--- title: "UKRI Loan Administration Services" ocid: "ocds-h6vhtk-02ffe1" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02ffe1" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02ffe1.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02ffe1.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "UK RESEARCH AND INNOVATION" published: "2021-12-10" --- # UKRI Loan Administration Services Buyer: UK RESEARCH AND INNOVATION Current stage: Tender OCID: ocds-h6vhtk-02ffe1 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02ffe1) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-02ffe1.json) ## Summary The procurement process is being conducted by UK Shared Business Services Ltd (UK SBS) on behalf of UK Research and Innovation (UKRI) for the title "UKRI Loan Administration Services." This tender falls under the services industry category and is classified as loan brokerage services. The procurement is currently in the active tender stage, with a deadline for submissions set for 18 January 2022. Companies interested in submitting their bids must do so electronically via the Delta eSourcing portal, and active participation requires registration on the portal using the access code AACKPR744U. The total value of the contract is £940,000, and the contract period is expected to last for a total of seven years with potential renewals. This tender presents significant opportunities for businesses specialising in financial services and loan administration. Organisations with experience in managing loan portfolios, particularly those familiar with the public sector or funding innovative projects, will be well-suited to compete for this contract. The successful provider will be tasked with delivering loan administration services to support the delivery of the Innovation Loans programme, which aims to process up to 500 new loans annually, thereby creating an avenue for service providers to grow their portfolios within a thriving innovation ecosystem in the UK. ## Notice UK Shared Business Services Ltd (UK SBS) on behalf of UK Research and Innovation (UKRI), wish to appoint a provider who can provide Loan Administration Services UK SBS is managing this procurement in accordance with the Public Contracts Regulations 2015 (as amended from time to time) (the "Regulations"). This is a Services Contract being procured under Open Procedure Regulations. See section I.3) for access to procurement documentation. UK SBS will be using the Delta eSourcing Portal for this procurement. The access code is AACKPR744U. ### Lot Information Lot 1 UK Shared Business Services Ltd (UK SBS) on behalf of UK Research and Innovation (UKRI), wish to appoint a provider who can provide Loan Administration Services. Brief Description of Requirement In 2018 Innovate UK launched Innovation Loans to fund later stage R&D projects with a clear route to commercial success. To date, Innovate UK Loans have committed PS156m (total committed facility) to 183 businesses, supporting 200 new innovation projects. UKRI - Innovate UK Loans Limited is seeking to procure a loan administrator to provide white label services to support the backend delivery of its Innovation Loans programme. The programme is expected to deliver up to 500 new loans/per year, supporting up to 500 new Innovative UK businesses. The aim of procurement is to: - Procure the delivery of reliable and responsive loan administration; - Ensure sufficient resource is dedicated to the administration of Innovation Loans; - The capacity to correctly process up to 500 loans a year A brief summary of the requirement has been provided above, please ensure you review the specification for full details of this requirement. All documents relating to this procurement can be found within the Stage One: Overview Section on the Delta eSourcing Portal. UK SBS is managing this procurement in accordance with the Public Contracts Regulations 2015 (as amended from time to time) (the "Regulations"). This is a Services Contract being procured under Open Procedure Regulations. See section I.3) for access to procurement documentation. UK SBS will be using the Delta eSourcing Portal for this procurement. The access code is AACKPR744U. Renewal: The contract is to be let on a 5 year + 1 year + 1 year basis - 7 years in total. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/030826-2021 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 10 Dec 2021 | | Submission deadline | 18 Jan 2022 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £940,000 | | Lots value | £940,000 | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Active | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | UK RESEARCH AND INNOVATION | | 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 | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66150000 - Financial markets administration services - 66170000 - Financial consultancy, financial transaction processing and clearing-house services - 66190000 - Loan brokerage services ## Release History - 10 Dec 2021 at 14:06 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/030826-2021 ## Notice URLs - http://www.uksbs.co.uk - https://uksbs.delta-esourcing.com - https://uksbs.deltaesourcing.com - https://www.delta-esourcing.com/ ## 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-h6vhtk-02ffe1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02ffe1.json.