Lending Administration Solution

{
  "id": "010465-2022",
  "tag": [
    "planning"
  ],
  "date": "2022-04-22T12:25:19+01:00",
  "ocid": "ocds-h6vhtk-032f7f",
  "buyer": {
    "id": "GB-FTS-5089",
    "name": "UK SHARED BUSINESS SERVICES LIMITED"
  },
  "tender": {
    "id": "DDaT22231",
    "lots": [
      {
        "id": "1",
        "status": "planned",
        "description": "Innovate UK and UKRI are looking to hold a supplier engagement day in order to explore the best options available to it's loan's business/Innovate UK Loans Limited (IUKL).\nA loan system & administration solution is required whereby one supplier could potentially cover some or all of the below processes:-\n-\tA loan management system that is able to:\no\tPay a loan in quarterly installments (Drawdown)\no\tHandle different interest rates, interest holidays, deferred interest\no\tHandle drawdowns (installments) that do not happen on the same date each quarter and variable terms of contracts. \no\tProduce automated customer communications including statements of account, arrears letters etc.\no\tForecast interest & capital repayments based on actual and forecast drawdowns\no\tProduce automated reports for IUKL for different needs i.e. daily, weekly, quarterly and Adhoc\no\tA portal where a customer can check their loan balance, ask questions or make early repayments\no\tThe system must be API enabled to allow connection to IUKL's existing systems.\n-\tKnow Your Customer (KYC), Anti-Money Laundering (AML) capability to run checks on directors of UK based businesses, with some directors potentially being based outside of the UK. These checks should have little burden to the end customer (company director) but should be robust enough to comply with the highest level of diligence for this activity. \n-\tThis solution could potentially be cloud-based\n-\tA suitable level of security certification will be required i.e cyber essentials, ISO27001 - this will be determined at a later date\nThere is also some element of managed service/administration that will need to be provided and as part of the engagement session IUKL are keen to understand the options available to the business who would be able to provide some loan administration support, including customer onboarding, doing KYC/AML checks both at onboarding but also ongoing monitoring throughout the term of the loan, registering security documentation at companies house, processing payments, producing reports, handling customer queries and sending out customer communications and repayment statements.  \nAnother option to discuss on the supplier day is the possibility of working with a supplier who can support IUKL to take over the administration of the loans, supporting IUKL with training and the platform to use going forward.\nThe term for this contract is likely to be 3 years with a solution to be in place ideally by September 2022 however, a final decision on the contract length and structure will be made after the supplier day.  The estimated budget for this requirement is £150,000.00 per annum excluding VAT.\nThe date for this pre-market engagement day is Wednesday 11th May 2022 and this will be held via a scheduled Zoom session with the time to be decided nearer the day.  If you could please register your interest in attending by emailing our DDaT inbox at ddatprocurement@uksbs.co.uk by no later than 14:00pm on Friday 6th May 2022 detailing your organisations name and representatives of who will be attending on the day.  \nWhen emailing if you could please reference in the subject \"DDaT22231 - Supplier engagement day\".  Upon registration you will be sent through a zoom code for attending the day.  If you have any questions or queries regarding this supplier day or the requirement please could these be raised by Wednesday 4th May 2022."
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UKK14"
          }
        ],
        "additionalClassifications": [
          {
            "id": "48100000",
            "scheme": "CPV",
            "description": "Industry specific software package"
          },
          {
            "id": "48900000",
            "scheme": "CPV",
            "description": "Miscellaneous software package and computer systems"
          }
        ]
      }
    ],
    "title": "Lending Administration Solution",
    "status": "planned",
    "coveredBy": [
      "GPA"
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "A loan system & administration solution is required whereby one supplier could potentially cover some or all of the below processes:-\n-\tA loan management system that is able to:\no\tPay a loan in quarterly installments (Drawdown)\no\tHandle different interest rates, interest holidays, deferred interest\no\tHandle drawdowns (installments) that do not happen on the same date each quarter and variable terms of contracts. \no\tProduce automated customer communications including statements of account, arrears letters etc.\no\tForecast interest & capital repayments based on actual and forecast drawdowns\no\tProduce automated reports for IUKL for different needs i.e. daily, weekly, quarterly and Adhoc\no\tA portal where a customer can check their loan balance, ask questions or make early repayments\no\tThe system must be API enabled to allow connection to IUKL's existing systems.\n-\tKnow Your Customer (KYC), Anti-Money Laundering (AML) capability to run checks on directors of UK based businesses, with some directors potentially being based outside of the UK. These checks should have little burden to the end customer (company director) but should be robust enough to comply with the highest level of diligence for this activity. \n-\tThis solution could potentially be cloud-based\n-\tA suitable level of security certification will be required i.e cyber essentials, ISO27001 - this will be determined at a later date",
    "communication": {
      "futureNoticeDate": "2022-05-30T00:00:00+01:00"
    },
    "classification": {
      "id": "48000000",
      "scheme": "CPV",
      "description": "Software package and information systems"
    },
    "mainProcurementCategory": "goods"
  },
  "parties": [
    {
      "id": "GB-FTS-5089",
      "name": "UK SHARED BUSINESS SERVICES LIMITED",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKK14",
        "locality": "SWINDON",
        "postalCode": "SN21FF",
        "countryName": "United Kingdom",
        "streetAddress": "Polaris House,North Star Avenue"
      },
      "details": {
        "url": "http://www.uksbs.co.uk",
        "classifications": [
          {
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE",
            "description": "Body governed by public law"
          },
          {
            "scheme": "COFOG",
            "description": "Public Procurement"
          }
        ]
      },
      "identifier": {
        "legalName": "UK SHARED BUSINESS SERVICES LIMITED"
      },
      "contactPoint": {
        "name": "UKSBS DDaT",
        "email": "ddatprocurement@uksbs.co.uk"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}