UK SHARED BUSINESS SERVICES LIMITED
UK SBS PS18048 Innovation Loans Credit Assessment Validation Services
This is a contract result notice, not an open opportunity. Details from the official award data.
This sits in the upper-middle of the Software & IT Systems band — a substantial contract for the sector. Based on 30,286 valued Software & IT Systems tenders in our corpus.
The final date and time for the submission of bids is Wednesday 28th February 2018 at 14:00 DO NOT apply directly to the buyer.
All tender information MUST be submitted through the CCS eSourcing Portal.
Brief Description of Requirement Aims Innovate UK is seeking procure services to support (and validate) its underwriting process for Innovation Loans.
The aim of the procurement is to procure services that produce: • Estimated probabilities of default covering up to five years on UK SMEs (limited companies and LLPs only) driven by verifiable data on company size, track record and sector, supported by backtesting against similar cohorts of borrowers; and • Automated calculation of key lending ratios from user inputs It is expected that the initial Innovation Loans portfolio will consist of between 100-150 SMEs, from around 500-750 applications.
Where any bidder provides such a service by way of licensed software, it is expected that five licenses will be required for the period of the contract.
Scope The scope is set out in "the requirements" below.
For avoidance of doubt, the successful bidder will not be required to consult on the Innovation Loans underwriting process or the application of data generated by the successful bidder to that process.
However, training on the use of the system and standard support on maintenance and updates will be required.
Please ensure you review all attached information to ensure a full understanding of this requirement.
All attachments can be found with the RFx attachments tab within the Emptoris System.
This contract will be awarded based on the evaluation criteria set out in the ITQ document.
How to Apply As part of the strategic alliance between UK Shared Business Services Ltd (UK SBS) and Crown Commercial Service (CCS), UK SBS will be using the CCS eSourcing Suite for this procurement.
To register on the CCS eSourcing portal please follow the details contained within the Additional Information section of this notice.
If you are already registered on the CCS eSourcing portal and wish to register your interest in this opportunity please email; 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; • the name and contact details for the registered individual sending the email.
What the notice asks for
For avoidance of doubt, the successful bidder
For avoidance of doubt, the successful bidder will not be required to consult on the Innovation Loans underwriting process or the application of data generated by the successful bidder to that process.
However, training on the use of
However, training on the use of the system and standard support on maintenance and updates will be required.
Your email must clearly state
Your email must clearly state:.
Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.
What this notice demands of you
1 named, none in explicit obligation language. Each one is quoted from the notice.
As part of the strategic alliance between UK Shared Business Services Ltd (UK SBS) and Crown Commercial Service (CCS), UK SBS will be using the CCS eSourcing Suite for this procurement.
Matched against the notice text, so this is a floor — the tender pack will demand things the notice never mentions. “Says must” means the quoted sentence itself used obligation language; anything ambiguous is left as a mention.
Make the case to bid
Reveal who to approach at UK SHARED BUSINESS SERVICES LIMITED, and generate a go-to-market strategy from their news, accounts and people.
Free to start. Named contacts come from published notices; the strategy is generated from the buyer’s news, accounts and people.
- OCID
- af820088-ff54-4b81-bf9a-e7aa65b5c805
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- PS18048
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
Who wins this kind of work
The suppliers and buyers around this opportunity — drawn from official award data. Drag to orbit; click a node to explore.
Top suppliers & buyers in Software & IT Systems
UK SHARED BUSINESS SERVICES LIMITED’s tender network