Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
UK EXPORT FINANCE
1 Horse Guards Road
LONDON
SW1A2HQ
UK
Contact person: Carl Jarvis
E-mail: COMMERCIAL@ukexportfinance.gov.uk
NUTS: UKI32
Internet address(es)
Main address: www.ukexportfinance.gov.uk
I.4) Type of the contracting authority
Ministry or any other national or federal authority, including their regional or local subdivisions
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
ACBS Commercial Loan Servicing
Reference number: UKEFC2882
II.1.2) Main CPV code
72000000
II.1.3) Type of contract
Services
II.1.4) Short description
Banking software required to manage UKEF loans and other financial facilities.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
3 512 385.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
48000000
II.2.3) Place of performance
NUTS code:
UKI
II.2.4) Description of the procurement
Banking software required to manage UKEF loans and other financial facilities.
II.2.5) Award criteria
Price
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Award of a contract without prior publication of a call for competition
Justification for selected award procedure:
The works, supplies or services can be provided only by a particular economic operator for the following reason: absence of competition for technical reasons
Explanation
FIS are the incumbent supplier of the UKEF Loan Servicing application - this is a highly customised version of FIS' Advanced Computer Banking System (ACBS). UKEF is building a replacement for this Software in-house. The software is integral to the UKEF operation and it is essential that there is a safe transition from ACBS into the replacement product. This direct award enables this transition.
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
Section V: Award of contract
Contract No: UKEFC2882
Title: ACBS Commercial Loan Servicing
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
20/12/2024
V.2.2) Information about tenders
Number of tenders received: 1
Number of tenders received by electronic means: 1
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
FIS Capital Markets US LLC
347 Riverside Avenue
Jacksonville
32202
US
NUTS: US
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 3 512 385.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
Public Procurement Review Service
London
UK
VI.5) Date of dispatch of this notice
17/01/2025