Award

Enhanced Third Party Due Diligence and Risk Analysis Software

HEALTH DATA RESEARCH UK

This public procurement record has 1 release in its history.

Award

03 Apr 2024 at 13:33

Award Notice
Summary of the contracting process

HEALTH DATA RESEARCH UK has awarded a contract for Enhanced Third Party Due Diligence and Risk Analysis Software. The procurement process was initiated as a tender and has now been completed. The contract involves the development of software for querying data and producing reports related to company information, beneficiaries, financially exposed persons, adverse news, and more. The procurement method used was limited, specifically a competitive quotation process. The contract period is from 2nd April 2024 to 1st April 2025, and the tender deadline was on 15th March 2024.

This procurement provides opportunities for businesses specializing in compliance and business intelligence software packages. Companies with expertise in risk assessment, data querying, and customisable reporting tools are well-suited to compete. The tender requires continual monitoring capabilities, report downloads, and customisation options based on internal policies. The contract, valued at £12,309.12 GBP, offers a chance for software providers to engage with HEALTH DATA RESEARCH UK in delivering essential due diligence solutions.

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.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Enhanced Third Party Due Diligence and Risk Analysis Software

Notice Description

Enhanced third party due diligence and risk assessment software enabling querying of data, production of reports and customisable risk scores on the following: - Confirmation of company information - Beneficiaries and principals - Ultimate Beneficial Owners ("UBOs") - Politically exposed Persons ("PEPs") - Financial crime and regulatory compliance and fines - Adverse news - Sanctions - Watch lists - Risk scores (country, industry, ESG) Additional requirements: - Ability for continual monitoring - Ability to download reports - Ability to customise based on internal policies - Pricing structure allowing multiple users

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-849f2b16-d6e5-421f-97b6-66c5c8be92bb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/02117c01-0fff-41fb-92cd-24b872ad59a6
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48170000 - Compliance software package

48482000 - Business intelligence software package

Notice Value(s)

Tender Value
£12,309 Under £100K
Lots Value
Not specified
Awards Value
£12,309 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Apr 20241 years ago
Submission Deadline
15 Mar 2024Expired
Future Notice Date
Not specified
Award Date
26 Mar 20241 years ago
Contract Period
1 Apr 2024 - 1 Apr 2025 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
HEALTH DATA RESEARCH UK
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
NW1 2BE
Post Town
North West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
Not specified
Local Authority
Camden
Electoral Ward
Bloomsbury
Westminster Constituency
Holborn and St Pancras

Supplier Information

Number of Suppliers
1
Supplier Name

DUN & BRADSTREET

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-b5fd17-849f2b16-d6e5-421f-97b6-66c5c8be92bb-2024-04-03T14:33:25+01:00",
    "date": "2024-04-03T14:33:25+01:00",
    "ocid": "ocds-b5fd17-849f2b16-d6e5-421f-97b6-66c5c8be92bb",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "HDRUK2024.0141",
        "title": "Enhanced Third Party Due Diligence and Risk Analysis Software",
        "description": "Enhanced third party due diligence and risk assessment software enabling querying of data, production of reports and customisable risk scores on the following: - Confirmation of company information - Beneficiaries and principals - Ultimate Beneficial Owners (\"UBOs\") - Politically exposed Persons (\"PEPs\") - Financial crime and regulatory compliance and fines - Adverse news - Sanctions - Watch lists - Risk scores (country, industry, ESG) Additional requirements: - Ability for continual monitoring - Ability to download reports - Ability to customise based on internal policies - Pricing structure allowing multiple users",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "48170000",
            "description": "Compliance software package"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "48482000",
                "description": "Business intelligence software package"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 12309.12,
            "currency": "GBP"
        },
        "procurementMethod": "limited",
        "procurementMethodDetails": "Competitive quotation (below threshold)",
        "tenderPeriod": {
            "endDate": "2024-03-15T17:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2024-04-02T00:00:00+01:00",
            "endDate": "2025-04-01T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-supplierregistration.cabinetoffice.gov.uk/UWf28kYB",
            "name": "HEALTH DATA RESEARCH UK",
            "identifier": {
                "legalName": "HEALTH DATA RESEARCH UK",
                "scheme": "GB-SRS",
                "id": "supplierregistration.cabinetoffice.gov.uk/UWf28kYB"
            },
            "address": {
                "streetAddress": "Gibbs Building,215 Euston Road",
                "locality": "LONDON",
                "postalCode": "NW12BE",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Crysta Kaczmarek",
                "email": "procurement@hdruk.ac.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-00160043",
            "name": "Dun & Bradstreet Limited",
            "identifier": {
                "legalName": "Dun & Bradstreet Limited",
                "scheme": "GB-COH",
                "id": "00160043"
            },
            "address": {
                "streetAddress": "The Point, 37 North Wharf Road, Paddington, London, W21 1AF"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-supplierregistration.cabinetoffice.gov.uk/UWf28kYB",
        "name": "HEALTH DATA RESEARCH UK"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-849f2b16-d6e5-421f-97b6-66c5c8be92bb-1",
            "status": "active",
            "date": "2024-03-26T00:00:00Z",
            "datePublished": "2024-04-03T14:33:25+01:00",
            "value": {
                "amount": 12309.12,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-00160043",
                    "name": "Dun & Bradstreet Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2024-04-02T00:00:00+01:00",
                "endDate": "2025-04-01T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/02117c01-0fff-41fb-92cd-24b872ad59a6",
                    "datePublished": "2024-04-03T14:33:25+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}