Award

Customer detail verification services

NATIONAL SAVINGS & INVESTMENTS

This public procurement record has 1 release in its history.

Award

29 Apr 2025 at 16:13

Summary of the contracting process

The procurement process for the contract titled "Customer detail verification services" was managed by National Savings & Investments, located at 20 Great Smith Street, London. This contract falls under the services category within the software package and information systems industry and is specifically for the United Kingdom. The procurement stage is at the award phase, with the award made on 28th April 2025. The contract, valued at £976,311, is procured through a direct method titled "Single tender action (below threshold)." The contract period spans from 1st April 2025 to 31st March 2028.

This tender provides an opportunity for businesses in the area of customer detail verification, particularly those capable of providing Evidence of Identity checks and Bank Account Verification services. While this specific contract is suited to larger-scale businesses rather than SMEs or VCSEs, it still presents an attractive business growth opportunity within the UK services sector. Suitable businesses could gain significant contracts by highlighting their capabilities to deliver comprehensive software solutions and information systems tailored for large-scale projects. The awarded company, Equifax Limited, exemplifies the type of business well-suited for such opportunities.

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Notice Title

Customer detail verification services

Notice Description

Customer detail verification services consisting of Evidence of Identity checks and Bank Account Verification

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b6894184-9ad1-4c82-b1e8-5eabe73238ab
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/85f0b788-8590-4731-9943-2a7e8c1b6516
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

43 - Machinery for mining, quarrying, construction equipment

48 - Software package and information systems


CPV Codes

43000000 - Machinery for mining, quarrying, construction equipment

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£976,311 £500K-£1M
Lots Value
Not specified
Awards Value
£976,311 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
29 Apr 202510 months ago
Submission Deadline
19 Mar 2025Expired
Future Notice Date
Not specified
Award Date
27 Apr 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
NATIONAL SAVINGS & INVESTMENTS
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
S W1P
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

EQUIFAX

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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