PS25037 - Appointment of Administrators for Innovate UK Loans
What the buyer wrote
The final date and time for the submission of bids is Thursday 22nd May 2025 at 11:00 hrs DO NOT apply directly to the buyer. All tender information MUST be submitted through the Jaggaer eSourcing Portal. Brief Description of Requirement At present the IUKL loan portfolio consists of around 260 businesses with an overall exposure of £219m. 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 facilit…
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Awarded to
Details
- What the buyer calls it
- PS25037 - Appointment of Administrators for Innovate UK Loans
- How they are buying
- Advertised, open to anyoneAny supplier could bid without being invited first.
- Type
- services
- Work starts
- 31 Aug 2025
- Work ends
- 31 Aug 2027
- Where
- in the South West
- Kind of work
- Legal services, Research, evaluation and insight
Who the buyer named
The buyer published a contact address on this notice. Questions closed on 8 May 2025, 11:00 BST.