Award

Financial forensics software contract award

CROYDON COUNCIL

This public procurement record has 1 release in its history.

Award

08 Aug 2024 at 11:16

Award Notice
Summary of the contracting process

Croydon Council has awarded a contract for financial forensics software to Fiscal Technologies Ltd. This procurement, which falls under the IT services industry, involved a direct procurement method and was managed as a single tender action due to its below-threshold value of £80,000. The contract will cover services in the London and South East regions of the United Kingdom. Key dates include the conclusion of the tender period on 1st August 2024, and the contract commencement and end dates from 31st August 2024 to 30th August 2026. The procurement process is complete, transitioning from the tender to the award stage as of 8th August 2024.

This tender offers significant opportunities for growth in the IT services sector, particularly for SMEs, given the buyer's evident preference for small and medium-sized enterprises, as evidenced by their selection of Fiscal Technologies Ltd. Companies specialising in financial forensics software and other related IT services stand to benefit substantially, especially those capable of delivering high-quality, bespoke solutions that meet the evolving needs of local government entities like Croydon Council. This opportunity aligns well with businesses based in or serving the London and South East regions, providing a substantial market and collaborative potential with public sector clients.

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Notice Information

Notice Title

Financial forensics software contract award

Notice Description

Financial forensics software

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-18c2d0c8-8b02-4c87-a1b4-71343072d8a4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/00c14014-5f5e-442e-924a-12b6a45a5fbd
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
SME
Awardee Scale
SME

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
£80,000 Under £100K
Lots Value
Not specified
Awards Value
£80,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Aug 20241 years ago
Submission Deadline
1 Aug 2024Expired
Future Notice Date
Not specified
Award Date
7 Aug 20241 years ago
Contract Period
30 Aug 2024 - 30 Aug 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
CROYDON COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CROYDON
Postcode
CR0 1EA
Post Town
Croydon
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
TLI London, TLJ South East (England)
Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
1
Supplier Name

FISCAL TECHNOLOGIES

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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