PS25037 - Appointment of Administrators for Innovate UK Loans

{
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    "id": "GB-PPON-PDQJ-7126-JDHG",
    "name": "UKRI"
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  "date": "2025-04-14T15:45:59+01:00",
  "id": "015046-2025",
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  "ocid": "ocds-h6vhtk-04eb4b",
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        "countryName": "United Kingdom",
        "locality": "Swindon",
        "postalCode": "SN2 1FL",
        "region": "UKK14",
        "streetAddress": "Polaris House"
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      "address": {
        "country": "GB",
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        "locality": "Swindon",
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        "region": "UKK14",
        "streetAddress": "Polaris House, North Star Avenue"
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        "email": "Professionalservices@uksbs.co.uk"
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      "id": "GB-PPON-PMPN-7535-GNTG",
      "identifier": {
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      "name": "UK Shared Business Services Limited",
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    "description": "The final date and time for the submission of bids is Thursday 22nd May 2025 at 11:00 hrs\nDO NOT apply directly to the buyer.\nAll tender information MUST be submitted through the Jaggaer eSourcing Portal.\nBrief Description of Requirement\nAt present the IUKL loan portfolio consists of around 260 businesses with an overall exposure of \u00a3219m. Due to the early-stage nature of the businesses in the portfolio the expectation is that a considerable number will not be successful in achieving their objectives and will ultimately be unable to repay their innovation loan as planned. If a company is in debt and cannot pay the money that it owes it will typically be placed into administration. To facilitate this process there will be an appointment of an administrator either by the directors, a creditor or the court to fulfil the administration process.\nTo date there have been 41 businesses in the IUKL portfolio that have entered administration, however in all bar one of these cases the administrator has been appointed by the company themselves when they have filed for administration. The exception to this was for a potential fraudulent case and the administrators were appointed from the previous panel that IUKL had. Whilst there is currently the provision for IUKL to appoint an administrator under the terms of the debenture noted above, there is not the necessary process in place for an administrator to be appointed directly by IUKL. Therefore, the current issue is logistical rather than not having the necessary rights.\nThis procurement is to address the requirement in some case for IUKL to appoint an administrator and to have an existing contract in place which can be utilised when required. The administrator should be licensed insolvency practitioners based within the UK. \nPlease 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. \nThis contract will be awarded based on the evaluation criteria as set out in the RFP document. \nHow to Apply\nUK Shared Business Services Ltd (UKSBS) will be using the Jaggaer eSourcing Portal for this procurement. \nTo register on the Jaggaer eSourcing portal please use the link https://beisgroup.ukp.app.jaggaer.com/ and follow the instructions to register as a supplier.\nIf you are already registered on the Jaggaer eSourcing Portal and wish to participate in this procurement, please use the link: https://beisgroup.ukp.app.jaggaer.com/.\nOnce you are logged into the system you will be able to locate the Procurement you wish to leave a bid on by clicking the ITTs Open to All Suppliers and searching for the reference number PS25037 and Jaggaer ITT reference number 2064.",
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        "documentType": "conflictOfInterest",
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      {
        "datePublished": "2025-04-14T15:45:59+01:00",
        "description": "Tender notice on Find a Tender",
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        "id": "015046-2025",
        "noticeType": "UK4",
        "url": "https://www.find-tender.service.gov.uk/Notice/015046-2025"
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    "enquiryPeriod": {
      "endDate": "2025-05-08T11:00:00+01:00"
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    "id": "PS25037",
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    "legalBasis": {
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          "maxExtentDate": "2028-06-30T23:59:59+01:00",
          "startDate": "2025-07-01T00:00:00+01:00"
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    ],
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    "procurementMethodDetails": "Open procedure",
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    "submissionMethodDetails": "DO NOT APPLY DIRECTLY TO BUYER\nAll submissions will be assessed in accordance with the Public Procurement Regulations that apply to this opportunity.\nResponses must be received by the date and time in the tender documentation; responses received outside of the deadline or not sent via the Jaggaer eSourcing portal will not be accepted or considered by the Contracting Authority further for this opportunity, unless a system outage is experienced, to which the Contracting Authority will advise upon accordingly. \nAll enquiries with respect to access to the eSourcing Portal and problems with functionality within the portal  must be submitted to eSourcing Portal Helpdesk, not the Contracting Authority contact for this procurement.  \nPhone 08000 698 632\nEmail customersupport@jaggaer.com\nPlease note; the eSourcing Portal is a free self-registration portal. Bidders can complete the online registration at the following link: https://beisgroup.ukp.app.jaggaer.com/\nBidders should read all attachments, messages and the response envelopes located within the eSourcing Portal carefully before completing the bid submission. Failure to comply with any of these instructions for completion and submission of the bid submission may result in the rejection and exclusion of the bid. Bidders are advised therefore to acquaint themselves fully with the extent and nature of the specification requirements and contractual obligations. These instructions constitute the Conditions of bidding. Participation in the process automatically signals that the Bidder accepts these Conditions as part of the bidding process.\nAll material issued in connection with this bidding process shall remain the property of the Contracting Authority and shall be used only for the purpose of this procurement. All Due Diligence Information shall be either returned to the Contracting Authority or securely destroyed by the Bidder (at the Contracting Authority\u2019s option) at the conclusion of the procurement. \nInterested organisations should ensure that they allow a sufficiency of time, prior to the deadline to allow all sections to be completed in full and any attachments to be uploaded.\nAs a user of the Jaggaer eSourcing Portal you will have access to the Jaggaer messaging service which facilitates all messages sent to you and from you, as well as other messages and updates in relation to any specific tender event. Please note that any and all information secured outside of the messaging service, shall have no Legal Standing, merit or worth and should not be relied upon by any organisation submitting a tender response. \nPlease note it is your organisations responsibility to access these messages on a regular basis to ensure you have sight of all relevant information applicable to this opportunity.\nThe Contracting Authority expressly reserves the right:\ni.\tnot to award any contract as a result of the procurement process commenced by publication of this notice; and\nii.\tto make whatever changes it may see fit to the content and structure of the procurement; and under no circumstances as part of your organisations participation in this opportunity, will the Contracting Authority be liable for any costs incurred by any organisation as a result. If the Contracting Authority decides to enter into a contract with any successful organisation(s), this does not mean that there is any guarantee of subsequent contracts being awarded. Any expenditure, work or effort undertaken prior to contract award is accordingly a matter solely for the commercial judgement of your organisation in doing so.\nAbout UK Shared Business Services \nUK Shared Business Services Ltd (UKSBS) brings a commercial attitude to the public sector; helping our contracting authorities to improve efficiency, generate savings and modernise.\nWhere UKSBS is not named as the Contracting Authority within the documentation, UKSBS will be acting as an agent on behalf of the Contracting Authority.\nOur 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.\nFor full details of our partner base please review the following link: https://www.uksbs.co.uk/clients/",
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      "endDate": "2025-05-22T11:00:00+01:00"
    },
    "title": "PS25037 - Appointment of Administrators for Innovate UK Loans",
    "value": {
      "amount": 200000.0,
      "amountGross": 240000.0,
      "currency": "GBP"
    }
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}