Award

NXG Forensics (cloud-based software to provide Accounts Payable Forensic capabilities)

NORTH YORKSHIRE COUNCIL

This public procurement record has 1 release in its history.

Award

21 Mar 2024 at 13:51

Award Notice
Summary of the contracting process

The North Yorkshire Council has successfully awarded a contract for NXG Forensics, a cloud-based software for Accounts Payable Forensic capabilities. The procurement process was completed with a direct procurement method using a single tender action. The contract value is £41,500, and the contract period is from 29th November 2023 to 28th November 2025. The tender was classified under the IT software package category and is suitable for SMEs.

This tender for NXG Forensics software presents business growth opportunities for companies in the IT software industry, particularly those offering AI-based fraud detection solutions. Businesses located in Yorkshire and the Humber region, where the delivery address is specified, can consider exploring this opportunity. The North Yorkshire Council, acting as the buyer, aims to support local businesses through this procurement process, enhancing economic development and fostering innovation in the region.

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

NXG Forensics (cloud-based software to provide Accounts Payable Forensic capabilities)

Notice Description

The NXG forensic software, combines many years of risk detection experience with artificial intelligence to identify a broad range of fraud risks. It will provide comprehensive analysis to find anomalies within NYC financial invoicing and bank data that could be fraudulent. Additional information: This contract was award via the Council's Best Value Form process as per North Yorkshire Council's Procurement and Contract Procedure Rules

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-92267f84-0298-43c6-b6b4-d992c18cb202
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/13dfa3fb-6f25-4506-94ea-2d8d3ee3d17d
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
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48517000 - IT software package

Notice Value(s)

Tender Value
£41,500 Under £100K
Lots Value
Not specified
Awards Value
£41,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Mar 20241 years ago
Submission Deadline
22 Nov 2023Expired
Future Notice Date
Not specified
Award Date
22 Nov 20232 years ago
Contract Period
29 Nov 2023 - 28 Nov 2025 2-3 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
NORTH YORKSHIRE COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NORTHALLERTON
Postcode
DL7 8AD
Post Town
Darlington
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE2 North Yorkshire
Small Region (ITL 3)
TLE22 North Yorkshire
Delivery Location
TLE Yorkshire and The Humber
Local Authority
North Yorkshire
Electoral Ward
Romanby
Westminster Constituency
Richmond and Northallerton

Supplier Information

Number of Suppliers
1
Supplier Name

FISCAL TECHNOLOGIES

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-b5fd17-92267f84-0298-43c6-b6b4-d992c18cb202-2024-03-21T13:51:27Z",
    "date": "2024-03-21T13:51:27Z",
    "ocid": "ocds-b5fd17-92267f84-0298-43c6-b6b4-d992c18cb202",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "BVF 2023-24 371",
        "title": "NXG Forensics (cloud-based software to provide Accounts Payable Forensic capabilities)",
        "description": "The NXG forensic software, combines many years of risk detection experience with artificial intelligence to identify a broad range of fraud risks. It will provide comprehensive analysis to find anomalies within NYC financial invoicing and bank data that could be fraudulent. Additional information: This contract was award via the Council's Best Value Form process as per North Yorkshire Council's Procurement and Contract Procedure Rules",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "48517000",
            "description": "IT software package"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "Yorkshire and the Humber",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 41500,
            "currency": "GBP"
        },
        "procurementMethod": "direct",
        "procurementMethodDetails": "Single tender action (below threshold)",
        "tenderPeriod": {
            "endDate": "2023-11-22T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2023-11-29T00:00:00Z",
            "endDate": "2025-11-28T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/8s944V4W",
            "name": "North Yorkshire Council",
            "identifier": {
                "legalName": "North Yorkshire Council",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/8s944V4W"
            },
            "address": {
                "streetAddress": "County Hall,Racecourse Lane",
                "locality": "NORTHALLERTON",
                "postalCode": "DL78AD",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Procurement Team",
                "email": "procurement@northyorks.gov.uk",
                "telephone": "01609 533450"
            },
            "details": {
                "url": "http://www.northyorks.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-04801836",
            "name": "Fiscal Technologies Ltd",
            "identifier": {
                "legalName": "Fiscal Technologies Ltd",
                "scheme": "GB-COH",
                "id": "04801836"
            },
            "address": {
                "streetAddress": "448 Basingstoke Road, Reading, RG2 0LP, United Kingdom."
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/8s944V4W",
        "name": "North Yorkshire Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-92267f84-0298-43c6-b6b4-d992c18cb202-1",
            "status": "active",
            "date": "2023-11-22T00:00:00Z",
            "datePublished": "2024-03-21T13:51:27Z",
            "value": {
                "amount": 41500,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-04801836",
                    "name": "Fiscal Technologies Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-11-29T00:00:00Z",
                "endDate": "2025-11-28T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/13dfa3fb-6f25-4506-94ea-2d8d3ee3d17d",
                    "datePublished": "2024-03-21T13:51:27Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}