Contract award · 31 Aug 2020

UK Research and Innovation: Innovation Continuity Loans - Loans Administration Services

UK Shared Business Services Limited awarded “UK Research and Innovation: Innovation…” to The Enterprise Fund Limited t/a GC Business Finance for £744k.

No competitionFinancial & insurance servicesSouth West

Awarded without open competition

Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.

What “without competition” means

Key facts

Buyer
UK Shared Business Services Limited · Body governed by public law
Value
£744,011
Procedure
Single tender action (below threshold)
Sector
Financial & insurance services · Financial and insurance services (CPV 66000000)
Timeline
  1. Contract date31 Aug 2020
  2. Published10 Mar 2025Published 1652 days after the contract date

Description

*****This is not a call for competition***** Requirement was procured via a Single Tender Action to provide UK Research and Innovation the supply of Innovation Continuity Loans - Loan Administration Services

About the supplier

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