Award

Experian Bank Account Validation

UK SHARED BUSINESS SERVICES LIMITED

This public procurement record has 1 release in its history.

Award

27 Jun 2025 at 11:03

Summary of the contracting process

The procurement process for the project titled "Experian Bank Account Validation" was managed by UK Shared Business Services Limited on behalf of UK Research and Innovation (UKRI). This process falls under the industry category of "Software package and information systems" with additional classifications in "Financial and insurance services" and "IT services: consulting, software development, Internet and support". It pertains to the geographic location of the United Kingdom. The procurement was in the "Award" stage as of 27th June 2025, following a "selective" method through a direct award from the G-Cloud 14 Framework. The contract, valued at £135,700, commenced on 1st April 2025 and is scheduled to conclude on 31st March 2028.

This tender provides opportunities for businesses involved in supplying and developing IT and financial services infrastructure, as it highlights the demand for specialised software solutions within the public sector. Companies, particularly those classified as small and medium enterprises (SMEs) in the tech sector, would find this procurement appealing given the established framework agreement process which often results in streamlined execution and potential collaborations. With Experian Ltd being the successful supplier, other similar businesses might explore how aligning with such frameworks could enhance their market reach and lead to further business growth.

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Notice Title

Experian Bank Account Validation

Notice Description

***Please note this is an award notice, not a call for competition*** UK Research and Innovation (UKRI) had a requirement for the supply of a Bank Validation software. This Call Off contract has been sourced via a Direct Award from the G-Cloud 14 Framework.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a0bb82d7-4e4c-44a7-879b-e0db446797fc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d988475e-99d0-4632-b910-55b558b38445
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

48 - Software package and information systems

66 - Financial and insurance services

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


CPV Codes

48000000 - Software package and information systems

66000000 - Financial and insurance services

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

Notice Value(s)

Tender Value
£135,700 £100K-£500K
Lots Value
Not specified
Awards Value
£135,700 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Jun 20258 months ago
Submission Deadline
19 Mar 2025Expired
Future Notice Date
Not specified
Award Date
30 Mar 202510 months ago
Contract Period
31 Mar 2025 - 31 Mar 2028 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UK SHARED BUSINESS SERVICES LIMITED
Contact Name
Mobolaji Dawodu
Contact Email
mobolaji.dawodu@uksbs.co.uk
Contact Phone
07562260303

Buyer Location

Locality
SWINDON
Postcode
SN2 1FF
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

EXPERIAN

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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