Find a Tender
planned
Official procurement procedure
UK Infrastructure Bank's Banking Systems 2022
Financial analysis and accounting software development services
Financial information systems
Industry specific software package
+6 more
Published value
£10,000,000
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: UK Infrastructure Bank Limited: "UK Infrastructure Bank's Banking Systems 2022". Published status: planned. Published value: £10,000,000. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | UK Infrastructure Bank Limited | Scope & Categories | Not published | Submission Window | planned No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | £10,000,000 |
Bidder Intelligence · Authority Profile: UK Infrastructure Bank Limited
Market Analytics
Derived from OCDS awards & bid statistics
Published history for UK Infrastructure Bank Limited. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Competition Density
Not availableNo published reports
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate availablePayment Terms
Check noticePublished terms
Coverage: 0 active published awards; 0 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityUK Infrastructure Bank Limited | Procedure methodNot published | Procurement categoryNot published |
Statusplanned | Framework / DPSNot published | CompetitionNot published |
Above thresholdNot published | Legal basisNot published | Tender period startsNot published |
Clarification deadlineNot published | Electronic submissionNot published | Submission languagesNot published |
Published21 Mar 2022, 08:54 GMT | Last source update21 Mar 2022, 08:54 GMT | Recurring procurementNot published |
ClassificationFinancial analysis and accounting software development services, Financial information systems, Industry specific software package, Investment management software development services, Investment management software package, Software configuration services, Software consultancy services, Software implementation services, System implementation planning services | ||
Delivery area | ||
OCIDocds-h6vhtk-0323f7 | ||
What is being bought
The UK Infrastructure Bank ('UKIB') is the new, government-owned policy bank, focused on increasing infrastructure investment across the United Kingdom. UKIB will partner with the private sector and local government to finance a green industrial revolution and drive growth across the country. UKIB launched in interim form in June 2021 and requires a Banking System in order to be fully operational. The next step in sourcing that system consists of engaging with suppliers through this Prior Information Notice (PIN) for Early Market Engagement (EME)
What changed
From the official release history
- Published value updated to £10,000,000
21 Mar 2022, 08:54 GMT - Status changed to planned
21 Mar 2022, 08:54 GMT - Official notice release published
21 Mar 2022, 08:54 GMT - Buyer information updated
21 Mar 2022, 08:54 GMT
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedplannedPublished valueNot publishedUKIB is planning to procure a Banking System solution that could support UKIB’s end-to-end banking process across loan origination, portfolio management, risk and compliance, treasury, and finance, including but not limited to specialised banking systems, non-specialist platforms and managed services. UKIB intends to conduct Early Market Engagement (EME) with the market through this prior information notice (PIN) with a view to gaining a better understanding of the technological possibilities and developments within the Banking System space and the business structures that could support those Banking Systems. UKIB also wants to explore with suppliers what type of solution may be most suitable for UKIB’s overall requirements such as Software Licenses and Hosting; Life-time support including support of all set-ups, configuration, tailoring, proposed customisations, and integrations implemented to meet UKIB requirements; implementation, including design, build, testing, training, change management, data migration and integration; and ongoing upgrades. Early Market Engagement (EME) will be initially conducted by response to this PIN. UKIB will in the first instance issue an Early Market Engagement Briefing and Q&A for interested parties to complete. Respondents can indicate within the questionnaire if they are open to a follow up meeting. UKIB reserves the right to have a limited number of meetings with a reasonable sample of Suppliers (in the limited time available) in response to the answers to the Early Market Engagement Briefing and Q&A to make sure it has adequately assessed the market while not being unduly burdened administratively. Respondents should note that UKIB has appointed a third-party external adviser to assist with the EME (Early Market Engagement) exercise for Banking Systems, including conducting any follow-up meetings. Interested suppliers should respond ASAP to the email address set out at section I.1 above stating that they are interested in participating in the EME exercise. UKIB will then issue interested suppliers with Early Market Engagement Briefing and Q&A. Suppliers should submit their response no later than 15:00 pm (BST) 19th April 2022 to allow UKIB to carry out its market engagement in a timely fashion. Responses provided after this date may not be considered.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
21 Mar 2022, 08:54 GMT
Commercial outcome and competition
AwardsNo award published |
ContractsNo contract published |
Bid statisticsNo aggregate bid statistics published |
Buyer and organisations in this procedure
UK Infrastructure Bank Limited
Contracting authority GB-FTS-47309Documents (0)
Official links; attachments are not copied
No linked documents are published
Related procedures (0)
No related procedures published