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tenderUpdateFind a Tender · tender Update

UKEF Loan Servicing Requirements

Buyer: UK EXPORT FINANCE →

BuyerUK EXPORT FINANCE
StatustenderUpdate
DeadlineNot published
ValueValue not published
Published13 Sept 2023

What is being bought

ACTION REQUIRED, PLEASE READ. UKEF is conducting a review of its system requirements for its loan servicing process. For UKEF, loan servicing encompasses the point that a deal is signed and reportable until the stage where UKEF is no longer exposed to any risk of claim or loss. Our focus is on servicing only and, whilst we recognise some systems will offer loan origination and/or credit approval as part of the overall package, we will only assess these systems for their servicing capability. We intend to run two market engagement events on Thursday 21st of September 2023 over Microsoft Teams. These events will contain identical information and are intended to offer a choice of times. The slots available are at 09:30-11:00 and 13:30-15:00. To register your interest in a slot, please contact Commercial@ukexportfinance.gov.uk stating your company name, the name of the attendee(s) from your organisation along with their e-mail addresses. Further information on the type of requirement will be made available to interested parties when contacting the Authority for a time slot.

Categories

Financial systems software development services 72212442

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 72. The category anchor is Financial systems software development services (72212442); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 7210,5392 median · 15.4 average (4,163 of 10,539 with a bid count)2 average (5,055 of 10,539 with named award suppliers)Not published
Same buyer11 median · 1 average (1 of 1 with a bid count)1 average (1 of 1 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-03fc16
Latest release ID027023-2023
Latest release timestampWed Sep 13 2023 08:37:43 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statusNot published
Procurement methodNot published
Procurement method detailsNot published
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source0
Tender items in source0
Tender documents in source0
Awards in latest release0
Contracts in latest release0
Parties in latest release1

Notice history

DateEventReference
13 Sept 2023tenderUpdate027023-2023
12 Sept 2023planning026962-2023

