Award

Support and professional services for loan applicant vetting

UK RESEARCH & INNOVATION

This public procurement record has 1 release in its history.

Award

15 Aug 2024 at 18:05

Award Notice
Summary of the contracting process

UK Research & Innovation (UKRI) has concluded a procurement process for "Support and professional services for loan applicant vetting", falling under the industry category of Financial auditing services. This procurement, directed towards services, is located in Swindon, within the UKK14 region. The contract has moved to the Award stage, having been awarded on 1st July 2024. The procurement was carried out through a limited procedure, with a justification based on the absence of competition for technical reasons. The awarded supplier is Artesian Solutions Ltd, and the contract is valued at £64,467.

This tender creates significant opportunities for businesses specialising in support services and professional services related to financial auditing and loan vetting. Given the nature of the bespoke validation process required, companies with technical expertise in loan application systems and established track records in financial auditing would be well-suited to compete in such procurements. Firms that can offer high-quality service without competitive alternatives will find such opportunities particularly rewarding, fostering growth through exclusive contracts with major research bodies like UKRI.

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Notice Information

Notice Title

Support and professional services for loan applicant vetting

Notice Description

Support and professional services for loan applicant vetting

Lot Information

Lot 1

Support services and other professional services. Additional information: Procurement Contract Transparency Data: Redacted contract documents will be made available within the next 30 days on the UKRI website at: Procurement contract (transparency) data - UKRI

Procurement Information

Current supplier is the only operator who offers support of the custom designed loan application validation required by Innovate UK

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-048b52
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/026018-2024
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79212100 - Financial auditing services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£64,467 Under £100K

Notice Dates

Publication Date
15 Aug 20241 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Jun 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UK RESEARCH & INNOVATION
Contact Name
Not specified
Contact Email
corporateprocurement@ukri.org
Contact Phone
+44 1793298902

Buyer Location

Locality
SWINDON
Postcode
SN2 1FL
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
TLK14 Swindon
Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

ARTESIAN SOLUTIONS

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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