Award

GB-Sheffield: AML Screening

BRITISH BUSINESS BANK

This public procurement record has 1 release in its history.

Award

12 Mar 2019 at 14:00

Summary of the contracting process

The British Business Bank, located in Sheffield, has completed a public procurement process for an Anti-Money Laundering (AML) Screening software package, classified under CPV code 48170000. The tender, titled "GB-Sheffield: AML Screening", had a contract value of £120,000 and was awarded on 1st February 2019, with the contract period set to run from 1st March 2019 until 28th February 2021. The procurement process was initiated but does not specify the method used, and the tender period ended on 1st February 2019.

This tender represents a significant opportunity for businesses specialising in compliance software and services. Companies equipped to deliver advanced AML solutions are particularly well-positioned to engage in similar future tenders with the British Business Bank or other public sector entities. Businesses of varying sizes, especially those with experience in software compliance within the financial sector, could benefit from leveraging this contract win for networking and expansion within the industry.

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Notice Title

GB-Sheffield: AML Screening

Notice Description

AML Screening

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ca4ff89b-5f61-473b-9920-e06708b54c6c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f3f50d60-986f-4c0e-8dad-d237e5917130
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
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48170000 - Compliance software package

Notice Value(s)

Tender Value
£120,000 £100K-£500K
Lots Value
Not specified
Awards Value
£120,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Mar 20196 years ago
Submission Deadline
1 Feb 2019Expired
Future Notice Date
Not specified
Award Date
1 Feb 20197 years ago
Contract Period
1 Mar 2019 - 28 Feb 2021 2-3 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
BRITISH BUSINESS BANK
Contact Name
Procurement
Contact Email
procurement@british-business-bank.co.uk
Contact Phone
02039051462

Buyer Location

Locality
SHEFFIELD
Postcode
S1 2GQ
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
Not specified

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

BUREAU VAN DIJK ELECTRONIC PUBLISHING

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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