Award

Company Credit Reporting with enhanced Financial Crime Screening

NS&I

This public procurement record has 1 release in its history.

Award

19 Oct 2022 at 14:32

Award Notice
Summary of the contracting process

The National Savings and Investments (NS&I) has recently awarded a contract for "Company Credit Reporting with enhanced Financial Crime Screening" to Dun and Bradstreet. The procurement method used was selective, calling off from a framework agreement. The contract period runs from October 31, 2022, to October 30, 2024. The tender had an end date of September 20, 2022. NS&I is located in London, United Kingdom, with the postal code SW1P 3BT. The industry category is "Financial information systems." The award was made on October 18, 2022.

This procurement opportunity could be of interest to businesses specializing in financial information systems and compliance solutions. Companies with expertise in credit reporting, financial crime screening, and compliance data analytics may find this tender particularly suited for their services. With a contract period spanning two years, the procurement process presents a chance for vendors to establish long-term relationships with NS&I and contribute to enhancing their financial monitoring and compliance capabilities.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Company Credit Reporting with enhanced Financial Crime Screening

Notice Description

* The standard D&B Credit platform currently used by NS&I, allowing reports on up to 4,999 companies p/a (the core service as still required); * 100 additional non-UK searches p/a enabling easier monitoring of non-UK suppliers including non-UK parent companies of UK entities; * The addition of the D&B IndueD module, operated in collaboration with Dow Jones. This module automatically screens companies and company directors against UK and international PEP and Sanctions lists and provides additional compliance data analytics from Dow Jones.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-45b01c08-42f8-4892-8a6c-06c46e1728bd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bb9a1be9-9dda-4e3c-bb62-417f5617637e
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48812000 - Financial information systems

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£30,451 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Oct 20223 years ago
Submission Deadline
20 Sep 2022Expired
Future Notice Date
Not specified
Award Date
17 Oct 20223 years ago
Contract Period
31 Oct 2022 - 30 Oct 2024 2-3 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
NS&I
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
SW1V 2QX
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
Pimlico North
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

DUN AND BRADSTREET

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-45b01c08-42f8-4892-8a6c-06c46e1728bd-2022-10-19T15:32:31+01:00",
    "date": "2022-10-19T15:32:31+01:00",
    "ocid": "ocds-b5fd17-45b01c08-42f8-4892-8a6c-06c46e1728bd",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "22-F-16-59",
        "title": "Company Credit Reporting with enhanced Financial Crime Screening",
        "description": "* The standard D&B Credit platform currently used by NS&I, allowing reports on up to 4,999 companies p/a (the core service as still required); * 100 additional non-UK searches p/a enabling easier monitoring of non-UK suppliers including non-UK parent companies of UK entities; * The addition of the D&B IndueD module, operated in collaboration with Dow Jones. This module automatically screens companies and company directors against UK and international PEP and Sanctions lists and provides additional compliance data analytics from Dow Jones.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "48812000",
            "description": "Financial information systems"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "SW1P 3BT"
                    },
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2022-09-20T11:17:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2022-10-31T00:00:00Z",
            "endDate": "2024-10-30T23:59:59Z"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-193016",
            "name": "NS&I",
            "identifier": {
                "legalName": "NS&I"
            },
            "address": {
                "streetAddress": "1 Drummond Gate, Pimlico",
                "locality": "London",
                "postalCode": "SW1V 2QX",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Emma Wood",
                "email": "emma.wood@nsandi.com"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-00160043",
            "name": "Dun and Bradstreet",
            "identifier": {
                "legalName": "Dun and Bradstreet",
                "scheme": "GB-COH",
                "id": "00160043"
            },
            "address": {
                "streetAddress": "The Point, 37 North Wharf Road, LONDON, W2 1AF, GB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-193016",
        "name": "NS&I"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-45b01c08-42f8-4892-8a6c-06c46e1728bd-1",
            "status": "active",
            "date": "2022-10-18T00:00:00+01:00",
            "datePublished": "2022-10-19T15:32:31+01:00",
            "value": {
                "amount": 30451.2,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-00160043",
                    "name": "Dun and Bradstreet"
                }
            ],
            "contractPeriod": {
                "startDate": "2022-10-31T00:00:00Z",
                "endDate": "2024-10-30T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/bb9a1be9-9dda-4e3c-bb62-417f5617637e",
                    "datePublished": "2022-10-19T15:32:31+01:00",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "documentType": "tenderNotice",
                    "description": "Click above to Apply (link to e-procurement portal)",
                    "url": "https://app.panacea-software.com/nsandi/"
                }
            ]
        }
    ]
}