Award

Award of Commercial Credit Management

THE INSOLVENCY SERVICE

This public procurement record has 2 releases in its history.

AwardUpdate

03 Mar 2025 at 11:50

Award Notice
Award

27 Nov 2024 at 12:38

Award Notice
Summary of the contracting process

The Insolvency Service has completed the procurement process for the "Award of Commercial Credit Management" contract, classified under IT services: consulting, software development, Internet, and support (CPV code 72000000). The procurement was conducted via a selective method, specifically a call-off from a framework agreement. The contract, valued at £6,396 GBP, commenced on 30 September 2024 and will run until 29 September 2026. The service will be delivered to the postal code NG80 1ZZ. The tender period ended on 27 September 2024, and the award was published on 27 November 2024 with the contract being awarded to Experian (UK) Holdings 2006 Limited.

This tender offers significant business growth opportunities, especially for companies specialising in IT services, financial assessments, and risk management. The contract seeks continuous and on-demand provision of financial viability risk assessments and international reports, suitable for limited, non-limited, and sole trader suppliers via electronic methods. The procurement also highlights suitability for SMEs and VCSEs, suggesting it is accessible to a wide range of businesses looking to expand their reach and capabilities within the public sector. Businesses with expertise in delivering financial and risk assessment services can leverage this contract to showcase their reliability and build a strong relationship with the Insolvency Service.

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Notice Information

Notice Title

Award of Commercial Credit Management

Notice Description

A procurement for the provision of risk reports and alerts and monitoring on UK Businesses plus International reports on an Adhoc basis. We require a continuation of our current service delivery, for an on demand provision of information that supports off the shelf Financial Viability Risk Assessments (FVRA), for various supplier entities such as limited, non-limited and sole trader suppliers, via an electronic method.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1575f18a-340d-42d7-ad80-6e533a27ea55
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/057c151a-5bc9-4ca9-882b-ea43eff514ac
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

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

CPV Codes

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

Notice Value(s)

Tender Value
£6,396 Under £100K
Lots Value
Not specified
Awards Value
£6,396 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Mar 202511 months ago
Submission Deadline
27 Sep 2024Expired
Future Notice Date
Not specified
Award Date
24 Sep 20241 years ago
Contract Period
29 Sep 2024 - 29 Sep 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
THE INSOLVENCY SERVICE
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
SW1P 2HT
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

EXPERIAN (UK) HOLDINGS 2006

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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