ICS Credit Reporting Tool & Due Diligence Tool

ICS ON BEHALF OF DSIT AND DESNZ

There is 1 contract in this contracting process.

Summary of the contracting process

The procurement process for the "ICS Credit Reporting Tool & Due Diligence Tool" was conducted by ICS on behalf of the Department for Science, Innovation and Technology (DSIT) and the Department for Energy Security and Net Zero (DESNZ). This award pertains to the services industry, specifically a compliance software package, and was handled under a selective procurement method as a call-off from the G-Cloud 14 framework. The contract, valued at £25,790, covers multiple regions, including the British Overseas Territories, Channel Islands, and the United Kingdom, reflecting a broad operational scope. The procurement process reached the award stage with the contract period starting on 3rd April 2025 and concluding on 2nd April 2027.

This tender presents significant opportunities for large-scale businesses, particularly those offering specialised compliance software solutions. The involvement of established frameworks like G-Cloud 14 implies a streamlined procurement avenue suitable for companies able to meet framework requirements. While SMEs were considered suitable for this tender, it was ultimately awarded to Credit Safe, a large company, indicating strong competition among larger entities within the software solutions sector. Businesses focusing on due diligence tools and credit reporting tools, especially those seeking to extend their services across the aforementioned regions, would find involvement in similar tenders beneficial for growth and expansion.

This is an AI-generated summary 🚀

How useful is this summary?

Award

ICS Credit Reporting Tool & Due Diligence Tool

ICS ON BEHALF OF DSIT AND DESNZ

Contract Timeline

Publication Date

13th May 2025 13:13:01 PM
Contract Summary

***Please note this is an award notice, not a call for competition*** DESNZ had a requirement for the provision of a Credit Reporting Tool & Due Diligence Tool. This has been sourced via the G-Cloud 14 framework.
Contract Details

Open Contracting ID

ocds-b5fd17-4bcd419c-f491-4774-aaa2-18d363de5c19

Publication Source

Contracts Finder

Procurement Stage

Award

Procurement Method

Selective

Procurement Method Details

Call-off From A Framework Agreement

Procurement Category

Services

Tender Suitability

SME

Framework / DPS

Framework
Contract Classification

CPV Code(s)

48170000

CPV Division(s)

48 - Software package and information systems
Awarding Authority

ICS ON BEHALF OF DSIT AND DESNZ

Buyer Name

DDaT Procurement

Buyer Email

ddatprocurement@uksbs.co.uk

Buyer Phone

Buyer Address

Polaris House, North Star Avenue

Swindon

SN2 1FF

England
Awarded Supplier(s)

Supplier Name(s)

CREDIT SAFE

View contract on Contracts Finder

ICS Credit Reporting Tool & Due Diligence Tool

ICS ON BEHALF OF DSIT AND DESNZ

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority

Awarded Supplier(s)