Award

PRE00134 Provision and Implementation of a Risk System

POOL RE SERVICES LIMITED

This public procurement record has 1 release in its history.

Award

16 Oct 2024 at 09:58

Summary of the contracting process

Pool Re Services Limited has concluded the procurement process for the "PRE00134 Provision and Implementation of a Risk System" with the award made on 17 September 2024. The contract, valued at GBP 102,994, falls under the industry category of software package and information systems (CPV code 48000000), with Core Stream Ltd named as the supplier. The project involves comprehensive assessment, management, and reporting of risks within the business. The process adhered to a restricted procedure above the threshold, emphasizing selective procurement to ensure suitability for SMEs. The contract runs from 15 October 2024 to 14 October 2027, with a key procurement milestone on 27 August 2024 when the tender period ended. The primary location for the project's delivery is London, United Kingdom.

This contract presents a significant growth opportunity for businesses specialising in risk management software solutions. SMEs in the software and information systems segment, particularly those experienced in risk assessment and management, are well-positioned to benefit. The project calls for bespoke solutions that can handle complex risk scenarios, making it an ideal match for agile and innovative companies. Businesses capable of offering tailored risk systems and robust support services will find this tender beneficial for enhancing their portfolio and market standing.

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Notice Title

PRE00134 Provision and Implementation of a Risk System

Notice Description

Pool Re competitively tendered for the provision and implementation of a Risk system. The system supports the assessment, management and reporting of Risks, Risk Indicators, Controls, Risk Events and Actions across the business.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cb72e77b-ccf0-4311-a538-daa271758505
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2d979c89-da59-4679-b30a-bbce588387f5
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£102,994 £100K-£500K
Lots Value
Not specified
Awards Value
£102,994 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Oct 20241 years ago
Submission Deadline
27 Aug 2024Expired
Future Notice Date
Not specified
Award Date
16 Sep 20241 years ago
Contract Period
14 Oct 2024 - 14 Oct 2027 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
POOL RE SERVICES LIMITED
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
EC4R 9AF
Post Town
Central 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
TLI London

Local Authority
City of London
Electoral Ward
Candlewick
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

CORE STREAM

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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