This public procurement record has 1 release in its history.

Award

26 Aug 2026 at 09:00

Summary of the contracting process

UK Export Finance procured specialist financial and insurance services covering macroeconomic data and forecast scenarios for IFRS 9 compliance. The requirement is for economic datasets and forward-looking scenarios used to support IFRS 9-related assessment and reporting. Delivery is associated with UK Export Finance in London. The work is a professional analytical and data service rather than the supply of physical goods or construction. It is relevant to economic consultancies, financial risk specialists, forecasting firms and data providers able to produce reliable macroeconomic information and scenario analysis for an institutional finance function. The named buyer is UK Export Finance, the UK government body responsible for the procurement and use of the service.

The procurement is complete and was awarded following a selective call-off from a dynamic purchasing system. Bids closed on 11 June 2026 at 15:00. The estimated value was between £195,000 and £325,000, with the award made for £325,000. Oxford Economics Group Ltd was selected on 4 August 2026. The contract runs from 3 August 2026 to 2 August 2031. The award is active. The published evaluation basis is not set out in the available procurement details, so the outcome should be understood as a completed competitive call-off rather than an opportunity to submit a further bid. The procurement was identified as services under the financial and insurance services category.

This award demonstrates a substantial, long-term requirement from UK Export Finance for specialist macroeconomic intelligence supporting IFRS 9 compliance. Suppliers best placed for a future requirement would have established capability in economic forecasting, scenario design and delivery of structured macroeconomic data for financial risk or reporting purposes. Credibility is likely to depend on producing defensible assumptions, consistent forecast updates and analysis that can be used within formal compliance processes. Relevant businesses include economic research houses, specialist forecasting providers, financial risk consultancies and data firms, including smaller organisations and voluntary or community enterprises: the procurement was identified as suitable for both SMEs and VCSEs. Experience serving institutional or public-sector finance teams would strengthen a competing supplier’s position.

How relevant is this notice?

Notice Title

Macroeconomic Data and Forecast Scenarios for IFRS 9 compliance

Notice Description

Macroeconomic Data and Forecast Scenarios for IFRS 9 compliance

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5b513489-df22-464b-b9c9-38cb5304a298
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4256ca4e-cc39-4674-919d-c5299f00d9ab
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£325,000 £100K-£500K
Lots Value
Not specified
Awards Value
£325,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Aug 2026Yesterday
Submission Deadline
11 Jun 2026Expired
Future Notice Date
Not specified
Award Date
4 Aug 20263 weeks ago
Contract Period
3 Aug 2026 - 2 Aug 2031 Over 5 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
UK Export Finance
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
SW1A 2HQ
Postcode Area
South West 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
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

OXFORD ECONOMICS GROUP LIMITED

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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