Award

Recorded Future Intelligence Renewal

STUDENT LOANS COMPANY LIMITED

This public procurement record has 1 release in its history.

Award

07 Nov 2024 at 09:25

Award Notice
Summary of the contracting process

The Student Loans Company Limited, headquartered in Glasgow, has completed the procurement process for the renewal of their "Recorded Future Intelligence" platform. This contract, classified under IT services (CPV code: 72000000), involves extending the licence for threat intelligence and vulnerability management until October 2025. The procurement stage is now at the Award stage, having started the contract on 1st November 2024, with a completion date set for 31st October 2025. The procurement utilised a selective method, specifically a call-off from a framework agreement, with an award value of £313,415. The process was managed by Kenneth McKay from the Student Loans Company, located at 10 Clyde Place, Glasgow, G5 8DF.

This tender provides lucrative opportunities, especially for SMEs, which are encouraged to compete in such IT service contracts. Businesses specialising in cybersecurity solutions, IT consulting, and proactive intelligence gathering stand to benefit substantially from participating in similar tenders. With the Student Loans Company’s focus on safeguarding against cyber threats, vendors like Softcat PLC, an SME based in Buckinghamshire, exhibit the kind of strategic partnership that balances expertise and innovative threat mitigation solutions. This ensures ongoing business growth and the subsequent scaling of provided services, making it a significant prospect for companies aiming to expand within the IT security domain.

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Notice Information

Notice Title

Recorded Future Intelligence Renewal

Notice Description

Recorded Future is the platform that is currently utilised to provide threat intelligence data and vulnerability management to the Security department. The current licence for recorded future is due to expire in October 2024 and we would like to extend the licence for a further 12 months until October 2025. This platform provides functionality for multiple teams and enables them to report on threat data as well as use it for proactive intelligence gathering. This then enables the SLC to be best protected as we are informed and educated on current threats, giving us the opportunity to be proactive and defend against a wide variety to cyber security adversaries.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3197fff7-1540-4262-abb4-1546d2f1f135
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/217caf04-0a20-4c80-8e3a-8d7f9b052080
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

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
£313,455 £100K-£500K
Lots Value
Not specified
Awards Value
£313,415 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Nov 20241 years ago
Submission Deadline
21 Oct 2024Expired
Future Notice Date
Not specified
Award Date
24 Oct 20241 years ago
Contract Period
1 Nov 2024 - 31 Oct 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
STUDENT LOANS COMPANY LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G5 8DF
Post Town
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
Not specified
Local Authority
Glasgow City
Electoral Ward
Govan
Westminster Constituency
Glasgow South West

Supplier Information

Number of Suppliers
1
Supplier Name

SOFTCAT

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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