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
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  "id": "027023-2023",
  "tag": [
    "tenderUpdate"
  ],
  "date": "2023-09-13T09:37:43+01:00",
  "ocid": "ocds-h6vhtk-03fc16",
  "buyer": {
    "id": "GB-FTS-92362",
    "name": "UK EXPORT FINANCE"
  },
  "tender": {
    "id": "ocds-h6vhtk-03fc16",
    "title": "UKEF Loan Servicing Requirements",
    "amendments": [
      {
        "id": "1",
        "unstructuredChanges": [
          {
            "where": {
              "section": "II.1.4."
            },
            "newValue": {
              "text": "II.1.4) Short description\nACTION REQUIRED, PLEASE READ.\nUKEF is conducting a review of its system requirements for its loan servicing process. For UKEF, loan servicing encompasses the point that a deal is signed and reportable until the stage where UKEF is no longer exposed to any risk of claim or loss.\nOur focus is on servicing only and, whilst we recognise some systems will offer loan origination and/or credit approval as part of the overall package, we will only assess these systems for their servicing capability.\nWe intend to run two market engagement events on Thursday 21st of September 2023 over Microsoft Teams. These events will contain identical information and are intended to offer a choice of times.\nThe slots available are at 09:30-11:00 and 13:30-15:00. To register your interest in a slot, please contact Commercial@ukexportfinance.gov.uk stating your company name, the name of the attendee(s) from your organisation along with their e-mail addresses.\nA document outlining UKEF's high level functional requirements will be issued to interested parties when contacting the Authority for a time slot."
            },
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              "text": "II.1.4) Short description\nACTION REQUIRED, PLEASE READ.\nUKEF is conducting a review of its system requirements for its loan servicing process. For UKEF, loan servicing encompasses the point that a deal is signed and reportable until the stage where UKEF is no longer exposed to any risk of claim or loss.\nOur focus is on servicing only and, whilst we recognise some systems will offer loan origination and/or credit approval as part of the overall package, we will only assess these systems for their servicing capability.\nWe intend to run two market engagement events on Thursday 21st of September 2023 over Microsoft Teams. These events will contain identical information and are intended to offer a choice of times.\nThe slots available are at 09:30-11:00 and 13:30-15:00. To register your interest in a slot, please contact Commercial@ukexportfinance.gov.uk stating your company name, the name of the attendee(s) from your organisation along with their e-mail addresses.\nFurther information on the type of requirement will be made available to interested parties when contacting the Authority for a time slot."
            }
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    ],
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      "id": "32014L0024",
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    "description": "ACTION REQUIRED, PLEASE READ.\nUKEF is conducting a review of its system requirements for its loan servicing process. For UKEF, loan servicing encompasses the point that a deal is signed and reportable until the stage where UKEF is no longer exposed to any risk of claim or loss. \nOur focus is on servicing only and, whilst we recognise some systems will offer loan origination and/or credit approval as part of the overall package, we will only assess these systems for their servicing capability. \nWe intend to run two market engagement events on Thursday 21st of September 2023 over Microsoft Teams. These events will contain identical information and are intended to offer a choice of times. \nThe slots available are at 09:30-11:00 and 13:30-15:00. To register your interest in a slot, please contact Commercial@ukexportfinance.gov.uk stating your company name, the name of the attendee(s) from your organisation along with their e-mail addresses. \nFurther information on the type of requirement will be made available to interested parties when contacting the Authority for a time slot.",
    "classification": {
      "id": "72212442",
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      "description": "Financial systems software development services"
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    "mainProcurementCategory": "services"
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  "parties": [
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      "id": "GB-FTS-92362",
      "name": "UK EXPORT FINANCE",
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        "countryName": "United Kingdom",
        "streetAddress": "1 Horse Guards Road"
      },
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        "url": "http://www.ukexportfinance.gov.uk"
      },
      "identifier": {
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        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "name": "Commercial",
        "email": "Commercial@ukexportfinance.gov.uk"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}
Complete JSON history (2 releases)
13 Sept 2023 · 027023-2023 · tenderUpdate
{
  "id": "027023-2023",
  "tag": [
    "tenderUpdate"
  ],
  "date": "2023-09-13T09:37:43+01:00",
  "ocid": "ocds-h6vhtk-03fc16",
  "buyer": {
    "id": "GB-FTS-92362",
    "name": "UK EXPORT FINANCE"
  },
  "tender": {
    "id": "ocds-h6vhtk-03fc16",
    "title": "UKEF Loan Servicing Requirements",
    "amendments": [
      {
        "id": "1",
        "unstructuredChanges": [
          {
            "where": {
              "section": "II.1.4."
            },
            "newValue": {
              "text": "II.1.4) Short description\nACTION REQUIRED, PLEASE READ.\nUKEF is conducting a review of its system requirements for its loan servicing process. For UKEF, loan servicing encompasses the point that a deal is signed and reportable until the stage where UKEF is no longer exposed to any risk of claim or loss.\nOur focus is on servicing only and, whilst we recognise some systems will offer loan origination and/or credit approval as part of the overall package, we will only assess these systems for their servicing capability.\nWe intend to run two market engagement events on Thursday 21st of September 2023 over Microsoft Teams. These events will contain identical information and are intended to offer a choice of times.\nThe slots available are at 09:30-11:00 and 13:30-15:00. To register your interest in a slot, please contact Commercial@ukexportfinance.gov.uk stating your company name, the name of the attendee(s) from your organisation along with their e-mail addresses.\nA document outlining UKEF's high level functional requirements will be issued to interested parties when contacting the Authority for a time slot."
