Award

UKEF Treasury Management System

DEPARTMENT FOR INTERNATIONAL TRADE

This public procurement record has 2 releases in its history.

AwardUpdate

26 Jul 2019 at 13:32

Award Notice
Award

19 Jul 2019 at 13:26

Award Notice
Summary of the contracting process

The procurement process for the "UKEF Treasury Management System" was initiated by the Department for International Trade, located in London, England. This project, classified under the category of financial analysis and accounting software, involved a direct procurement method through a single tender action. The contract, valued at £96,000, was awarded to Comparex UK Limited on 15th April 2019, with the contract period spanning from 16th April 2019 to 15th April 2020. The tender period concluded on 15th April 2019.

This contract presents significant opportunities for businesses specialising in financial software solutions and treasury management systems. Companies that offer similar services or have expertise in cash management, risk analysis, and derivative management may find this contract particularly relevant for expansion. The awarded tender underlines the importance of compliance with accounting requirements, which could lead to future projects for organisations focused on financial technology and consulting services within the public sector.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

UKEF Treasury Management System

Notice Description

UKEF require Comparex UK Limited to provide Reval treasury management software for the purposes of cash management, derivative management, risk analysis, hedge accounting and reporting. This provides visibility into cash positions and exposures, meet the accounting requirements, end of year UKEF Annual Accounts and HMT reporting requirements etc.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1d18f60d-9a6d-4fae-86b6-385f935fed5a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/719f8092-f23b-40e0-8ddb-ec8f202d8965
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

CPV Codes

48440000 - Financial analysis and accounting software package

Notice Value(s)

Tender Value
£96,000 Under £100K
Lots Value
Not specified
Awards Value
£96,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jul 20196 years ago
Submission Deadline
15 Apr 2019Expired
Future Notice Date
Not specified
Award Date
14 Apr 20196 years ago
Contract Period
15 Apr 2019 - 15 Apr 2020 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 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 2AH
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

COMPAREX

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-1d18f60d-9a6d-4fae-86b6-385f935fed5a-2019-07-26T14:32:21+01:00",
    "date": "2019-07-26T14:32:21+01:00",
    "ocid": "ocds-b5fd17-1d18f60d-9a6d-4fae-86b6-385f935fed5a",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "DN418619",
        "title": "UKEF Treasury Management System",
        "description": "UKEF require Comparex UK Limited to provide Reval treasury management software for the purposes of cash management, derivative management, risk analysis, hedge accounting and reporting. This provides visibility into cash positions and exposures, meet the accounting requirements, end of year UKEF Annual Accounts and HMT reporting requirements etc.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "48440000",
            "description": "Financial analysis and accounting software package"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    },
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 96000,
            "currency": "GBP"
        },
        "procurementMethod": "direct",
        "procurementMethodDetails": "Single tender action (below threshold)",
        "tenderPeriod": {
            "endDate": "2019-04-15T23:59:59+01:00"
        },
        "contractPeriod": {
            "startDate": "2019-04-16T00:00:00+01:00",
            "endDate": "2020-04-15T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/fkUb93zH",
            "name": "DEPARTMENT FOR INTERNATIONAL TRADE",
            "identifier": {
                "legalName": "DEPARTMENT FOR INTERNATIONAL TRADE",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/fkUb93zH"
            },
            "address": {
                "streetAddress": "50 Victoria Street",
                "locality": "LONDON",
                "postalCode": "SW1A2AH",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Alistair Goldspink",
                "email": "Alistair.Goldspink@trade.gov.uk",
                "telephone": "+447919698313"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-02973781",
            "name": "COMPAREX UK LIMITED",
            "identifier": {
                "legalName": "COMPAREX UK LIMITED",
                "scheme": "GB-COH",
                "id": "02973781"
            },
            "address": {
                "streetAddress": "Onesixsix 166 College Road HARROW MIDDLESEX HA1 1BH GB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/fkUb93zH",
        "name": "DEPARTMENT FOR INTERNATIONAL TRADE"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-1d18f60d-9a6d-4fae-86b6-385f935fed5a-1",
            "status": "active",
            "date": "2019-04-15T00:00:00+01:00",
            "datePublished": "2019-07-26T14:32:21+01:00",
            "value": {
                "amount": 96000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-02973781",
                    "name": "COMPAREX UK LIMITED"
                }
            ],
            "contractPeriod": {
                "startDate": "2019-04-16T00:00:00+01:00",
                "endDate": "2020-04-15T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/719f8092-f23b-40e0-8ddb-ec8f202d8965",
                    "datePublished": "2019-07-26T14:32:21+01:00",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "documentType": "tenderNotice",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/4d634329-0341-4d43-9047-f9d710cda8ca",
                    "format": "application/pdf"
                },
                {
                    "id": "3",
                    "documentType": "tenderNotice",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/18b8e4a5-192c-4c29-94a4-d3266773a673",
                    "format": "application/pdf"
                },
                {
                    "id": "4",
                    "documentType": "contractSigned",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/93dd89a7-f9e2-48c4-88b7-85e433dce8b9",
                    "format": "application/pdf"
                },
                {
                    "id": "5",
                    "documentType": "contractSigned",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/89ab5fb1-4460-4185-a4e5-e52cced1d307",
                    "format": "application/pdf"
                }
            ]
        }
    ]
}