Award

Subscription Agreement

GOVERNMENT ACTUARY DEPARTMENT

This public procurement record has 1 release in its history.

Award

08 Feb 2022 at 14:39

Award Notice
Summary of the contracting process

The Government Actuary Department is seeking suppliers for a Subscription Agreement focused on providing financial and insurance services, specifically in banking, investment, insurance, and treasury sectors. The contract, valued at £106,000, has been awarded to Pendragon, with a contract period commencing on 1st January 2022 and concluding on 31st December 2023. The procurement was conducted through a direct method using a single tender action below the threshold. The procurement concluded with the award announcement on 2nd December 2021, and the contract is located in London, postal code E1 8QS.

This tender presents significant opportunities for businesses, particularly SMEs, in the financial services industry. Companies that can provide reliable subscription services and have expertise in internet-based financial solutions would be well-positioned to engage in similar future contracts. The ability to meet the specific requirements set forth by the Government Actuary Department and to provide accessible and secure services will be crucial for competition in this sector.

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Notice Information

Notice Title

Subscription Agreement

Notice Description

Supply of Service 2.1 Pendragon agrees to provide the Service to the Subscriber and the Subscriber agrees to subscribe to the Service upon and subject to the terms and conditions of this Agreement. 2.2 Pendragon grants to the Subscriber a non-exclusive non-transferable revocable right to access the Content as part of the Service in accordance with this Agreement. 2.3 Pendragon will provide the Service or permit the Subscriber to access the Service over the internet through such url(s) as Pendragon makes available from time to time. 2.4 The Subscriber shall only permit access to and use of the Service or Content by Permitted Employees. Such Permitted Employees may access the Services and Content as set out in clause 2.3 above. The Subscriber shall not make the Service or Content available to employees or any individual other than as set out in this clause and shall not make the Service or Content available to any third party. 2.5 Pendragon will provide telephone advice on day to day enquiries in respect of understanding and operating the Service during normal working hours from Mondays to Fridays inclusive except for: (1) bank holidays and (2) up to four business days in any Subscription Year as nominated by Pendragon.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5147ac28-2a9c-4be7-8f6b-b68d2dc25224
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3b90efba-b119-454f-84df-e9adc2097a9d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

66100000 - Banking and investment services

66500000 - Insurance and pension services

66600000 - Treasury services

66700000 - Reinsurance services

Notice Value(s)

Tender Value
£106,000 £100K-£500K
Lots Value
Not specified
Awards Value
£105,750 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Feb 20224 years ago
Submission Deadline
30 Nov 2021Expired
Future Notice Date
Not specified
Award Date
2 Dec 20214 years ago
Contract Period
1 Jan 2022 - 31 Dec 2023 1-2 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
GOVERNMENT ACTUARY DEPARTMENT
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
EC4A 1AB
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
Not specified
Local Authority
City of London
Electoral Ward
Farringdon Without
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

PENDRAGON

Further Information

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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