Award

C0901 Sanctions-related due diligence in customers, counterparties, and supply chain

NATIONAL WEALTH FUND LIMITED

This public procurement record has 1 release in its history.

Award

13 Feb 2025 at 08:37

Summary of the contracting process

The NATIONAL WEALTH FUND LIMITED has conducted a procurement process titled "C0901 Sanctions-related due diligence in customers, counterparties, and supply chain" within the compliance software package industry category. The contract aims to provide risk assessment and compliance screening tools, running from 30th January 2025 to 11th September 2026, with an option to extend for one year. The procurement method used was a selective call-off from a framework agreement, with a total contract value ranging between £59,994 and £99,990 excluding VAT, and has been awarded to Moody's Analytics UK Limited.

This tender offers substantial opportunities for businesses specialising in compliance and risk assessment software to showcase their products and secure a well-reputed client. Companies that can provide reliable and effective compliance screening tools will find excellent growth potential through this contract. It specifically targets large-scale firms, as indicated by its suitability criteria, providing a significant avenue for established compliance software providers to expand their footprint in the UK market.

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Notice Title

C0901 Sanctions-related due diligence in customers, counterparties, and supply chain

Notice Description

Risk Assessment and Compliance Screening Tools The contract shall run from 31st January 2025 to 11th September 2026 with the option for a one year extension. The value of the contract will range between PS59,994 and PS99,990 excluding VAT depending on the execution of the available extension option.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-08011dce-54a0-4be3-8156-d73e8c9fe20d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/32d7ec6e-d27f-4ebf-9dda-b6986281fb54
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48170000 - Compliance software package

Notice Value(s)

Tender Value
£99,990 Under £100K
Lots Value
Not specified
Awards Value
£99,990 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Feb 20251 years ago
Submission Deadline
27 Jan 2025Expired
Future Notice Date
Not specified
Award Date
29 Jan 20251 years ago
Contract Period
30 Jan 2025 - 11 Sep 2026 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
NATIONAL WEALTH FUND LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 4HR
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

MOODY'S ANALYTICS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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