Source: https://tendernation.io/opportunities/01a13b92-5e84-736c-b4f8-8cb92ec3275d/ddat22231-loan-management-system closed GB open procedure # DDaT22231 - Loan Management system [UK Research and Innovation](https://tendernation.io/buyers/uk-research-and-innovation) Estimated value £450,000 Published 13 Jun 2022 Deadline Closed 18 Jul 2022 ## Who can bid - Open procedure Anyone can submit a full tender; there is no shortlisting stage. ## About this tender The final date and time for the submission of bids is Monday, 18th July 2022 at 17:00PM (GMT) DO NOT apply directly to the buyer. All tender information MUST be submitted through the Jaggaer eSourcing Portal. ### Brief Description of Requirement 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 of procurement 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. Note - on certain loans part of this interest is deferred until the Repayment period. - 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. As with Availability, on certain loans part of the interest will be deferred until the Repayment period. - 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 )The drawdown dates are not fixed at the start of the loan and often the dates change each quarter. Please ensure you review all attached information to ensure a full understanding of this requirement. 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 [beisgroup.ukp.app.jaggaer.com](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: [beisgroup.ukp.app.jaggaer.com](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. Read full description ## CPV classification Software package and information systems Source Find a Tender (UK) · Notice ocds-h6vhtk-0345ee-2022-06-13T17:33:45+01:00 [View official notice](https://www.find-tender.service.gov.uk/Notice/ocds-h6vhtk-0345ee-2022-06-13T17:33:45+01:00) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. 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