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Accelerating AI Adoption in Government Finance

HM Treasury

This public procurement record has 1 release in its history.

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25 Aug 2026 at 09:40

Award Notice
Summary of the contracting process

HM Treasury commissioned services to accelerate the adoption of artificial intelligence in the Government Finance Function. The work is intended to build understanding of practical AI use cases, automate tasks and improve efficiency across government finance activities. It falls within software development services and is delivered in London, including the area around HM Treasury’s Horse Guards Road offices. This is a professional services and technology requirement rather than a purchase of off-the-shelf goods or construction works. The buyer is HM Treasury, the UK government department responsible for managing public finances. The requirement is relevant to consultancies, technology firms and software development providers working at the intersection of artificial intelligence, process improvement and public-sector finance.

The procurement is complete and was awarded on 6 August 2026 to BearingPoint Ltd. It used a selective procedure as a call-off from a framework agreement. The tender submission deadline was 30 July 2026 at 23:59. The awarded value is £280,000 including the stated currency of GBP. The contract runs from 17 August 2026 to 16 August 2027. HM Treasury identified the opportunity as suitable for small and medium-sized enterprises and not reserved for voluntary, community or social enterprises. The award is active. There is one supplier and one requirement, with the procurement classified as services and the relevant service classification being software development. The recorded process provides no separate award weighting or scoring basis.

This award is useful market evidence for firms developing practical artificial intelligence applications for government finance. A credible future competitor would need to translate finance-function activities into viable AI use cases, explain those use cases clearly to government stakeholders, and turn them into software or related technical solutions. The requirement also points to demand for automation that produces demonstrable efficiency gains, rather than AI experimentation without an operational purpose. Relevant suppliers include software developers, AI consultancies and transformation teams able to combine technical delivery with an understanding of public-sector finance processes. Smaller firms were considered suitable, indicating that a focused SME with the necessary delivery capability could be relevant to comparable work through the same framework route.

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Notice Information

Notice Title

Accelerating AI Adoption in Government Finance

Notice Description

Contract support to accelerate and build understanding of AI use cases in the Government Finance Function to automate tasks and drive efficiency.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-14830cf9-7e62-473c-b530-d7c54c041520
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ed496d70-3c25-450f-bb95-ee17ebcec2a5
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
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72262000 - Software development services

Notice Value(s)

Tender Value
£280,000 £100K-£500K
Lots Value
Not specified
Awards Value
£280,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Aug 20262 days ago
Submission Deadline
30 Jul 2026Expired
Future Notice Date
Not specified
Award Date
6 Aug 20263 weeks ago
Contract Period
17 Aug 2026 - 16 Aug 2027 6-12 months
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
HM Treasury
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 2HQ
Postcode Area
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

BearingPoint

Further Information

Notice Documents

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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