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In deliveryUnited KingdomServices£200,000Add to pipeline

PS25037 - Appointment of Administrators for Innovate UK Loans

Awarded to Menzies LLP

UKRI(buyer)

Published
Published 11 March 2025
Deadline
Closed 22 May 2025

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Overview

UKRI appointed Menzies LLP on 10 August 2025 to provide administration services for the Innovate UK Loans portfolio, which comprises approximately 260 businesses with a £219 million exposure. The contract, valued at £200,000, requires the administrator to be a licensed insolvency practitioner based in the UK and to manage the administration process for companies in the portfolio that are unable to repay their innovation loans.

Contracting authority

  • UKRIBuyer

    8 live opportunities · 2,218 awarded contracts

    Swindon, United Kingdom

    GB-PPON: PDQJ-7126-JDHG

  • UK Shared Business Services Ltd

    Procuring entity

    Swindon, United Kingdom

    GB-PPON: PMPN-7535-GNTG

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Key details

Country
United Kingdom
Status
In delivery
Category
Services
Estimated value
£200,000
Procedure
Open
SME suitable
Yes
Published
11 March 2025
Questions by
8 May 2025
Deadline
Closed
Classification (CPV)
Legal services

Award outcome

Awarded value
£200,000
Award date
10 August 2025
Contract period
30 June 2025 → 30 June 2027
Winner
  • Menzies LLP

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Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    3 October 2025

  2. Contract

    11 August 2025

  3. Contract Notice

    14 April 2025

  4. Planning Update

    12 March 2025

  5. Prior Information Notice

    11 March 2025

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