Published date: 13 June 2022
This notice was replaced on 4 July 2023
This notice does not contain the most up-to-date information about this procurement. The most recent notice is:
Awarded contract (published 4 July 2023, last edited 4 July 2024)
Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.
Contract summary
Industry
Software package and information systems - 48000000
Location of contract
SN2 1FL
Value of contract
£450,000
Procurement reference
DDaT22231
Published date
13 June 2022
Closing date
18 July 2022
Closing time
5pm
Contract start date
10 October 2022
Contract end date
9 October 2025
Contract type
Service contract
Procedure type
Open procedure (above threshold)
Any interested supplier may submit a tender in response to an opportunity notice.
This procedure can be used for procurements above the relevant contract value threshold.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
The final date and time for the submission of bids is Monday, 18th July 2022 at 17:00.
DO NOT apply directly to the buyer.
All tender information MUST be submitted through the Jaggaer eSourcing Portal.
Brief Description of Requirement
The maximum budget for the initial three years is £450,000.00 excluding VAT.
There is an option for extension for Year 4 & Year 5.
The optional extension of 2 years (1+ 1) on an annual basis shall not exceed £120,000.00 excluding VAT.
UKRI - Innovate UK Loans Limited is seeking to procure a loan management system to support the backend delivery of its Innovation Loans programme. The programme is expected to deliver 50-100 new loans/per year, supporting approximately 200 new Innovative UK businesses.
The aim is to:
- Procure the delivery of reliable, responsive and flexible loan management system;
- Procure a system which had evidenced capability to run loans of the same or similar type to Innovation Loans.
- Ensure the provider has sufficient capability to train IUKL users on the system and be dedicated to the account for up to 6 months to ensure the team are comfortable using the system.
- Ensure sufficient technical resource is available to onboard the loans to the system and setup integrations to existing IUKL systems.
The loans are currently structured as follows - but are subject to change:
- Availability period - the time in which the business completed their R&D project and draws down funds from the overall committed facility (similar to stage payments). This is an interest only period which can be up to 3 years in length.
- Extension Period - an interest only period to allow businesses time to commercialise their project. No drawdowns take place in this period. This is an interest only period which can be up to 2 years in length.
- Repayment period - repayment of capital and interest (including accrued interest in some instances), can be up to 5 years in length.
- The drawdowns are typically paid quarterly and interest is also collected quarterly(an example of the process flow is given in Appendix C1 ).
All attachments can be found with the Supplier Attachments tab within the Jaggaer eSourcing Portal.
This contract will be awarded based on the evaluation criteria as set out in the RFP document.
How to Apply
UK Shared Business Services Ltd (UK SBS) will be using the Jaggaer eSourcing Portal for this procurement.
To register on the Jaggaer eSourcing portal please use the link https://beisgroup.ukp.app.jaggaer.com/ and follow the instructions to register as a supplier.
If you are already registered on the Jaggaer eSourcing Portal and wish to participate in this procurement, please use the link: https://beisgroup.ukp.app.jaggaer.com/.
Once you are logged into the system you will be able to locate the Procurement you wish to leave a bid on by clicking the ITTs Open to All Suppliers and searching for the reference number DDaT22231.
More information
Previous notice about this procurement
Lending Administration Solution
- Early engagement
- Published 22 April 2022
Links
-
- https://beisgroup.ukp.app.jaggaer.com/
- Tender notice
- Jaggaer eSourcing Portal
Additional text
-
All submissions will be assessed in accordance with the Public Procurement Regulations that apply to this opportunity.
Responses must be received by the date and time in the tender documentation; responses received outside of the deadline or not sent via the Jaggaer eSourcing portal will not be accepted or considered by the Contracting Authority further for this opportunity. Interested organisations should ensure that they allow a sufficiency of time, prior to the deadline to allow all sections to be completed in full and any attachments to be uploaded.
As a user of the Jaggaer eSourcing Portal you will have access to the Jaggaer messaging service which facilitates all messages sent to you and from you, as well as other messages and updates in relation to any specific tender event. Please note that any and all information secured outside of the messaging service, shall have no merit or worth and should not be relied upon by any organisation submitting a tender response.
Please note it is your organisations responsibility to access these messages on a regular basis to ensure you have sight of all relevant information applicable to this opportunity.
The Contracting Authority expressly reserves the right:
i. not to award any contract as a result of the procurement process commenced by publication of this notice; and
ii. to make whatever changes it may see fit to the content and structure of the procurement; and under no circumstances as part of your organisations participation in this opportunity, will the Contracting Authority be liable for any costs incurred by any organisation as a result. If the Contracting Authority decides to enter into a contract with any successful organisation(s), this does not mean that there is any guarantee of subsequent contracts being awarded. Any expenditure, work or effort undertaken prior to contract award is accordingly a matter solely for the commercial judgement of your organisation in doing so.
About UK Shared Business Services
UK Shared Business Services Ltd (UK SBS) brings a commercial attitude to the public sector; helping our contracting authorities to improve efficiency, generate savings and modernise.
Where UK SBS is not named as the Contracting Authority within the documentation, UK SBS will be acting as an agent on behalf of the Contracting Authority.
Our broad range of expert services is shared by our customers. This allows our customers the freedom to focus resources on core activities; innovating and transforming their own organisations.
For full details of our partner base please review the following link: http://www.uksbs.co.uk/services/procure/contracts/Pages/default.aspx
About the buyer
Contact name
DDaT Procurement
Address
Polaris House,North Star Avenue
SWINDON
SN21FF
England
Telephone
01793 86 7005
Share this notice
All content is available under the
