Award

- Selective Property Licensing

CAPITALESOURCING

This public procurement record has 1 release in its history.

Award

16 Aug 2024 at 15:54

Summary of the contracting process

The procurement process for the Selective Property Licensing project, managed by capitalEsourcing, focuses on end-to-end selective licensing consultancy within the industry category of license management software. This project, situated in London, was conducted through a direct procurement method classified as a single tender action (below threshold). The procurement stage is currently at the Award stage, having been completed, with Cadence Innova awarded the contract on 8th July 2024. Key dates include the contract period from 10th July 2024 to 9th July 2026. The tender value stands at £381,200 GBP.

This tender presents a significant opportunity for businesses specializing in licensing consultancy and software management, particularly SMEs, to provide their expertise to enhance property licensing procedures. With London as the project location, businesses with a strong footprint in the United Kingdom and the capacity to handle sizeable consultancy contracts will find this tender particularly advantageous. Although Cadence Innova has been awarded the contract, understanding the procurement dynamics can help similar businesses prepare for future opportunities in this lucrative sector.

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Notice Title

- Selective Property Licensing

Notice Description

End-to-end selective licensing consultancy

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2b02d2f5-c8e9-48bf-aef4-1ab3a85055fe
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/68b6e018-3712-4702-b4b5-f793a5f8af2a
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48218000 - License management software package

Notice Value(s)

Tender Value
£381,200 £100K-£500K
Lots Value
Not specified
Awards Value
£381,200 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Aug 20241 years ago
Submission Deadline
8 Jul 2024Expired
Future Notice Date
Not specified
Award Date
7 Jul 20241 years ago
Contract Period
9 Jul 2024 - 9 Jul 2026 1-2 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
CAPITALESOURCING
Contact Name
Not specified
Contact Email
mhpatel@westminster.gov.uk
Contact Phone
0

Buyer Location

Locality
LONDON
Postcode
SW1E 6QP
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

CADENCE INNOVA

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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