Award

Covid urgent requirement: Credit Risk Analysis Tools for UKGI - Reorg

UK GOVERNMENT INVESTMENTS : HM TREASURY

This public procurement record has 2 releases in its history.

AwardUpdate

09 Feb 2021 at 15:43

Award Notice
Award

09 Feb 2021 at 15:33

Award Notice
Summary of the contracting process

The procurement process is for the "Covid urgent requirement: Credit Risk Analysis Tools for UKGI - Reorg" tender, initiated by UK Government Investments: HM Treasury, located in Liverpool, England. The classification of this project falls under subscription services, focusing on the analysis of credit data. The procurement method employed was a direct tender through a single tender action below the threshold, which concluded on 5th November 2020. The contract period for awarded services begins on 1st January 2021 and ends on 31st December 2021.

This tender presents opportunities for small to medium enterprises (SMEs) engaged in providing subscription services related to credit analysis or financial tools. Given that the only two suppliers capable of delivering the required services were Reorg and Creditsights, businesses specialising in innovative credit risk analysis solutions may find a market for future tenders or collaborations. Those positioned to address similar urgent public sector needs will be well-suited to compete for upcoming contracts in this space.

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Notice Information

Notice Title

Covid urgent requirement: Credit Risk Analysis Tools for UKGI - Reorg

Notice Description

Credit Risk Analysis Tool to help analyse the data that is coming through from Credit Benchmark. There are only 2 suppliers that offer the subscription services - Reorg and Creditsights.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-70f52444-35c4-4a3b-bfbf-e4326f02fc24
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0191a0da-f90f-406b-9251-e55198ec32e6
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

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79980000 - Subscription services

Notice Value(s)

Tender Value
£35,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
9 Feb 20215 years ago
Submission Deadline
5 Nov 2020Expired
Future Notice Date
Not specified
Award Date
8 Nov 20205 years ago
Contract Period
1 Jan 2021 - 31 Dec 2021 6-12 months
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
UK GOVERNMENT INVESTMENTS : HM TREASURY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
Not specified
Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

RE-ORG RESEARCH

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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