Award

Aircraft valuation service subscription

DEPARTMENT FOR INTERNATIONAL TRADE

This public procurement record has 1 release in its history.

Award

03 Feb 2022 at 15:31

Summary of the contracting process

The Department for International Trade has completed a procurement process for an 'Aircraft valuation service subscription', aimed at providing an estimated aircraft asset value for potential repossession and sale by UKEF in case of a default. This procurement falls within the software and IT services industry category, specifically classified under CPV codes 48000000 and 72000000. The procurement method used was a single tender action, and the contract value is £18,492.68. The contract period started on 31st January 2022 and concludes on 31st January 2023, while the tender period ended on 13th January 2022.

This tender represents a growth opportunity for businesses specialising in IT services, particularly those offering software development, consulting, and data analysis related to aviation assets. Companies with expertise in aircraft valuations or those providing comprehensive IT solutions tailored for the aviation industry would be particularly well-suited to compete in such tenders. Overall, the procurement process invites skilled suppliers to contribute to the strategic asset management of the UK government.

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Notice Title

Aircraft valuation service subscription

Notice Description

This service provides UKEF with an estimated aircraft asset value should they repossess and sell an asset on the market in the event of an obligor's default.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-10614388-4e5c-4eeb-bd76-0bc61f57c231
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4d067baa-2c1f-4eb0-8e7c-cd3e0f591f90
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

72 - IT services: consulting, software development, Internet and support


CPV Codes

48000000 - Software package and information systems

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£18,492 Under £100K
Lots Value
Not specified
Awards Value
£18,492 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Feb 20224 years ago
Submission Deadline
13 Jan 2022Expired
Future Notice Date
Not specified
Award Date
13 Jan 20224 years ago
Contract Period
31 Jan 2022 - 31 Jan 2023 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
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
TLI London

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

CIRUM

Open Contracting Data Standard (OCDS)

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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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