Contract

ACBS Commercial Loan Servicing

  • UK EXPORT FINANCE

F03: Contract award notice

Notice identifier: 2025/S 000-001720

Procurement identifier (OCID): ocds-h6vhtk-04d445

Published 17 January 2025, 2:16pm



Section one: Contracting authority

one.1) Name and addresses

UK EXPORT FINANCE

1 Horse Guards Road

LONDON

SW1A2HQ

Contact

Carl Jarvis

Email

COMMERCIAL@ukexportfinance.gov.uk

Country

United Kingdom

Region code

UKI32 - Westminster

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

www.ukexportfinance.gov.uk

one.4) Type of the contracting authority

Ministry or any other national or federal authority

one.5) Main activity

Economic and financial affairs


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

ACBS Commercial Loan Servicing

Reference number

UKEFC2882

two.1.2) Main CPV code

  • 72000000 - IT services: consulting, software development, Internet and support

two.1.3) Type of contract

Services

two.1.4) Short description

Banking software required to manage UKEF loans and other financial facilities.

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £3,512,385

two.2) Description

two.2.2) Additional CPV code(s)

  • 48000000 - Software package and information systems

two.2.3) Place of performance

NUTS codes
  • UKI - London

two.2.4) Description of the procurement

Banking software required to manage UKEF loans and other financial facilities.

two.2.5) Award criteria

Price

two.2.11) Information about options

Options: No


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Award of a contract without prior publication of a call for competition in the cases listed below

  • The 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.

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes


Section five. Award of contract

Contract No

UKEFC2882

Title

ACBS Commercial Loan Servicing

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

20 December 2024

five.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

five.2.3) Name and address of the contractor

FIS Capital Markets US LLC

347 Riverside Avenue

Jacksonville

32202

Country

United States

NUTS code
  • US - United States
Justification for not providing organisation identifier

Not on any register

The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Total value of the contract/lot: £3,512,385


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

Public Procurement Review Service

London

Country

United Kingdom