Award

ClimateMAPS Delivery Agreement

GOVERNMENT ACTUARY DEPARTMENT

This public procurement record has 1 release in its history.

Award

14 Oct 2024 at 13:05

Award Notice
Summary of the contracting process

The Government Actuary Department (GAD) has completed the procurement process for the “ClimateMAPS Delivery Agreement” in the industry category of Financial Analysis Software Package. The contract, valued at £80,000, has been directly awarded to ORTEC FINANCE LIMITED. The delivery location for this project is the United Kingdom. The procurement was initiated to secure a proprietary set of the Ortec Finance Climate Scenarios (OFCS), involving both quantitative impacts and qualitative narratives. The contractual period for this project spans from 13 March 2024 to 12 March 2025, with the award officially dated 1 March 2024. The procurement stage for this tender is classified as 'award,' with key dates noted for both the tender period ending on 1 March 2024 and the award publication on 14 October 2024.

This tender provides significant opportunities for businesses, especially those involved in financial analysis, software development, and climate scenario modelling. Small and Medium Enterprises (SMEs) and Voluntary, Community and Social Enterprises (VCSEs) are particularly suited to participate in such government contracts. Winning a contract with a high-profile governmental entity like the GAD can foster business growth, enhance reputational standing, and facilitate entry into further procurement opportunities within the technology and financial sectors. The direct award procurement method indicates a swift selection process, presenting an immediate profitability potential for the awarded firm.

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Notice Information

Notice Title

ClimateMAPS Delivery Agreement

Notice Description

ClimateMAPS provides a proprietary set of the Ortec Finance Climate Scenarios (OFCS), quantitative impacts and qualitative narratives.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2e0fc0ff-bfc1-4820-8fa6-a882c5232f58
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7d27bee1-e04b-469a-a9b2-eaad9c63cc7b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Direct Award
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48441000 - Financial analysis software package

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
14 Oct 20241 years ago
Submission Deadline
1 Mar 2024Expired
Future Notice Date
Not specified
Award Date
1 Mar 20241 years ago
Contract Period
13 Mar 2024 - 12 Mar 2025 6-12 months
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
GOVERNMENT ACTUARY DEPARTMENT
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
E14 4PU
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

ORTEC FINANCE

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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