Award

Affordability Assessment for Individuals and Companies

H M REVENUE & CUSTOMS

This public procurement record has 1 release in its history.

Award

25 Apr 2025 at 10:53

Award Notice
Summary of the contracting process

The procurement process was conducted by H M Revenue & Customs, located at 100 Parliament Street, London. It involved the provision of software development services for an affordability assessment tool, classified under the IT services category with the CPV code 72000000. The procurement was completed as a direct award to Moneyhub Financial Ltd. The tender process ended on 27th February 2025, with the contract period running from 21st March 2025 to 20th March 2026. This award was published on 25th April 2025, with a contract value of £23,000.

This tender offers opportunities for small and medium-sized enterprises (SMEs) engaged in software development. Given the increasing demand for specialised IT services, particularly in developing financial assessment tools, companies with expertise in software solutions for financial analysis and consulting will find this project particularly well-suited to their capabilities. The successful bidder, Moneyhub Financial Ltd, exemplifies the type of business adept at leveraging such opportunities for growth and innovation within the IT services industry.

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Notice Information

Notice Title

Affordability Assessment for Individuals and Companies

Notice Description

Provision of software development services for the development of an affordability assessment tool.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c512baa6-4824-4650-818e-3e347e1a991f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e0736066-30cf-48f1-881c-4a7f757dddba
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Direct Award
Tender Suitability
SME
Awardee Scale
SME

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
£23,000 Under £100K
Lots Value
Not specified
Awards Value
£23,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Apr 202510 months ago
Submission Deadline
27 Feb 2025Expired
Future Notice Date
Not specified
Award Date
8 Apr 202510 months ago
Contract Period
21 Mar 2025 - 20 Mar 2026 6-12 months
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
H M REVENUE & CUSTOMS
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
SW1A 2BQ
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

MONEYHUB FINANCIAL

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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