            },
            "oldValue": {
              "text": "II.1.4) Short description\nACTION REQUIRED, PLEASE READ.\nUKEF is conducting a review of its system requirements for its loan servicing process. For UKEF, loan servicing encompasses the point that a deal is signed and reportable until the stage where UKEF is no longer exposed to any risk of claim or loss.\nOur focus is on servicing only and, whilst we recognise some systems will offer loan origination and/or credit approval as part of the overall package, we will only assess these systems for their servicing capability.\nWe intend to run two market engagement events on Thursday 21st of September 2023 over Microsoft Teams. These events will contain identical information and are intended to offer a choice of times.\nThe slots available are at 09:30-11:00 and 13:30-15:00. To register your interest in a slot, please contact Commercial@ukexportfinance.gov.uk stating your company name, the name of the attendee(s) from your organisation along with their e-mail addresses.\nFurther information on the type of requirement will be made available to interested parties when contacting the Authority for a time slot."
            }
          }
        ]
      }
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "ACTION REQUIRED, PLEASE READ.\nUKEF is conducting a review of its system requirements for its loan servicing process. For UKEF, loan servicing encompasses the point that a deal is signed and reportable until the stage where UKEF is no longer exposed to any risk of claim or loss. \nOur focus is on servicing only and, whilst we recognise some systems will offer loan origination and/or credit approval as part of the overall package, we will only assess these systems for their servicing capability. \nWe intend to run two market engagement events on Thursday 21st of September 2023 over Microsoft Teams. These events will contain identical information and are intended to offer a choice of times. \nThe slots available are at 09:30-11:00 and 13:30-15:00. To register your interest in a slot, please contact Commercial@ukexportfinance.gov.uk stating your company name, the name of the attendee(s) from your organisation along with their e-mail addresses. \nFurther information on the type of requirement will be made available to interested parties when contacting the Authority for a time slot.",
    "classification": {
      "id": "72212442",
      "scheme": "CPV",
      "description": "Financial systems software development services"
    },
    "mainProcurementCategory": "services"
  },
  "parties": [
    {
      "id": "GB-FTS-92362",
      "name": "UK EXPORT FINANCE",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI32",
        "locality": "LONDON",
        "postalCode": "SW1A2HQ",
        "countryName": "United Kingdom",
        "streetAddress": "1 Horse Guards Road"
      },
      "details": {
        "url": "http://www.ukexportfinance.gov.uk"
      },
      "identifier": {
        "legalName": "UK EXPORT FINANCE",
        "noIdentifierRationale": "notOnAnyRegister"
      },
      "contactPoint": {
        "name": "Commercial",
        "email": "Commercial@ukexportfinance.gov.uk"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}
12 Sept 2023 · 026962-2023 · planning
{
  "id": "026962-2023",
  "tag": [
    "planning"
  ],
  "date": "2023-09-12T14:28:38+01:00",
  "ocid": "ocds-h6vhtk-03fc16",
  "buyer": {
    "id": "GB-FTS-92362",
    "name": "UK EXPORT FINANCE"
  },
  "tender": {
    "id": "ocds-h6vhtk-03fc16",
    "lots": [
      {
        "id": "1",
        "status": "planned",
        "description": "A document detailing the scope of required services is available by contacting Commercial@ukexportfinance.gov.uk. Additional information: Some additional requirements to the currently agreed needs are covered in the outline scope document available at Commercial@ukexportfinance.gov.uk."
      }
    ],
    "items": [
      {
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        "deliveryAddresses": [
          {
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        "additionalClassifications": [
          {
            "id": "48812000",
            "scheme": "CPV",
            "description": "Financial information systems"
          }
        ]
      }
    ],
    "title": "UKEF Loan Servicing Requirements",
    "status": "planned",
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "description": "ACTION REQUIRED, PLEASE READ.\nUKEF is conducting a review of its system requirements for its loan servicing process. For UKEF, loan servicing encompasses the point that a deal is signed and reportable until the stage where UKEF is no longer exposed to any risk of claim or loss. \nOur focus is on servicing only and, whilst we recognise some systems will offer loan origination and/or credit approval as part of the overall package, we will only assess these systems for their servicing capability. \nWe intend to run two market engagement events on Thursday 21st of September 2023 over Microsoft Teams. These events will contain identical information and are intended to offer a choice of times. \nThe slots available are at 09:30-11:00 and 13:30-15:00. To register your interest in a slot, please contact Commercial@ukexportfinance.gov.uk stating your company name, the name of the attendee(s) from your organisation along with their e-mail addresses. \nFurther information on the type of requirement will be made available to interested parties when contacting the Authority for a time slot.",
    "communication": {
      "futureNoticeDate": "2024-05-31T00:00:00+01:00"
    },
    "classification": {
      "id": "72212442",
      "scheme": "CPV",
      "description": "Financial systems software development services"
    },
    "mainProcurementCategory": "services"
  },
  "parties": [
    {
      "id": "GB-FTS-92362",
      "name": "UK EXPORT FINANCE",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI32",
        "locality": "LONDON",
        "postalCode": "SW1A2HQ",
        "countryName": "United Kingdom",
        "streetAddress": "1 Horse Guards Road"
      },
      "details": {
        "url": "http://www.ukexportfinance.gov.uk",
        "classifications": [
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            "id": "MINISTRY",
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            "description": "Ministry or any other national or federal authority, including their regional or local subdivisions"
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            "id": "04",
            "scheme": "COFOG",
            "description": "Economic affairs"
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      },
      "identifier": {
        "legalName": "UK EXPORT FINANCE",
        "noIdentifierRationale": "notOnAnyRegister"
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        "email": "Commercial@ukexportfinance.gov.uk"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}