Award

Oyster Third Party Risk Management Contract

NATIONAL AUDIT OFFICE

This public procurement record has 1 release in its history.

Award

04 Nov 2025 at 10:46

Summary of the contracting process

The National Audit Office (NAO) has successfully completed a procurement process for an "Oyster Third Party Risk Management Contract," which falls under the information technology services category. This contract was awarded to Oyster IMS under the Crown Commercial Service's G-Cloud 14 framework. Commencing on 20 October 2025 and set to conclude on 19 October 2027, the contract has an estimated value of £72,000. This selective procurement process utilised a call-off from a framework agreement, with the primary location of service delivery identified as the United Kingdom and specifically focused on providing supplier assurance assessment services.

This contract presents significant opportunities for businesses specialising in IT services, especially those positioned as small and medium enterprises (SMEs), given the NAO's considerations for such entities. Companies involved in managing third-party risk or offering supplier assurance assessment services can leverage this contract to demonstrate the value they bring to government departments. The framework agreement allows familiarity and engagement with public sector needs, creating avenues for SMEs to expand their portfolios and enhance their public sector credentials.

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Notice Title

Oyster Third Party Risk Management Contract

Notice Description

The National Audit Office (NAO) has awarded a contract to Oyster IMS via the Crown Commercial Service's G-Cloud 14 framework. The supplier will provide the NAO with supplier assurance assessment services. The contract commenced on Monday, 20 October 2025 to Tuesday, 19 October 2026 with a 12 months, until Wednesday, 19 October 2027 with a estimated Contract Value of PS72,000 (gross)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-67f4ddde-66b4-4959-a5b6-eacb8e6cc554
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/14165aa6-5f30-40c1-bf08-1abc4571db39
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72222300 - Information technology services

Notice Value(s)

Tender Value
£72,000 Under £100K
Lots Value
Not specified
Awards Value
£72,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Nov 20253 months ago
Submission Deadline
1 Sep 2025Expired
Future Notice Date
Not specified
Award Date
30 Sep 20254 months ago
Contract Period
19 Oct 2025 - 19 Oct 2027 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
NATIONAL AUDIT OFFICE
Contact Name
ima orosei
Contact Email
ima.orosei@nao.org.uk
Contact Phone
44 20 7798 5343

Buyer Location

Locality
LONDON
Postcode
SW1W 9SP
Post Town
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
Pimlico North
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

OYSTER INFORMATION MANAGEMENT SOLUTIONS LIMITED ("OYSTER IM

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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