---
title: "UK SBS IT17530 Innovate UK Innovation Loans Portfolio Model"
ocid: "ocds-b5fd17-cb7df718-7bdf-4d34-982b-e8b84073fb9d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-cb7df718-7bdf-4d34-982b-e8b84073fb9d"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-cb7df718-7bdf-4d34-982b-e8b84073fb9d.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-cb7df718-7bdf-4d34-982b-e8b84073fb9d.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "UK SHARED BUSINESS SERVICES LIMITED"
published: "2018-02-27"
---

# UK SBS IT17530 Innovate UK Innovation Loans Portfolio Model

Buyer: UK SHARED BUSINESS SERVICES LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-cb7df718-7bdf-4d34-982b-e8b84073fb9d

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## Summary

The procurement process, initiated by UK Shared Business Services Limited, involves a tender titled "UK SBS IT17530 Innovate UK Innovation Loans Portfolio Model" in the IT services and software package industry. The tender period ended on 5th February 2018, and the contract period started on 26th February 2018, running until 30th June 2018. This contract, with an awarded amount of £22,500, aimed to procure a functional Loan Portfolio Model to support the forecasting and recording of a prospective loan portfolio of up to £50 million. The procurement method used was an open procedure, which allows for broad participation from qualified suppliers.

This tender presents a valuable opportunity for small and medium-sized enterprises (SMEs) that specialise in IT services, particularly those focused on software development and financial modelling. Companies that can provide innovative solutions for forecasting loan and portfolio performance, as well as those experienced in delivering related IT services, would be well-positioned to compete. Participating in such tenders can help businesses enhance their visibility and establish fruitful relationships within the public sector.

## Notice

PLEASE NOTE THIS CONTRACT HAS NOW BEEN AWARDED. PLEASE REFER TO THE AWARD DETAILS BELOW. Innovate UK is seeking to procure a Loan Portfolio Model to support the forecasting and recording of a prospective portfolio of up to PS50m, shared across around 100 transactions. This procurement is for the functional model only and will not require consultancy or advice on the underpinning assumptions around items such as maturities, probability of default or forecast loss given default, for example. The aim of the procurement is to procure a functional model that enables: * Forecasting of loan and portfolio performance based on key assumptions; * Forecasting of loan and portfolio performance based on actuals; and * Output of reports in a format suitable for review by the Innovation Loans credit function and the Innovate UK finance function Additional information: Note: Please disregard any content in this notice that requests your organisation "to apply directly to the buyer" as this unfortunately a system generated error, that is outside of the Contracting Authorities control. As part of the strategic alliance between UK Shared Business Services Ltd (UK SBS) and Crown Commercial Service (CCS), UK SBS can use the CCS eSourcing Suite for future procurements. If you have not yet registered on the eSourcing Suite, this can be done online at https://gpsesourcing.cabinetoffice.gov.uk by following the link 'Register for CCS eSourcing'. Please note that, to register, you must have a valid DUNS number (as provided by Dun and Bradstreet) for the organisation which you are registering, who will be entering into a contract if invited to do so. Once you have registered on the eSourcing Suite, a registered user can express an interest for a specific procurement. This is done by emailing Expressionofinterest@crowncommercial.gov.uk Your email must clearly state: the name and reference for the procurement you wish to register for; the name of the registered Bidder; and the name and contact details for the registered individual sending the email. Crown Commercial Service will process the email and then enable the Bidder to access the procurement online via the e-Sourcing Suite. The registered user will receive a notification email to alert them once this has been done. The Sourcing documents can then be accessed on the eSourcing Suite at: https://gpsesourcing.cabinetoffice.gov.uk using the instructions detailed in the Specification documents within Contracts Finder. As a user of the e-Sourcing Suite you will have access to Emptoris email messaging service which facilitates all messages sent to you and from you in relation to any specific RFX event. Please note it is your responsibility to access these emails on a regular basis to ensure you have sight of all relevant information. For technical assistance on use of the e-Sourcing Suite please contact Crown Commercial Service Helpdesk : Telephone: 0345 010 3503 Training documents to support Bidders utilise Emptoris CCS eSourcing are available in the Contracts Finder Tender documents section.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/aba608ab-42b1-4cae-bd2d-6e5d3b3a1b45 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 27 Feb 2018 |
| Submission deadline | 5 Feb 2018 |
| Future notice date | Not specified |
| Award date | 21 Feb 2018 |
| Contract period | 26 Feb 2018 - 30 Jun 2018 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £30,000 |
| Lots value | Not specified |
| Awards value | £22,500 |
| 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 | UK SHARED BUSINESS SERVICES LIMITED |
| 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 | GRIDLINES GROUP |

## CPV Codes

### Divisions

- 48 - Software package and information systems
- 72 - IT services: consulting, software development, Internet and support

### Codes

- 48000000 - Software package and information systems
- 72000000 - IT services: consulting, software development, Internet and support

## Release History

- 27 Feb 2018 at 11:52 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/aba608ab-42b1-4cae-bd2d-6e5d3b3a1b45
- 31 Jan 2018 at 13:02 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/9ee153ca-7d3a-429a-b514-e5e6987543e3
- 19 Jan 2018 at 16:03 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/9ee153ca-7d3a-429a-b514-e5e6987543e3

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/aba608ab-42b1-4cae-bd2d-6e5d3b3a1b45
  27th February 2018 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/9ee153ca-7d3a-429a-b514-e5e6987543e3
  31st January 2018 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/948ea72e-711d-4b71-9bba-37d80a864386
  Bidder Logging into Emptoris for the first time
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/3799580c-652c-4954-8baa-b819aef0315d
  Bidder Training
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/a464c9d2-1158-474f-98a8-47df0cad94d3
  IT17530 S1 - Services purchasing contract
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/eec53776-ce38-4f8a-bb38-fb3c8edf07a4
  Cyber Essentials Questionnaire - see clause C7-16
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/345b2f09-6339-4f25-a6d8-163e5c1191dc
  IT17530 ITQ Invitation to Quote
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/63f4465b-6330-48d8-b687-fb9acf12ca8e
  IT17530 ITQ Invitation to Quote Questions
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/9ef752e2-5230-4717-829d-86561aadf356
  IT17530 AW5.2 Price Schedule
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/6d3bab1d-88a3-482b-afeb-af74076b5534
  IT17530 ITQ Invitation to Quote v2

## Notice URLs

- https://gpsesourcing.cabinetoffice.gov.uk

## 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-cb7df718-7bdf-4d34-982b-e8b84073fb9d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-cb7df718-7bdf-4d34-982b-e8b84073fb9d.json.