Tender

Provision and Implementation of a Risk System

POOL RE SERVICES LIMITED

This public procurement record has 2 releases in its history.

TenderAmendment

11 Jun 2024 at 10:59

Tender

10 Jun 2024 at 08:31

Summary of the contracting process

Pool Re Services Limited is looking for a provider to implement a Risk System that supports risk assessment, management, and reporting across the organization. This opportunity falls under the category of software package and information systems, with a contract value of GBP 280,000. The procurement method is selective, using a restricted procedure above the threshold. The tender deadline is on July 10, 2024, and the contract period is scheduled from October 14, 2024, to October 13, 2027 in London, United Kingdom.

This tender for the provision and implementation of a Risk System by Pool Re Services Limited presents an opportunity for businesses operating in the services sector, specifically those offering software solutions and risk management services. Small and medium-sized enterprises (SMEs) are particularly suited to compete for this contract. As a selective procurement process, businesses capable of meeting the specific requirements outlined in the tender documents are encouraged to participate and expand their presence in risk management services sector.

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Notice Title

Provision and Implementation of a Risk System

Notice Description

Pool Re wishes to competitively tender for the provision and implementation of a Risk System. The system must support the assessment , management and reporting of Risks, Risk Indicators, Controls, Risk Events and Actions across the business. Pool Re implemented the Magique Risk system in January 2019. We are looking to fully integrate the system across the key aspects of Pool Re's Risk Management Framework and potentially expanding the reach of the system across other areas of the business. The system is used by Compliance, Risk, Internal Audit and all the business areas. The procurement documents are available for unrestricted and full direct access, free of charge, at https://poolre.ukp.app.jaggaer.com/esop/ogc-host/public/poolre/web/login.jst

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-49e6de86-a339-4858-a0a4-ac1d616a53d6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/57220ec2-ff97-4a43-aed4-16084165b3ae
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£280,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Jun 20241 years ago
Submission Deadline
10 Jul 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
13 Oct 2024 - 13 Oct 2027 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
POOL RE SERVICES 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
LONDON
Postcode
EC4R 9AF
Post Town
Central 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
City of London
Electoral Ward
Candlewick
Westminster Constituency
Cities of London and Westminster

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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