Award

UK Research and Innovation: Innovation Continuity Loans - Loans Administration Services

UK SHARED BUSINESS SERVICES LIMITED

This public procurement record has 3 releases in its history.

AwardUpdate

10 Mar 2025 at 11:41

AwardUpdate

30 Aug 2024 at 10:12

Award

12 Feb 2021 at 08:46

Summary of the contracting process

UK Shared Business Services Limited (UK SBS) procured a contract titled "UK Research and Innovation: Innovation Continuity Loans - Loans Administration Services". This contract falls under the Financial and Insurance Services industry category and involves loan administration services for UK Research and Innovation. The procurement process concluded with a single tender action. The specific tender ran from an end date of 28th August 2020, with the contract starting on 1st September 2020 and scheduled to end on 31st March 2027. The tender was valued at £800,603 GBP. The contracting authority is based in Swindon, England, with delivery within the United Kingdom. The procurement is now in the Award stage as of the most recent update on 10th March 2025.

This tender presents significant growth opportunities, particularly for SMEs and organisations structured as VCSEs, given its suitability for such entities. The awarded supplier, The Enterprise Fund Limited t/a GC Business Finance, demonstrates that the requirements favour organisations capable of providing specialised financial and insurance services. Businesses with a strong presence in financial services, especially those with expertise in loan administration, are well-suited to compete in similar tenders. The long-term nature of the contract also provides sustained revenue opportunities, aiding business stability and growth over the contract period.

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.

Notice Title

UK Research and Innovation: Innovation Continuity Loans - Loans Administration Services

Notice Description

*****This is not a call for competition***** Requirement was procured via a Single Tender Action to provide UK Research and Innovation the supply of Innovation Continuity Loans - Loan Administration Services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cf02b620-996a-4c52-9269-841149b5c74a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a36f187b-00cf-4f4a-a4a6-f0bc1615fc91
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£800,603 £500K-£1M
Lots Value
Not specified
Awards Value
£744,011 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
10 Mar 202511 months ago
Submission Deadline
28 Aug 2020Expired
Future Notice Date
Not specified
Award Date
30 Aug 20205 years ago
Contract Period
31 Aug 2020 - 31 Jul 2025 4-5 years
Recurrence
Not specified

Notice Status

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

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

Supplier Information

Number of Suppliers
1
Supplier Name

THE ENTERPRISE FUND LIMITED T/A GC BUSINESS FINANCE

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-cf02b620-996a-4c52-9269-841149b5c74a-2025-03-10T11:41:00Z",
    "date": "2025-03-10T11:41:00Z",
    "ocid": "ocds-b5fd17-cf02b620-996a-4c52-9269-841149b5c74a",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CS20300",
        "title": "UK Research and Innovation: Innovation Continuity Loans - Loans Administration Services",
        "description": "*****This is not a call for competition***** Requirement was procured via a Single Tender Action to provide UK Research and Innovation the supply of Innovation Continuity Loans - Loan Administration Services",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "United Kingdom"
                    },
                    {
                        "countryName": "United Kingdom"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 800603,
            "currency": "GBP"
        },
        "procurementMethod": "direct",
        "procurementMethodDetails": "Single tender action (below threshold)",
        "tenderPeriod": {
            "endDate": "2020-08-28T11:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2020-09-01T00:00:00+01:00",
            "endDate": "2027-03-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": true
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/dXGP288m",
            "name": "UK SHARED BUSINESS SERVICES LIMITED",
            "identifier": {
                "legalName": "UK SHARED BUSINESS SERVICES LIMITED",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/dXGP288m"
            },
            "address": {
                "streetAddress": "UK Shared Business Services, Polaris House, North Star Avenue",
                "locality": "SWINDON",
                "postalCode": "SN21FF",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "professionalservices@uksbs.co.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-04460763",
            "name": "The Enterprise Fund Limited t/a GC Business Finance",
            "identifier": {
                "legalName": "The Enterprise Fund Limited t/a GC Business Finance",
                "scheme": "GB-COH",
                "id": "04460763"
            },
            "address": {
                "streetAddress": "Lee House 90 Great Bridgewater Street Manchester M1 5JW"
            },
            "details": {
                "scale": "sme",
                "vcse": true
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/dXGP288m",
        "name": "UK SHARED BUSINESS SERVICES LIMITED"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-cf02b620-996a-4c52-9269-841149b5c74a-1",
            "status": "active",
            "date": "2020-08-31T00:00:00+01:00",
            "datePublished": "2021-02-12T08:46:10Z",
            "value": {
                "amount": 744011,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-04460763",
                    "name": "The Enterprise Fund Limited t/a GC Business Finance"
                }
            ],
            "contractPeriod": {
                "startDate": "2020-09-01T00:00:00+01:00",
                "endDate": "2025-07-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/a36f187b-00cf-4f4a-a4a6-f0bc1615fc91",
                    "datePublished": "2021-02-12T08:46:10Z",
                    "format": "text/html",
                    "language": "en",
                    "dateModified": "2025-03-10T11:41:00Z"
                }
            ]
        }
    ]
}