Award

DDaT22231 - Loan Management System

DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

This public procurement record has 2 releases in its history.

AwardUpdate

24 Feb 2023 at 16:46

Award Notice
Award

10 Feb 2023 at 12:14

Award Notice
Summary of the contracting process

The Department for Business, Energy & Industrial Strategy awarded a contract for the provision of a Loan Management System, with a value of £302,975 GBP. The procurement process was conducted through an open procedure (above threshold) with a tender period ending on 18th July 2022. The contract period spans from 23rd January 2023 to 22nd January 2026. The award was made to Soar Tech Limited, and the buying organisation is UK Research and Innovation (UKRI), IUKL. The contract location is SWINDON, England, and the main procurement category is services.

This contract for the Loan Management System provides business growth opportunities for companies, particularly those in the software package and information systems industry. Small and medium enterprises (SMEs) would find this tender suitable to compete for. Businesses located in the United Kingdom or willing to deliver to multiple regions, including British Oversea Territories, Channel Islands, Europe, Isle of Man, or the rest of the World, should consider engaging with the Department for Business, Energy & Industrial Strategy for potential future contracts in related fields.

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Notice Information

Notice Title

DDaT22231 - Loan Management System

Notice Description

***Please note this is an award notice, not a call for competition*** UK Research and Innovation (UKRI), IUKL had a requirement for the provision of Loan Management System. This has been sourced via a competitive open procedure (above threshold).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a96aa6f7-57ed-484d-94c3-6250badaaf0d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d361a764-7c62-4bd6-8f9e-d4a91b9f4c0c
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 (above threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£302,975 £100K-£500K
Lots Value
Not specified
Awards Value
£302,975 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Feb 20233 years ago
Submission Deadline
18 Jul 2022Expired
Future Notice Date
Not specified
Award Date
18 Jan 20233 years ago
Contract Period
23 Jan 2023 - 22 Jan 2026 3-4 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
DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY
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

Supplier Information

Number of Suppliers
1
Supplier Name

SOAR TECH

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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