Award

Tyche Software Licence & Hosting

POOL RE SERVICES LIMITED

This public procurement record has 1 release in its history.

Award

28 Apr 2025 at 11:44

Summary of the contracting process

The procurement process for the contract titled "Tyche Software Licence & Hosting" was initiated by Pool Re Services Limited, based in London, United Kingdom. This process falls under the industry category of software package and information systems. The contract was in the award stage as of 28th April 2025, with AON Global Operations SE being awarded the contract on 27th February 2025. The contract period begins on 29th April 2025 and ends on 30th April 2026. This procurement was conducted through a direct method, as Pool Re requires this specific supplier for the licensing and hosting of the Tyche platform, holding exclusive rights to the software, making it the best suited for support.

This tender offers business growth opportunities, particularly for those positioned as managed service providers in the software licensing and hosting domain. The contract, valued at £127,712.26, represents a substantial engagement that could be attractive to businesses large enough to support such infrastructure, given that the supplier, AON Global Operations SE, is a large-scale entity. However, this procurement method highlights the exclusivity and specific expertise required in handling the Tyche platform, indicating that similarly specialized businesses could have competing opportunities in future procurements within this sector.

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Notice Title

Tyche Software Licence & Hosting

Notice Description

AON/Tyche is required to act as Managed Service Provider for the actuarial department. All files are held on the Managed Servers which also provide the Tyche platform.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4d77a87c-a1b0-4263-8a81-115ed5cc4367
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4f96f162-3c8c-4b73-8b38-765be457f789
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Pool Re require this Supplier for licensing and hosting of this software to ensure that they continue to have access to a required software interface. The Supplier holds exclusive rights to the Tyche platform, and deemed the best supplier for support and
Tender Suitability
SME
Awardee Scale
Large

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
£127,712 £100K-£500K
Lots Value
Not specified
Awards Value
£127,712 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Apr 202510 months ago
Submission Deadline
1 Apr 2025Expired
Future Notice Date
Not specified
Award Date
27 Feb 202512 months ago
Contract Period
28 Apr 2025 - 30 Apr 2026 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
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

Supplier Information

Number of Suppliers
1
Supplier Name

AON GLOBAL OPERATIONS

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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