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Supplier Risk Assessment and Financial Resilience Analysis

OFGEM

This public procurement record has 1 release in its history.

Award

13 Jul 2026 at 16:45

Award Notice
Summary of the contracting process

The procurement process for the contract titled "Supplier Risk Assessment and Financial Resilience Analysis" was conducted by Ofgem, based in London, England. This contract falls within the auditing services industry, involving software packages and information systems, and covers a range of locations including the United Kingdom and other territories. The process was executed through an open procedure with a procurement method classified as open. The tender process concluded on 1st January 2026, leading to an award phase, which began with the contract starting on 29th June 2026 and set to end on 28th June 2030. The contract was awarded to Moody's Analytics Uk Limited, with a total value of £224,337.60.

This tender presents a significant opportunity for businesses specializing in financial analysis and software systems, offering a stable, multi-year engagement with a respected national regulator, Ofgem. SMEs can particularly benefit as they are considered suitable for this procurement. Companies adept in providing reliable, standardized financial data, and those capable of innovating in standardising financial report structures, are well-positioned to compete for similar future opportunities that could enhance market presence and growth within the public sector.

How relevant is this notice?

Notice Information

Notice Title

Supplier Risk Assessment and Financial Resilience Analysis

Notice Description

Ofgem requires the ability to access a system that will provide reliable, standardised, financial statement data for all UK entities of interest, exported directly without manual transcription risks. Ofgem requires consistent structuring of Balance Sheet and Income Statement items to enable rapid identification and adjustment of exceptional entries, supporting accurate like for like performance comparison. The platform will also accelerate analysis of historical and ongoing financial performance, delivering immediate operational value.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-336740c9-f1ef-4e7a-87dd-526f2d7c7ab0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a0de7269-3ab4-47dd-aa8f-48e8291cdce4
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

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

CPV Codes

48000000 - Software package and information systems

79212000 - Auditing services

Notice Value(s)

Tender Value
£224,337 £100K-£500K
Lots Value
Not specified
Awards Value
£224,337 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Jul 20262 days ago
Submission Deadline
1 Jan 2026Expired
Future Notice Date
Not specified
Award Date
9 Jun 20261 months ago
Contract Period
28 Jun 2026 - 28 Jun 2030 4-5 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
OFGEM
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

MOODY'S ANALYTICS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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