Source: https://tendernation.io/opportunities/01a13c2e-12a6-723e-82f8-47b8a4c25bdf/uk-sbs-it17530-innovate-uk-innovation-loans-portfolio-model

awarded GB open procedure Suitable for SMEs

# UK SBS IT17530 Innovate UK Innovation Loans Portfolio Model

[UK Shared Business Services Limited](https://tendernation.io/buyers/uk-shared-business-services-limited)

Estimated value

£30,000

Published

19 Jan 2018

Deadline

Closed

5 Feb 2018

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Small contract value

    Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

PLEASE NOTE THIS CONTRACT HAS NOW BEEN AWARDED. PLEASE REFER TO THE AWARD DETAILS BELOW.

Innovate UK is seeking to procure a Loan Portfolio Model to support the forecasting and recording of a prospective portfolio of up to Â£50m, shared across around 100 transactions. This procurement is for the functional model only and will not require consultancy or advice on the underpinning assumptions around items such as maturities, probability of default or forecast loss given default, for example.

The aim of the procurement is to procure a functional model that enables:

â&#128;¢ Forecasting of loan and portfolio performance based on key assumptions;

â&#128;¢ Forecasting of loan and portfolio performance based on actuals; and

â&#128;¢ Output of reports in a format suitable for review by the Innovation Loans credit function and the Innovate UK finance function

Additional information: Note: Please disregard any content in this notice that requests your organisation "to apply directly to the buyer" as this unfortunately a system generated error, that is outside of the Contracting Authorities control. As part of the strategic alliance between UK Shared Business Services Ltd (UK SBS) and Crown Commercial Service (CCS), UK SBS can use the CCS eSourcing Suite for future procurements. If you have not yet registered on the eSourcing Suite, this can be done online at [gpsesourcing.cabinetoffice.gov.uk](https://gpsesourcing.cabinetoffice.gov.uk) by following the link 'Register for CCS eSourcing'. Please note that, to register, you must have a valid DUNS number (as provided by Dun and Bradstreet) for the organisation which you are registering, who will be entering into a contract if invited to do so. Once you have registered on the eSourcing Suite, a registered user can express an interest for a specific procurement. This is done by emailing  Your email must clearly state: the name and reference for the procurement you wish to register for; the name of the registered Bidder; and the name and contact details for the registered individual sending the email. Crown Commercial Service will process the email and then enable the Bidder to access the procurement online via the e-Sourcing Suite. The registered user will receive a notification email to alert them once this has been done. The Sourcing documents can then be accessed on the eSourcing Suite at: [gpsesourcing.cabinetoffice.gov.uk](https://gpsesourcing.cabinetoffice.gov.uk) using the instructions detailed in the Specification documents within Contracts Finder. As a user of the e-Sourcing Suite you will have access to Emptoris email messaging service which facilitates all messages sent to you and from you in relation to any specific RFX event. Please note it is your responsibility to access these emails on a regular basis to ensure you have sight of all relevant information. For technical assistance on use of the e-Sourcing Suite please contact Crown Commercial Service Helpdesk : Telephone: 0345 010 3503 Training documents to support Bidders utilise Emptoris CCS eSourcing are available in the Contracts Finder Tender documents section.

Read full description

## CPV classification

Software package and information systems

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/cb7df718-7bdf-4d34-982b-e8b84073fb9d)

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[Buyer profile UK Shared Business Services Limited: past awards and live tenders](https://tendernation.io/buyers/uk-shared-business-services-limited) [Sector More Software packages & information systems tenders](https://tendernation.io/sectors/software-information-systems)

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