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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; …@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.
Additional information: DO NOT APPLY DIRECTLY TO BUYER
All submissions will be assessed in accordance with the Public Contracts Regulations 2015, for procurement values that exceed Regulation 5 (Threshold amounts)
Responses must be received by the date in the bid documents.
Responses received outside or concurrently using the eSourcing process will not be accepted or considered further for this opportunity.
How to Register on the CCS eSourcing Suite
Full details of this opportunity can be found on the e-sourcing portal please follow instructions below. If you have not yet registered on the eSourcing Suite, this can be done online at 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 …@crowncommercial.gov.uk.
Your email must clearly state:
⢠name and reference for the procurement you wish to register for;
⢠name of the registered Bidder;
⢠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: 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 to utilise Emptoris CCS eSourcing are available in the Contracts Finder Tender documents section.
About UK Shared Business Services
UK Shared Business Services Ltd (UK SBS) brings a commercial attitude to the public sector; helping our customers improve efficiency, generate savings and modernise.
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/cont
| Supplier | Identifier | Award Value | Cross-References |
|---|---|---|---|
| Moody's Analytics UK Limited | 03743494 | £125,000 | - |
Government spending data: This supplier has received £19,016,326 in 56 payments (over £25k) from HMRC, UK Export Finance, Department for Work and Pensions, DBT, DESNZ and 10 more public bodies (2010-10-18 to 2026-05-13). View full payment history →