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The UK SHARED BUSINESS SERVICES LIMITED has issued a Tender notice for the procurement of a Ddat24368 - Loan Management System - Request for Proposal - Rfp in the United Kingdom. This Tender notice was published on 05 Oct 2024 and is scheduled to close on 11 Nov 2024, with an estimated Tender value of GBP 800000. Interested bidders can access detailed Tender information, eligibility criteria, and complete bidding documents by referencing TOT Ref No. 108187179, while the tender notice number is DDaT24368 and Registering on the platform.
Procurement Summary
Country: United Kingdom
Summary: Ddat24368 - Loan Management System - Request for Proposal - Rfp
Deadline: 11 Nov 2024
Posting Date: 05 Oct 2024
Other Information
Notice Type: Tender
TOT Ref.No.: 108187179
Document Ref. No.: DDaT24368
Competition: ICB
Financier: Self Financed
Purchaser Ownership: Public
Tender Value: GBP 800000
CPV Classification
72000000 - IT services: consulting, software development, Internet and supportPurchaser's Detail
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Login to see detailsTender Details
The final date and time for the submission of bids is Monday 11th November 2024 at 11:00am
DO NOT apply directly to the buyer.
All tender information MUST be submitted through the Jaggaer eSourcing Portal.
Brief Description of Requirement
UKRI is seeking to procure an end to end loans software solution from application/origination, decisioning, loan management, servicing, monitoring and reporting to support the backend delivery of its Innovation Loans programme. The programme is expected to deliver 30-50 new loans/per year, supporting Innovative UK businesses.
The aim of procurement is to:
- Procure a cloud based solution that supports the end to end loan journey and process workflow (detailed in appendix 1)
- Procure the delivery of a reliable, responsive and flexible cloud based loan management system which has evidenced capability to run loans of the same or similar type to Innovation Loans and flexible product features.
- Ensure the provider has sufficient capability to train IUKL users on the system and be dedicated to the account for up to 3 months to ensure the team are comfortable using the system.
- Ensure sufficient technical resource is available to support the migration of 260 loans from current loan system to the new system and setup integrations to existing IUKL systems.
The Expectation is that the procurement contract is delivered and implemented by the 31st March 2025.
Please ensure you r...
Location Of Contract : United Kingdom
Industry : IT services: consulting, software development, Internet and support - 72000000
Value Of Contract : £250, 000 to £800, 000
Published Date : 4 October 2024
Closing Date : 11 November 2024
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