Award

Agreements for the Start-Up Loans Compan y's Finance Partner and associated

THE START-UP LOANS COMPANY LIMITED

This public procurement record has 1 release in its history.

Award

27 Mar 2020 at 07:40

Award Notice
Summary of the contracting process

The Start-Up Loans Company Limited is conducting a tender titled "Agreements for the Start-Up Loans Company’s Finance Partner and associated services", in the financial and insurance services industry. This procurement process is currently in the Award stage, with the contract having an estimated value of £18,000,000. The procurement method used is an open procedure, and the contract period spans from 11 March 2020 to 9 September 2026. The tender was published on 27 March 2020, and significant companies are invited to provide services related to the issuance and administration of new loans, as well as the handling of pre-existing loans.

This procurement offers significant opportunities for businesses in the financial services sector to expand their operations, particularly for those capable of managing loan issuance and administration. Small and medium-sized enterprises (SMEs), especially those with experience in financial services, are well-suited to compete for this contract, which involves extensive engagement across various regions, including the UK and the British Overseas Territories. By participating in this tender, businesses can not only secure lucrative contracts but also contribute to the broader economic support aimed at start-ups.

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Notice Information

Notice Title

Agreements for the Start-Up Loans Compan y's Finance Partner and associated

Notice Description

The Start-Up Loans Company is conducting this procurement to establish agreements for finance partners for the Start Up Loans scheme as follows: Lot 1: Issuing of New Loans, Loan Administration of New Loans, Debt Collection of New Loans Lot 2: Assignment of pre-existing Loans; Loan Administration of pre-existing Loans, Debt Collection of pre-existing Loans

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-46cc6d5f-9fad-4b45-bf58-b97520ccb237
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bf1ccde0-f72a-4f1f-b330-0f9c87f5c46d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£18,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£18,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
27 Mar 20205 years ago
Submission Deadline
9 Mar 2020Expired
Future Notice Date
Not specified
Award Date
9 Mar 20205 years ago
Contract Period
11 Mar 2020 - 9 Sep 2026 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE START-UP LOANS COMPANY 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
LONDON
Postcode
WC2H 9JQ
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
Not specified
Local Authority
Camden
Electoral Ward
Holborn & Covent Garden
Westminster Constituency
Holborn and St Pancras

Supplier Information

Number of Suppliers
1
Supplier Name

THE ENTERPRISE FUND

Further Information

Notice Documents

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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