Award

C0780 Know Your Customer/Enhanced Due Diligence Software

NATIONAL WEALTH FUND LIMITED

This public procurement record has 2 releases in its history.

AwardUpdate

01 Oct 2025 at 14:53

Award Notice
Award

08 Oct 2024 at 08:21

Award Notice
Summary of the contracting process

The UK Infrastructure Bank Limited, based in Leeds, England, has completed a selective procurement process for the provision of Know Your Customer/Enhanced Due Diligence Software. This project falls under the IT services category, specifically consulting, software development, Internet, and support, with delivery expected throughout the United Kingdom. The tender, executed via a call-off from a framework agreement, concluded with the contract being awarded on 12th September 2024 to Bureau Van Dijk Electronic Publishing Ltd. The contract spans two years with a possibility of extension, covering the period from 12th September 2024 to 11th September 2026, with a total value reaching up to £503,809.50 excluding VAT. Key past milestones include the tender period ending on 5th September 2024.

This procurement presents substantial opportunities for businesses specialising in IT consultancy and software development, particularly those offering solutions compliant with Anti-Money Laundering and Anti-Bribery regulations. It is particularly suited for small and medium-sized enterprises (SMEs) as the procurement process includes considerations for such entities. Winning this contract provides an excellent platform for the supplier, Bureau Van Dijk Electronic Publishing Ltd, to enhance its visibility and establish a significant presence in a critical sector vital for financial compliance and risk management services.

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

C0780 Know Your Customer/Enhanced Due Diligence Software

Notice Description

Provision of an enhanced due diligence / risk management tool to comply with legislation on Anti-Money Laundering ("AML"), Anti-Bribery and Corruption ("ABC"), individual or company background checks (Know your Client "KYC"), a negative news check, sanctions, and politically exposed person (PEP) check and company's litigation history. The contract shall have a two year subscription period with the option for a one year extension. The value of the contract will range between PS266,774 and PS503,809.50 excluding VAT depending on the execution of the available extension option.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8ee3a964-3544-4380-82b3-18021bace9c9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d48c99a0-b721-41b2-b0f2-4cbd0dd2c2ad
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£503,809 £500K-£1M
Lots Value
Not specified
Awards Value
£924,295 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
1 Oct 20254 months ago
Submission Deadline
4 Sep 2024Expired
Future Notice Date
Not specified
Award Date
11 Sep 20241 years ago
Contract Period
11 Sep 2024 - 11 Sep 2026 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
NATIONAL WEALTH FUND LIMITED
Additional Buyers

UK INFRASTRUCTURE BANK LIMITED

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 4HR
Post Town
Leeds
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified
Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

BUREAU VAN DIJK ELECTRONIC PUBLISHING

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-b5fd17-8ee3a964-3544-4380-82b3-18021bace9c9-2025-10-01T15:53:23+01:00",
    "date": "2025-10-01T15:53:23+01:00",
    "ocid": "ocds-b5fd17-8ee3a964-3544-4380-82b3-18021bace9c9",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "C0780",
        "title": "C0780 Know Your Customer/Enhanced Due Diligence Software",
        "description": "Provision of an enhanced due diligence / risk management tool to comply with legislation on Anti-Money Laundering (\"AML\"), Anti-Bribery and Corruption (\"ABC\"), individual or company background checks (Know your Client \"KYC\"), a negative news check, sanctions, and politically exposed person (PEP) check and company's litigation history. The contract shall have a two year subscription period with the option for a one year extension. The value of the contract will range between PS266,774 and PS503,809.50 excluding VAT depending on the execution of the available extension option.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "72000000",
            "description": "IT services: consulting, software development, Internet and support"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "United Kingdom"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 266774,
            "currency": "GBP"
        },
        "value": {
            "amount": 503809.5,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2024-09-05T00:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2024-09-12T00:00:00+01:00",
            "endDate": "2026-09-11T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-supplierregistration.cabinetoffice.gov.uk/bf3h7Y7s",
            "name": "NATIONAL WEALTH FUND LIMITED",
            "identifier": {
                "legalName": "NATIONAL WEALTH FUND LIMITED",
                "scheme": "GB-SRS",
                "id": "supplierregistration.cabinetoffice.gov.uk/bf3h7Y7s"
            },
            "address": {
                "streetAddress": "2 Whitehall Quay",
                "locality": "Leeds",
                "postalCode": "LS1 4HR",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Procurement",
                "email": "procurement@ukib.org.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-297647",
            "name": "Bureau Van Dijk Electronic Publishing Ltd",
            "identifier": {
                "legalName": "Bureau Van Dijk Electronic Publishing Ltd"
            },
            "address": {
                "streetAddress": "One Canada Square Canary Wharf London E14 5FA"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-COH-02323741",
            "name": "Bureau Van Dijk Electronic Publishing Ltd",
            "identifier": {
                "legalName": "Bureau Van Dijk Electronic Publishing Ltd",
                "scheme": "GB-COH",
                "id": "02323741"
            },
            "address": {
                "streetAddress": "One Canada Square Canary Wharf London E14 5FA"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-supplierregistration.cabinetoffice.gov.uk/bf3h7Y7s",
        "name": "NATIONAL WEALTH FUND LIMITED"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-8ee3a964-3544-4380-82b3-18021bace9c9-1",
            "status": "active",
            "date": "2024-09-12T00:00:00+01:00",
            "datePublished": "2024-10-08T09:21:15+01:00",
            "value": {
                "amount": 420486,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-297647",
                    "name": "Bureau Van Dijk Electronic Publishing Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2024-09-12T00:00:00+01:00",
                "endDate": "2026-09-11T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/d48c99a0-b721-41b2-b0f2-4cbd0dd2c2ad",
                    "datePublished": "2024-10-08T09:21:15+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        },
        {
            "id": "ocds-b5fd17-8ee3a964-3544-4380-82b3-18021bace9c9-2",
            "status": "active",
            "date": "2024-09-12T00:00:00+01:00",
            "datePublished": "2024-10-08T09:21:15+01:00",
            "value": {
                "amount": 503809.5,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-02323741",
                    "name": "Bureau Van Dijk Electronic Publishing Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2024-09-12T00:00:00+01:00",
                "endDate": "2026-09-11T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/d48c99a0-b721-41b2-b0f2-4cbd0dd2c2ad",
                    "datePublished": "2024-10-08T09:21:15+01:00",
                    "dateModified": "2025-10-01T15:53:23+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}