXPORT FINANCE

This public procurement record has 1 release in its history.

Planning

14 Sep 2023 at 09:25

Market Engagement Notice
Summary of the contracting process

The UK Export Finance (UKEF) is currently in the planning stage of a procurement process for the "UKEF Loan Servicing Requirements" in the financial systems software development services industry. The engagement end date is set for September 21, 2023. UKEF aims to review its system requirements for loan servicing and is conducting two market engagement events on September 21 over Microsoft Teams. Companies interested should contact Commercial@ukexportfinance.gov.uk. The buying organisation, UK Export Finance, is based in London, England.

This tender by UKEF for loan servicing requirements presents an opportunity for businesses in the financial systems software development services sector, especially those with expertise in loan servicing technology. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are encouraged to participate in this procurement process. Companies should focus on showcasing their servicing capabilities to align with UKEF's requirements and participate in the market engagement events to gain insights and potentially secure business opportunities.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

UKEF Loan Servicing Requirements

Notice Description

ACTION REQUIRED, PLEASE READ. UKEF is conducting a review of its system requirements for its loan servicing process. For UKEF, loan servicing encompasses the point that a deal is signed and reportable until the stage where UKEF is no longer exposed to any risk of claim or loss. Our focus is on servicing only and, whilst we recognise some systems will offer loan origination and/or credit approval as part of the overall package, we will only assess these systems for their servicing capability. We intend to run two market engagement events on Thursday 21st of September 2023 over Microsoft Teams. These events will contain identical information and are intended to offer a choice of times. The slots available are at 09:30-11:00 and 13:30-15:00. To register your interest in a slot, please contact Commercial@ukexportfinance.gov.uk stating your company name, the name of the attendee(s) from your organisation along with their e-mail addresses. A document outlining UKEF's high level functional requirements is attached to this notice.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-28fcb2c6-4d74-4739-b991-81e92b2a46c9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bf8ef676-8b81-4940-a2c0-d0b123f11d40
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72212442 - Financial systems software development services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 Sep 20232 years ago
Submission Deadline
Not specified
Future Notice Date
21 Sep 2023Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UK EXPORT FINANCE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 2HQ
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-28fcb2c6-4d74-4739-b991-81e92b2a46c9-2023-09-14T10:25:03+01:00",
    "date": "2023-09-14T10:25:03+01:00",
    "ocid": "ocds-b5fd17-28fcb2c6-4d74-4739-b991-81e92b2a46c9",
    "language": "en",
    "initiationType": "tender",
    "title": "UKEF Loan Servicing Requirements",
    "planning": {
        "milestones": [
            {
                "id": "1",
                "title": "Engagement end date",
                "type": "engagement",
                "dueDate": "2023-09-21T23:59:59+01:00"
            }
        ],
        "documents": [
            {
                "id": "1",
                "documentType": "marketEngagementNotice",
                "description": "Early engagement notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/bf8ef676-8b81-4940-a2c0-d0b123f11d40",
                "datePublished": "2023-09-14T10:25:03+01:00",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "2",
                "documentType": "technicalSpecifications",
                "description": "Please see the attached high level functional requirements. To find out more, please contact commercial@ukexportfinance.gov.uk for a Microsoft Teams presentation on 21/09/2023.",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/bce827c0-c58e-460b-837c-145e0f4d7fc2",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            }
        ]
    },
    "tender": {
        "id": "UKEF LSR",
        "title": "UKEF Loan Servicing Requirements",
        "description": "ACTION REQUIRED, PLEASE READ. UKEF is conducting a review of its system requirements for its loan servicing process. For UKEF, loan servicing encompasses the point that a deal is signed and reportable until the stage where UKEF is no longer exposed to any risk of claim or loss. Our focus is on servicing only and, whilst we recognise some systems will offer loan origination and/or credit approval as part of the overall package, we will only assess these systems for their servicing capability. We intend to run two market engagement events on Thursday 21st of September 2023 over Microsoft Teams. These events will contain identical information and are intended to offer a choice of times. The slots available are at 09:30-11:00 and 13:30-15:00. To register your interest in a slot, please contact Commercial@ukexportfinance.gov.uk stating your company name, the name of the attendee(s) from your organisation along with their e-mail addresses. A document outlining UKEF's high level functional requirements is attached to this notice.",
        "status": "planning",
        "classification": {
            "scheme": "CPV",
            "id": "72212442",
            "description": "Financial systems software development services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "suitability": {
            "sme": true,
            "vcse": true
        }
    },
    "parties": [
        {
            "id": "GB-GOR-D241",
            "name": "UK EXPORT FINANCE",
            "identifier": {
                "legalName": "UK EXPORT FINANCE",
                "scheme": "GB-GOR",
                "id": "D241"
            },
            "address": {
                "streetAddress": "1 Horse Guards Road",
                "locality": "LONDON",
                "postalCode": "SW1A2HQ",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Commercial",
                "email": "Commercial@ukexportfinance.gov.uk"
            },
            "details": {
                "url": "http://www.ukexportfinance.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-GOR-D241",
        "name": "UK EXPORT FINANCE"
    }
}