Cryptoasset Investigation Services

H M REVENUE & CUSTOMS

There are 3 contracts in this contracting process.

Summary of the contracting process

H M Revenue & Customs (HMRC) has concluded the procurement process for "Cryptoasset Investigation Services" to support key business areas in tracking and tracing cryptocurrency transactions related to high-value fraud, tax evasion, money laundering, and recovery investigations. The contract, awarded under an open procedure above the threshold, was completed with Chainalysis UK Limited, a large-scale supplier. The procurement spans the analytical or scientific software package, software supply services, and investigation and security services categories. The contract period begins on 25 March 2024 and ends on 1 April 2025, with a total contract value of £1,029,336 GBP. The procurement was open to small and medium-sized enterprises (SMEs) as well.

This tender presents significant growth opportunities for businesses specializing in software development, particularly those adept in forensic and data analytics technologies. Companies that focus on providing investigation and security services, especially in the financial technology sector, will find this contract particularly rewarding. The emphasis on tracking cryptocurrency transactions showcases the increasing demand for sophisticated software solutions capable of addressing modern challenges in financial fraud and compliance. SMEs with innovative solutions in these industries will find this procurement a potential avenue to expand their market reach and contribute to crucial government operations.

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Cryptoasset Investigation Services

H M REVENUE & CUSTOMS

Contract Timeline

Publication Date

12th March 2025 13:29:56 PM
Contract Summary

This product is used to support several key business areas, the tool enables HMRC to track and trace Cryptocurrency transactions of relevance to high value fraud, tax evasion, money-laundering and recovery investigations.
Contract Details

Open Contracting ID

ocds-b5fd17-db6ac8fd-8bd5-4d9e-9b74-896cf26633ab

Publication Source

Contracts Finder

Procurement Stage

AwardUpdate

Procurement Method

Open

Procurement Method Details

Open Procedure (above Threshold)

Procurement Category

Services

Tender Suitability

SME

Framework / DPS
Contract Classification

CPV Code(s)

48461000
72268000
79700000

CPV Division(s)

48 - Software package and information systems
72 - IT services: consulting, software development, Internet and support
79 - Business services: law, marketing, consulting, recruitment, printing and security
Awarding Authority

H M REVENUE & CUSTOMS

Buyer Name

James Power

Buyer Email

james.power1@hmrc.gov.uk

Buyer Phone

03000543788

Buyer Address

100 PARLIAMENT STREET

LONDON

SS991AA

England
Awarded Supplier(s)

Supplier Name(s)

CHAINALYSIS UK LIMITED

View contract on Contracts Finder

AwardUpdate

Cryptoasset Investigation Services

H M REVENUE & CUSTOMS

Contract Timeline

Publication Date

11th September 2024 10:11:17 AM
Contract Summary

This product is used to support several key business areas, the tool enables HMRC to track and trace Cryptocurrency transactions of relevance to high value fraud, tax evasion, money-laundering and recovery investigations.
Contract Details

Open Contracting ID

ocds-b5fd17-db6ac8fd-8bd5-4d9e-9b74-896cf26633ab

Publication Source

Contracts Finder

Procurement Stage

AwardUpdate

Procurement Method

Open

Procurement Method Details

Open Procedure (above Threshold)

Procurement Category

Services

Tender Suitability

SME

Framework / DPS
Contract Classification

CPV Code(s)

48461000
72268000
79700000

CPV Division(s)

48 - Software package and information systems
72 - IT services: consulting, software development, Internet and support
79 - Business services: law, marketing, consulting, recruitment, printing and security
Awarding Authority

H M REVENUE & CUSTOMS

Buyer Name

James Power

Buyer Email

james.power1@hmrc.gov.uk

Buyer Phone

Buyer Address

100 PARLIAMENT STREET

LONDON

SS991AA

England
Awarded Supplier(s)

Supplier Name(s)

CHAINALYSIS UK LIMITED

View contract on Contracts Finder

Award

Cryptoasset Investigation Services

H M REVENUE & CUSTOMS

Contract Timeline

Publication Date

2nd September 2024 10:41:24 AM
Contract Summary

This product is used to support several key business areas, the tool enables HMRC to track and trace Cryptocurrency transactions of relevance to high value fraud, tax evasion, money-laundering and recovery investigations.
Contract Details

Open Contracting ID

ocds-b5fd17-db6ac8fd-8bd5-4d9e-9b74-896cf26633ab

Publication Source

Contracts Finder

Procurement Stage

Award

Procurement Method

Open

Procurement Method Details

Open Procedure (above Threshold)

Procurement Category

Services

Tender Suitability

SME

Framework / DPS
Contract Classification

CPV Code(s)

48461000
72268000
79700000

CPV Division(s)

48 - Software package and information systems
72 - IT services: consulting, software development, Internet and support
79 - Business services: law, marketing, consulting, recruitment, printing and security
Awarding Authority

H M REVENUE & CUSTOMS

Buyer Name

James Power

Buyer Email

james.power1@hmrc.gov.uk

Buyer Phone

Buyer Address

100 PARLIAMENT STREET

LONDON

SS991AA

England
Awarded Supplier(s)

Supplier Name(s)

CHAINALYSIS UK LIMITED

View contract on Contracts Finder

Cryptoasset Investigation Services

H M REVENUE & CUSTOMS

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority

Awarded Supplier(s)

Cryptoasset Investigation Services

H M REVENUE & CUSTOMS

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority

Awarded Supplier(s)

Cryptoasset Investigation Services

H M REVENUE & CUSTOMS

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority

Awarded Supplier(s)