---
title: "DDaT22231 - Loan Management System"
ocid: "ocds-b5fd17-a96aa6f7-57ed-484d-94c3-6250badaaf0d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-a96aa6f7-57ed-484d-94c3-6250badaaf0d"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-a96aa6f7-57ed-484d-94c3-6250badaaf0d.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-a96aa6f7-57ed-484d-94c3-6250badaaf0d.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY"
published: "2023-02-24"
---

# DDaT22231 - Loan Management System

Buyer: DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY  
Current stage: Award  
OCID: ocds-b5fd17-a96aa6f7-57ed-484d-94c3-6250badaaf0d

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-a96aa6f7-57ed-484d-94c3-6250badaaf0d)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-a96aa6f7-57ed-484d-94c3-6250badaaf0d.json)

## Summary

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.

## Notice

***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).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/d361a764-7c62-4bd6-8f9e-d4a91b9f4c0c |
| 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 |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 24 Feb 2023 |
| Submission deadline | 18 Jul 2022 |
| Future notice date | Not specified |
| Award date | 18 Jan 2023 |
| Contract period | 23 Jan 2023 - 22 Jan 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £302,975 |
| Lots value | Not specified |
| Awards value | £302,975 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY |
| Locality | SWINDON |
| Post town | Swindon |
| Postcode | SN2 1FF |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK7 Gloucestershire and Wiltshire |
| ITL 3 | TLK71 Swindon |
| Local authority | Swindon |
| Electoral ward | Rodbourne Cheney |
| Westminster constituency | Swindon North |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | SOAR TECH |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48000000 - Software package and information systems

## Release History

- 24 Feb 2023 at 16:46 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/d361a764-7c62-4bd6-8f9e-d4a91b9f4c0c
- 10 Feb 2023 at 12:14 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/d361a764-7c62-4bd6-8f9e-d4a91b9f4c0c

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/d361a764-7c62-4bd6-8f9e-d4a91b9f4c0c
  24th February 2023 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/27226d66-9dff-437c-b1ed-e6414e9c7a8c
  n/a
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/b2b6ae83-f6a8-4783-bf32-926dacfcdc8f
  n/a

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-a96aa6f7-57ed-484d-94c3-6250badaaf0d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-a96aa6f7-57ed-484d-94c3-6250badaaf0d.json.