Award

Financial Reporting and Supplier Monitoring Services

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

06 Jul 2017 at 13:41

Award Notice
Summary of the contracting process

Transport for London has awarded a contract for "Financial Reporting and Supplier Monitoring Services" with a total value of £19,000. This procurement falls under the financial information systems industry and is located in London, United Kingdom. The contract period spans from 6 May 2017 to 4 May 2019, following the tender phase that concluded on 5 May 2017. The procurement was initiated through a tender process classified as "Other", and involved ongoing risk performance management for financial engagements.

This contract presents significant opportunities for businesses specialising in financial information systems and related services, particularly for SMEs and voluntary, community and social enterprises (VCSEs). Those capable of providing comprehensive financial data, credit assessments, and supply chain risk management are well-suited to compete. Engaging in this tender could enhance business growth by establishing fruitful partnerships with the Greater London Authority and other entities within the GLA Group.

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Notice Information

Notice Title

Financial Reporting and Supplier Monitoring Services

Notice Description

The GLA Group transacts with many companies from various countries all over the world, in both purchasing and selling disciplines. In order to ensure that the GLA Group does not take undue financial risk; it seeks assistance in acquiring financial information, credit worthiness of those companies it wishes to engage with and ongoing supply chain risk performance management.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8ce54d91-1500-4c90-a0db-b6eaafb3109d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c4c28f85-7bc4-407c-a1ec-c16b5765242d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services

CPV Codes

48812000 - Financial information systems

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£19,000 Under £100K
Lots Value
Not specified
Awards Value
£19,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Jul 20178 years ago
Submission Deadline
5 May 2017Expired
Future Notice Date
Not specified
Award Date
5 Mar 20178 years ago
Contract Period
5 May 2017 - 4 May 2019 1-2 years
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
TRANSPORT FOR LONDON
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
SW1H 0TL
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

CREDITSAFE BUSINESS SOLUTIONS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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