Award

Enhanced Due Diligence

UK INFRASTRUCTURE BANK LIMITED

This public procurement record has 6 releases in its history.

AwardUpdate

26 Apr 2024 at 12:27

AwardUpdate

07 Sep 2023 at 13:29

AwardUpdate

24 Aug 2023 at 13:12

AwardUpdate

23 Dec 2022 at 09:47

AwardUpdate

31 Oct 2022 at 15:44

Award

06 Oct 2022 at 09:46

Summary of the contracting process

The UK Infrastructure Bank Limited has completed a procurement process for the provision of an enhanced due diligence tool in the auditing services category. The contract value is £48,600 GBP, with a contract period starting on September 24, 2021, and ending on September 23, 2023. The procurement method used was selective, with a call-off from a framework agreement. The tender period ended on September 23, 2021.

This tender presents an opportunity for businesses, especially SMEs, interested in providing auditing services to the public sector. Suppliers like LexisNexis IA (UK) Ltd have successfully secured contracts in similar categories previously. Businesses well-versed in delivering due diligence solutions in the financial sector should consider pursuing such tenders to grow their market presence and revenue streams.

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Notice Title

Enhanced Due Diligence

Notice Description

Provision of an enhanced due diligence tool, plus 12 months extension.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2549dbe1-1e95-43a3-b352-e218edd206a4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/24cf712f-52e7-48bd-a84f-fed3c11057f0
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

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79212000 - Auditing services

Notice Value(s)

Tender Value
£76,800 Under £100K
Lots Value
Not specified
Awards Value
£76,800 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Apr 20241 years ago
Submission Deadline
22 Sep 2021Expired
Future Notice Date
Not specified
Award Date
22 Sep 20214 years ago
Contract Period
23 Sep 2021 - 23 Sep 2024 3-4 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
UK INFRASTRUCTURE BANK LIMITED
Additional Buyers

UK INFRASTRUCTURE BANK

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 4DW
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

LEXISNEXIS IA (UK

Further Information

Notice Documents

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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