Awarded contract

Review of Market-Equivalent Discount Rate methodology for Innovate UK Loans Ltd

Details

Value
£30,000
Duration
2 months
Topic
Research and development services and related consultancy services
Published
20 October 2026

Tender description

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded as a direct award - PS26254 - Review of Market-Equivalent Discount Rate methodology for Innovate UK Loans Ltd. Brief overview of the requirement being awarded. review of the methodology applied, ensuring compliance with accounting standards and recommendations to both address feedback from the NAO as well considering market practice and peer reporters. Report provided in good time for review and challenge in advance of IUKL Board and Audit Committee deadlines The recommendations enable a methodology that is sufficient for reporting periods subject to assessment.

Timeline

  1. Completed: Award published20 October 2026
    Current notice
  2. Completed: Award date20 October 2026
  3. Next: Contract expiry date31 December 2026in 2 months

About the buyer

UK Shared Business Services - UKSBS is a central government shared services provider whose procurement team runs procurements for public bodies such as UK Research & Innovation. Frameworks hosted by the service, such as one for laboratory consumables, are open to eligible public bodies. Advice on procurement routes and supplier performance sits with the same team. Suppliers to the shared service centre itself have mostly been appointed through Crown Commercial Service frameworks.

Over the past 5 years, most of UK Shared Business Services - UKSBS's contract awards have been in business services, software and information systems and research and development.

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