Award

Financial product recording and administration discovery

DEPARTMENT FOR INTERNATIONAL TRADE

This public procurement record has 1 release in its history.

Award

01 Dec 2021 at 11:12

Summary of the contracting process

The Department for International Trade is seeking a partner to assist with a discovery for the contract titled "Financial product recording and administration discovery," which aims to enhance the systems and processes for managing Loans and Guarantees Administration. This procurement process is classified under IT services and falls within the services category, with a contract value of £132,975. The procurement method used was selective, operating as a call-off from a framework agreement, and the procurement stage is awarded, having been published on 1 December 2021. The contract period spans from 23 November 2021 to 14 January 2022, with the delivery address located in London, United Kingdom.

This tender presents significant opportunities for businesses focused on IT consultancy, software development, and support services, particularly small to medium-sized enterprises (SMEs) given the suitability designation. Businesses that can demonstrate expertise in enhancing administrative systems and processes will be well-positioned to compete for similar future contracts, particularly within government frameworks, which tend to favour quality and innovation in service delivery.

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Notice Title

Financial product recording and administration discovery

Notice Description

Contract for a partner to assist in a discovery to improve the systems and processes UKEF uses to manage its products once they have been issued and when customers are on-cover (often referred to as Loans and Guarantees Administration).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d8c780dd-68d5-4a4a-a1ae-c53b537cce0f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c166ca75-eea2-46de-b5dc-6c83411271b3
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

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
£132,975 £100K-£500K
Lots Value
Not specified
Awards Value
£132,975 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Dec 20214 years ago
Submission Deadline
23 Aug 2021Expired
Future Notice Date
Not specified
Award Date
23 Nov 20214 years ago
Contract Period
23 Nov 2021 - 14 Jan 2022 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR INTERNATIONAL TRADE
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 2HQ
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
TLI London

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

CXPARTNERS

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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