Tender

CS20397 - UKRI Loan Administration Services

UK SHARED BUSINESS SERVICES LIMITED

This public procurement record has 1 release in its history.

Tender

10 Dec 2021 at 14:02

Tender Notice
Summary of the contracting process

The procurement process pertains to UKRI Loan Administration Services, initiated by UK Shared Business Services Limited based in Swindon, England. The tender, identified as CS20397, falls under the industry category of financial markets administration services and aims to procure loan administration services for Innovate UK's innovation loans programme. The deadline for bid submissions is set for 18th January 2022 at 11:00 am, with contracts expected to commence on 11th March 2022 and run until 10th March 2028. This opportunity is open to all interested parties and is executed through an open procurement method.

This tender presents significant opportunities for businesses involved in financial consultancy, loan brokerage, and transaction processing services. Companies experienced in loan administration and those that can provide responsive and reliable backend services will find this tender particularly suitable. With the potential to manage up to 500 new loans per year, the opportunity is ideal for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) aiming to expand their operations within the public sector framework.

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Notice Information

Notice Title

CS20397 - UKRI Loan Administration Services

Notice Description

The final date and time for the submission of bids is Tuesday 18th January 2022 11:00am DO NOT apply directly to the buyer. All tender information MUST be submitted through the Delta eSourcing Portal. Brief Description of Requirement In 2018 Innovate UK launched Innovation Loans to fund later stage R&D projects with a clear route to commercial success. To date, Innovate UK Loans have committed PS156m (total committed facility) to 183 businesses, supporting 200 new innovation projects. UKRI - Innovate UK Loans Limited is seeking to procure a loan administrator to provide white label services to support the backend delivery of its Innovation Loans programme. The programme is expected to deliver up to 500 new loans/per year, supporting up to 500 new Innovative UK businesses. The aim of procurement is to: - Procure the delivery of reliable and responsive loan administration; - Ensure sufficient resource is dedicated to the administration of Innovation Loans; - The capacity to correctly process up to 500 loans a year Please ensure you review all attached information to ensure a full understanding of this requirement. All attachments can be found with the Document Uploads tab within the Delta eSourcing Portal. This contract will be awarded based on the evaluation criteria as set out in the RFP document. UK Shared Business Services Ltd (UK SBS) will be using the Delta eSourcing Portal for this procurement. How to Apply To register on the Delta eSourcing portal please use the link https://www.delta-esourcing.com/ and follow the instructions to register. If you are already registered on the Delta eSourcing Portal and wish to participate in this procurement, please use the link: https://www.delta-esourcing.com/ and the follow the instructions to 'Log in' Once you are logged into the system you will be able to link yourself into this procurement using the Access Code: AACKPR744U. Additional information: DO NOT APPLY DIRECTLY TO BUYER All submissions will be assessed in accordance with the Public Procurement Regulations that apply to this opportunity. Responses must be received by the date and time in the tender documentation; responses received outside of the deadline or not sent via the Delta eSourcing portal will not be accepted or considered by the Contracting Authority further for this opportunity. Interested organisations should ensure that they allow a sufficiency of time, prior to the deadline to allow all sections to be completed in full and any attachments to be uploaded. As a user of the Delta eSourcing Portal you will have access to the Delta messaging service which facilitates all messages sent to you and from you, as well as other messages and updates in relation to any specific tender event. Please note that any and all information secured outside of the messaging service, shall have no merit or worth and should not be relied upon by any organisation submitting a tender response. Please note it is your organisations responsibility to access these messages on a regular basis to ensure you have sight of all relevant information applicable to this opportunity. The Contracting Authority expressly reserves the right: i. not to award any contract as a result of the procurement process commenced by publication of this notice; and ii. to make whatever changes it may see fit to the content and structure of the procurement; and under no circumstances as part of your organisations participation in this opportunity, will the Contracting Authority be liable for any costs incurred by any organisation as a result. If the Contracting Authority decides to enter into a contract with any successful organisation(s), this does not mean that there is any guarantee of subsequent contracts being awarded. Any expenditure, work or effort undertaken prior to contract award is accordingly a matter solely for the commercial judgement of your organisation in doing so. About UK Shared Business Services UK Shared Business Services Ltd (UK SBS) brings a commercial attitude to the public sector; helping our contracting authorities to improve efficiency, generate savings and modernise. Where UK SBS is not named as the Contracting Authority within the documentation, UK SBS will be acting as an agent on behalf of the Contracting Authority. Our broad range of expert services is shared by our customers. This allows our customers the freedom to focus resources on core activities; innovating and transforming their own organisations. For full details of our partner base please review the following link: http://www.uksbs.co.uk/services/procure/contracts/Pages/default.aspx

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2e629a26-cd8d-4456-8e0f-50ba4fa26ba1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/64f0797e-79bc-43bc-b053-b1d04ce811d4
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66150000 - Financial markets administration services

66170000 - Financial consultancy, financial transaction processing and clearing-house services

66190000 - Loan brokerage services

Notice Value(s)

Tender Value
£940,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Dec 20214 years ago
Submission Deadline
18 Jan 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
11 Mar 2022 - 10 Mar 2028 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UK SHARED BUSINESS SERVICES LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWINDON
Postcode
SN2 1FF
Post Town
Swindon
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified
Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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. 

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