Award

Project- 4392 Provision of Financial Background Checking Tool

DEPARTMENT FOR BUSINESS AND TRADE

This public procurement record has 2 releases in its history.

AwardUpdate

26 Sep 2025 at 13:11

Award Notice
Award

25 Nov 2024 at 17:31

Award Notice
Summary of the contracting process

The Department for Business and Trade (DBT) has concluded a procurement process for "Project- 4392 Provision of Financial Background Checking Tool." This contract involves the provision of three licences for D&B's global company data tool, Risk Analytics, by Dun&Bradstreet Ltd, enabling the DBT to perform assurance checks on potential investing companies. The procurement was executed through a selective method, specifically a call-off from a framework agreement, and falls under the industry category of database software packages. The delivery locations include the United Kingdom and other global regions, with the contract period running from 25th October 2024 to 23rd October 2026. The total contract value is £88,600 and the procurement status is complete, having been most recently updated on 26th September 2025.

This tender presents substantial opportunities for businesses in the software and data analytics sector, particularly those specialising in risk management and financial analysis tools. Small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) may find potential in collaborating or becoming subcontractors. Given the exclusive nature of the call-off agreement under a pre-determined framework, businesses already included in these frameworks may enhance their portfolio and expand their reach to public sector clients, potentially leading to further opportunities within the governmental market space.

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Notice Information

Notice Title

Project- 4392 Provision of Financial Background Checking Tool

Notice Description

A contract for three (3) separate licences to access D&B's global company data tool, Risk Analytics, which will allow the Department of Business and Trade ("DBT") to conduct assurance checks on potential investing companies. The contract has been extended by 12 moths, now expiring 23/10/2026. The 12 month extension is only for 1 (one) license.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0c142aad-6aaf-4c8f-a679-d9bc3d3725a0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/66163fbb-abbd-47eb-b269-4a9aab4506b0
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
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48611000 - Database software package

Notice Value(s)

Tender Value
£88,600 Under £100K
Lots Value
Not specified
Awards Value
£88,600 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Sep 20255 months ago
Submission Deadline
24 Oct 2024Expired
Future Notice Date
Not specified
Award Date
16 Sep 20241 years ago
Contract Period
24 Oct 2024 - 23 Oct 2026 1-2 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR BUSINESS AND TRADE
Additional Buyers

DEPARTMENT FOR INTERNATIONAL TRADE

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 2DY
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

DUN&BRADSTREET

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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