PS23385 - Legal Services for Innovate UK Loans - RFP

UK SHARED BUSINESS SERVICES LIMITED

Published: Jan 6, 2026

Updated: Apr 29, 2026

Source: uk_contracts_finder

This tender has been awarded

Awarded to Mills & Reeve LLP — £500,000

Browse open Architecture & Engineering Services tenders in United Kingdom

About This Opportunity

United Kingdom contract award (architecture & engineering): PS23385 - Legal Services for Innovate UK Loans - RFP. By UK Shared Business Services Limited.

This is a consulting contract in the architecture and engineering sector. Located in United Kingdom, Europe, this opportunity is open to firms and consortiums, with an estimated budget of GBP 500,000.

Published through UK Contracts Finder, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for consulting in the architecture and engineering sector. Consulting assignments are typically evaluated with a strong emphasis on the technical proposal, including the methodology and qualifications of key experts. Shortlisted firms may be invited to submit financial proposals in a second stage. This contract has already been awarded. The information is published for transparency and market intelligence purposes.

Description

*Modification of the Contract*
Contract Variation PS23385 001 has extended the contract term from the 31st January 2025 to 31st January 2026 (the optional extension has been built into the contract).

The final date and time for the submission of bids is Tuesday 19th September 2023 at 11:00

DO NOT apply directly to the buyer.

All tender information MUST be submitted through the Jaggaer eSourcing Portal.

Brief Description of Requirement

Innovation loans aim to provide flexible and patient capital to support business growth through innovation. These loans are delivered through Innovate UK Loans Ltd (IUKL), a wholly owned subsidiary of UK Research and Innovation. The loans are awarded through open competition and are available to micro, small and medium-sized businesses and can be used to fund the costs of a research & development project. A lending decision is made based on the quality of the project as well as on the suitability of the applicant for a loan. Innovation loans align with the mission of Innovate UK to broaden the range of innovation finance support available to businesses, so they can access funding at all stages of innovation. The amount of funding available to a business is dependent on the agreed parameters of the innovation loan competition however, in the most recent competitions, loans of between £100,000 and £2,000,000 have been offered to successful applicants

IUKL portfolio is expanding year on year, we currently have over 200 companies on our portfolio. Due to the increase, there is the need to access specialist legal services to meet product demand. Research carried out shows on average within one year, it is estimated Innovate UK Loans may need to access legal services approximately 20+ times per year. In addition to accessing legal advice surrounding our portfolio, changes in the macro-economic climate have created the need to source legal guidance surrounding complex cases, in particular administration cases

Plea. CPV: Legal services (79100000). Procedure: Open procedure (above threshold). Suitable for SMEs

Data provenance

This notice is sourced from UK Contracts Finder and was originally published on January 6, 2026. Last refreshed 57 days ago. Reference: PS23385. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About UK SHARED BUSINESS SERVICES LIMITED

UK SHARED BUSINESS SERVICES LIMITED has issued 488 procurement notices on BidsFactory, including 0 currently open and 488 awarded contracts. Activity concentrates in Information & Communication Technology, Consulting, and Research & Innovation. All notices are published for United Kingdom. Notices are distributed via UK Contracts Finder. Most recent publication: June 17, 2026.

Frequently asked questions about this tender

How much was the contract awarded for?

Mills & Reeve LLP was awarded the contract for £500,000. The figure reflects the value disclosed by the contracting authority in the award notice.

Where will the contract be performed?

The contract is for delivery in United Kingdom. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit UK Contracts Finder to access the full notice, required documents, and submission instructions. Quote reference PS23385 when communicating with the contracting authority.

Is this tender still open?

No — the contract has already been awarded to Mills & Reeve LLP. The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by UK SHARED BUSINESS SERVICES LIMITED in United Kingdom. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Consulting contract in the Architecture & Engineering Services sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.