Award

Oracle Risk Management

FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 1 release in its history.

Award

21 Aug 2023 at 14:09

Summary of the contracting process

The Foreign Commonwealth and Development Office has awarded a contract for Oracle Risk Management licences to Oracle Corporation UK Limited through a direct procurement method. The contract is valued at £399,200.33 and has a contract period starting on 22nd September 2023 and ending on 31st May 2025. The procurement stage is marked as 'award' with the tender period ending on 17th July 2023.

This tender presents an opportunity for businesses specialised in software packages and information systems. The awarded contract is for a specific software solution, making it well-suited for technology companies offering similar services. Companies interested in providing risk management solutions to government organisations should consider similar future tenders by the Foreign Commonwealth and Development Office.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Oracle Risk Management

Notice Description

Oracle Risk Management licences

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7ee30f22-413d-43f2-8a5d-9fd60294f5ab
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/311a4218-f2bc-41f8-80e0-b6d3863c58b7
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
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
£399,200 £100K-£500K
Lots Value
Not specified
Awards Value
£399,200 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Aug 20232 years ago
Submission Deadline
17 Jul 2023Expired
Future Notice Date
Not specified
Award Date
18 Jul 20232 years ago
Contract Period
21 Sep 2023 - 31 May 2025 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
FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE
Contact Name
Not specified
Contact Email
cpg.enquiries@fcdo.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 2AH
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
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ORACLE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-7ee30f22-413d-43f2-8a5d-9fd60294f5ab-2023-08-21T15:09:38+01:00",
    "date": "2023-08-21T15:09:38+01:00",
    "ocid": "ocds-b5fd17-7ee30f22-413d-43f2-8a5d-9fd60294f5ab",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "tender_381396/1249208",
        "title": "Oracle Risk Management",
        "description": "Oracle Risk Management licences",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "48000000",
            "description": "Software package and information systems"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 399200.33,
            "currency": "GBP"
        },
        "procurementMethod": "direct",
        "procurementMethodDetails": "Single tender action (below threshold)",
        "tenderPeriod": {
            "endDate": "2023-07-17T15:30:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2023-09-22T00:00:00+01:00",
            "endDate": "2025-05-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        }
    },
    "parties": [
        {
            "id": "GB-CFS-151067",
            "name": "Foreign Commonwealth and Development Office",
            "identifier": {
                "legalName": "Foreign Commonwealth and Development Office"
            },
            "address": {
                "streetAddress": "King Charles Street",
                "locality": "London",
                "postalCode": "SW1A 2AH",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "cpg.enquiries@fcdo.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-178250",
            "name": "Oracle Corporation UK Limited",
            "identifier": {
                "legalName": "Oracle Corporation UK Limited",
                "scheme": "GB-COH",
                "id": "178250"
            },
            "address": {
                "streetAddress": "Oracle Parkway, Thames Valley Park, Reading, Berkshire, RG6 1RA"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-151067",
        "name": "Foreign Commonwealth and Development Office"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-7ee30f22-413d-43f2-8a5d-9fd60294f5ab-1",
            "status": "active",
            "date": "2023-07-19T00:00:00+01:00",
            "datePublished": "2023-08-21T15:09:38+01:00",
            "value": {
                "amount": 399200.33,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-178250",
                    "name": "Oracle Corporation UK Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-09-22T00:00:00+01:00",
                "endDate": "2025-05-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/311a4218-f2bc-41f8-80e0-b6d3863c58b7",
                    "datePublished": "2023-08-21T15:09:38+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}