Award

Risk Management Platform

O F W A T

This public procurement record has 1 release in its history.

Award

06 Oct 2025 at 07:39

Award Notice
Summary of the contracting process

The public procurement process for a Risk Management Platform was conducted by O F W A T, a regulatory authority based in Birmingham, England. The industry category for this tender is IT software, detailed under the CPV code 48517000. This procurement took place through a direct single tender action due to its classification as below the threshold. The procurement process reached the award stage, with the contract being awarded to Risk Ledger LTD on 20th December 2024, with the contract period running from 21st December 2024 to 21st December 2025. The delivery location is specified as postal code B5 4UA, and the process was concluded with an award valued at £50,400.

This tender presents significant opportunities for businesses in the IT software sector, particularly those with a focus on risk management solutions. Given that the procurement method involved a direct single tender, businesses capable of delivering specialized software solutions swiftly and with efficiency might find such opportunities beneficial for growth. Additionally, the suitability of this contract for small and medium enterprises (SMEs) makes it an attractive proposition for such businesses looking to expand their portfolio within public sector contracts. Risk Ledger LTD, with its SME status, was successful in securing this contract, reflecting the potential for similar companies to engage with O F W A T in IT software-related procurement.

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Notice Information

Notice Title

Risk Management Platform

Notice Description

Risk Management Platform

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9285e1a5-d0a3-44af-8929-b7cdd19d31d9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d0f93095-d9d4-4ed5-a5d6-06f696e1dbdb
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
Not specified
Lots Value
Not specified
Awards Value
£50,400 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Oct 20254 months ago
Submission Deadline
29 Nov 2024Expired
Future Notice Date
Not specified
Award Date
20 Dec 20241 years ago
Contract Period
21 Dec 2024 - 21 Dec 2025 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
O F W A T
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B5 4UA
Post Town
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

RISK LEDGER

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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