Award

UKEF Treasury Management System

DEPARTMENT FOR INTERNATIONAL TRADE

This public procurement record has 1 release in its history.

Award

30 Dec 2020 at 11:43

Summary of the contracting process

The procurement process is for the "UKEF Treasury Management System," initiated by the Department for International Trade, based in London, United Kingdom. This contract falls within the financial analysis and accounting software category, with an awarded contract value of £252,000. The procurement method was a direct award via a single tender action below the threshold, and the contract period spans from 15th April 2020 to 14th April 2023. The tender was officially awarded on 14th April 2020, with the award notice published on 30th December 2020.

This tender presents significant opportunities for businesses specialising in treasury management software and financial services. Companies that develop similar software solutions or provide financial analysis services would find this procurement particularly relevant. As the contract is already awarded, it serves as a benchmark for future competitive tenders in this sector, allowing other firms to identify requirements and prepare to meet similar standards in upcoming opportunities.

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Notice Title

UKEF Treasury Management System

Notice Description

UKEF require Reval Treasury Management software for the purposes of cash management, derivative management, risk analysis, hedge accounting and reporting. This provides visibility into cash positions and exposures, meet the accounting requirements, end of year UKEF Annual Accounts and HMT reporting requirements etc.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-844641fc-cd53-498c-9f93-a2d5806e712f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/04db1a39-207a-4553-891e-efb3521f30d9
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48440000 - Financial analysis and accounting software package

Notice Value(s)

Tender Value
£252,000 £100K-£500K
Lots Value
Not specified
Awards Value
£252,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Dec 20205 years ago
Submission Deadline
13 Apr 2020Expired
Future Notice Date
Not specified
Award Date
13 Apr 20205 years ago
Contract Period
14 Apr 2020 - 14 Apr 2023 2-3 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
DEPARTMENT FOR INTERNATIONAL TRADE
Contact Name
Not specified
Contact Email
commercialddat@trade.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
TLI London

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

REVAL.COM

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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