--- title: "CREDIT RISK ANALYTICS SOLUTION" ocid: "ocds-b5fd17-39e76f5c-72d5-40cb-bd30-22feb4df4291" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-39e76f5c-72d5-40cb-bd30-22feb4df4291" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-39e76f5c-72d5-40cb-bd30-22feb4df4291.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-39e76f5c-72d5-40cb-bd30-22feb4df4291.json" source: "Contracts Finder" current_stage: "Tender" buyer: "UK INFRASTRUCTURE BANK LIMITED" published: "2023-08-04" --- # CREDIT RISK ANALYTICS SOLUTION Buyer: UK INFRASTRUCTURE BANK LIMITED Current stage: Tender OCID: ocds-b5fd17-39e76f5c-72d5-40cb-bd30-22feb4df4291 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-39e76f5c-72d5-40cb-bd30-22feb4df4291) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-39e76f5c-72d5-40cb-bd30-22feb4df4291.json) ## Summary The UK Infrastructure Bank Limited has initiated a tender process for the provision of a Credit Risk Analytics Solution. The bank aims to enhance its financial risk framework by procuring tools to assess credit risk, counterparty risk, and environmental, social, and governance financial risk. The contract, starting in October 2023, will involve a 3-year subscription period for credit rating services and potentially 1-year subscriptions for other services. The tender period ends on 25th August 2023, and the contract period spans from 11th October 2023 to 10th October 2026. This opportunity falls under the IT services main procurement category. This tender opportunity by the UK Infrastructure Bank Limited for a Credit Risk Analytics Solution presents a chance for companies in the consulting, software development, and IT services sectors to compete. Businesses with expertise in providing credit scoring tools, ESG data integration, and risk assessment services would be well-suited to take part. Suppliers interested in this tender can access the documentation through the Atamis e-Tendering Portal or by requesting the Procurement Documents via email. The procurement method is an open procedure above threshold, indicating a fair and transparent selection process. ## Notice The UK Infrastructure Bank ("UKIB") is a government-owned policy bank, focused on increasing infrastructure investment across the United Kingdom. UKIB is providing PS22bn of infrastructure finance to tackle climate change and support regional and local economic growth across the UK. UKIB has grown at pace, resourcing key functions to enable it to undertake both local authority and private sector lending. Given UKIB's growing portfolio of assets and relationships, UKIB wishes to further strengthen its existing financial risk framework and due diligence processes by procuring specific tools to assess, measure and manage credit risk, counterparty and environmental, social and governance (ESG) financial risk as further described below. The key objectives for the services are the provision of: - an analytical tool / scorecards to generate independent and market calibrated credit scores and expected recovery rates on infrastructure, project finance and corporate exposures and provide the underlying credit ratings mapping to probability of default; and - long-term historical credit data relevant to infrastructure, project finance and corporate exposures to support detailed analysis of probability of default, loss given default / recovery rates and correlations across different sub sections (including geography, sub-sector). The service will need to include embedded environmental, social and governance ("ESG") factors to support an holistic approach to risk. Ideally the service will provide the ability to take into account ESG data, scores and screening in credit rating and assessment. The scorecards / database must cover project finance, infrastructure finance and corporate borrowers and the credit database must include data relating to UKIB's strategic sectors (water, energy, transport, digital and waste). The contract shall commence in October 2023 and the credit rating / scorecard service products shall have a 3 year subscription period. It is anticipated that other service products for which a subscription is provided as part of the solution will be taken out on a 1 year basis with an option to extend for two further 1 year periods. Interested providers will be able to view this opportunity via the live opportunities list on UKIB's e-procurement system, Atamis. Click on 'View our Live Opportunities' from the home page, available on the following link: https://atamis-3929.my.site.com/s/Welcome. Once you have found the opportunity (via the search function, using the title or reference number), to gain full access to the tender documentation (including questionnaires), you will need to click on 'Register interest' - this will take you to the log-in page. If you are not already registered on the system, you will need to do so before gaining full access to the documentation and being able to submit a bid. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/fd2ab656-d79d-4304-b9f8-347c870f1b3d | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 4 Aug 2023 | | Submission deadline | 25 Aug 2023 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 10 Oct 2023 - 10 Oct 2026 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | UK INFRASTRUCTURE BANK LIMITED | | Locality | LEEDS | | Post town | Leeds | | Postcode | LS1 4DW | | Country | England | | ITL 1 | TLE Yorkshire and The Humber | | ITL 2 | TLE4 West Yorkshire | | ITL 3 | TLE42 Leeds | | Local authority | Leeds | | Electoral ward | Hunslet & Riverside | | Westminster constituency | Leeds South | | Delivery location | Not specified | ## CPV Codes ### Divisions - 72 - IT services: consulting, software development, Internet and support ### Codes - 72000000 - IT services: consulting, software development, Internet and support ## Release History - 4 Aug 2023 at 13:26 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/fd2ab656-d79d-4304-b9f8-347c870f1b3d - 28 Jul 2023 at 15:34 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/fd2ab656-d79d-4304-b9f8-347c870f1b3d ## Documents - https://www.contractsfinder.service.gov.uk/Notice/fd2ab656-d79d-4304-b9f8-347c870f1b3d 4th August 2023 - Opportunity notice on Contracts Finder - https://www.find-tender.service.gov.uk/Notice/021720-2023?origin=SearchResults&p=1 ## Notice URLs - https://atamis-3929.my.site.com/s/Welcome ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. 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