---
title: "UKIB Credit Risk Analytics Solution"
ocid: "ocds-h6vhtk-03eaa5"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03eaa5"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03eaa5.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03eaa5.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "UK INFRASTRUCTURE BANK LIMITED"
published: "2023-11-28"
---

# UKIB Credit Risk Analytics Solution

Buyer: UK INFRASTRUCTURE BANK LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-03eaa5

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03eaa5)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-03eaa5.json)

## Summary

The UK Infrastructure Bank Limited is seeking to procure a Credit Risk Analytics Solution under an open procurement procedure. The Bank, as a government-owned policy bank, aims to enhance its financial risk framework and due diligence processes. The solution will help assess, measure, and manage credit risk, counterparty risk, and ESG financial risk. The contract is valued between £626,516 and £742,320, with a significant focus on IT services.

This procurement presents an opportunity for businesses in the IT services sector, particularly those specializing in consulting, software development, and Internet services, to engage with the UK Infrastructure Bank's initiative. Companies offering analytical tools and credit assessment services would find this tender well-suited to their expertise. The procurement process is currently in the award stage, providing potential vendors with insights into the Bank's requirements and preferences.

## 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.

### Lot Information

Lot 1

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 November 2023 and the credit rating / scorecard service products shall have a 3 year subscription period. The 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.

Renewal: Option to extend the non-scorecard elements of the solution by two further one year periods.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/035054-2023 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 28 Nov 2023 |
| Submission deadline | 25 Aug 2023 |
| Future notice date | Not specified |
| Award date | 24 Oct 2023 |
| Contract period | Not specified |
| Recurrence | 12 months prior to the contract's expiry. |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £742,320 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## 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 |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | SANDP GLOBAL MARKET INTELLIGENCE |

## CPV Codes

### Divisions

- 72 - IT services: consulting, software development, Internet and support

### Codes

- 72000000 - IT services: consulting, software development, Internet and support

## Release History

- 28 Nov 2023 at 12:15 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/035054-2023
- 8 Nov 2023 at 15:09 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/033085-2023
- 7 Aug 2023 at 07:37 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/022846-2023
- 26 Jul 2023 at 17:03 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/021720-2023

## Notice URLs

- https://atamis-3929.my.site.com/s/Welcome
- https://theroyalcourtsofjustice.com/
- https://www.spglobal.com/marketintelligence/en/
- https://www.ukib.org.uk
- https://www.ukib.org.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-h6vhtk-03eaa5. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03eaa5.json.