Loan Management System - Request for Proposal - RFP

UK SHARED BUSINESS SERVICES LIMITED · awarded 4 April 2025

£790k Award value £790,000
1 Supplier Recorded as a large business
7 Apr 2028 Runs until from 8 Apr 2025

Who

BuyerUK SHARED BUSINESS SERVICES LIMITED SWINDON
Supplier Singlify Ltd
Categoryservices
ClassificationIT services: consulting, software development, Internet and support CPV 72000000
Notice published7 May 2025

What it is for

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 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…

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