Award

Tyche Software Licence & Hosting

POOL RE SERVICES LIMITED

This public procurement record has 1 release in its history.

Award

30 Aug 2024 at 18:31

Summary of the contracting process

Pool Re Services Limited, based at 47 King William Street in London, has completed the procurement process for a "Tyche Software Licence & Hosting" contract in the software and information systems industry category. The contract, valued at £127,712.26, involves licensing and hosting the Tyche platform, which is necessary for the actuarial department's operations. The procurement reached the award stage with an active status as of 15th July 2024. The contract period is set from 30th April 2024 to 29th April 2025, covering various locations including the British Overseas Territories, Channel Islands, Isle of Man, Europe, and the United Kingdom.

This procurement offers a significant opportunity for businesses involved in software services, particularly those that can supply specialised software platforms with exclusive rights like AON Global Operations SE. Small and medium-sized enterprises (SMEs) may find this tender particularly advantageous due to its suitability considerations. The chosen procurement method ensures the continuation of essential software services for the buying organisation, enhancing business stability and growth potential for qualified suppliers.

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Notice Title

Tyche Software Licence & Hosting

Notice Description

Tyche platform is required for the actuarial department.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5357cb96-e58a-4038-85e4-84cc37b5f238
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8b5dad89-a7e4-4b41-b122-9cb6c9d138ea
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
30 Aug 20241 years ago
Submission Deadline
1 Apr 2024Expired
Future Notice Date
Not specified
Award Date
14 Jul 20241 years ago
Contract Period
29 Apr 2024 - 29 Apr 2025 6-12 months
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
Commercial Services
Contact Email
commercialservices@poolre.co.uk
Contact Phone
Not specified

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
Not specified

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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