Award

Country Analysis and Forecast and Sovereign Risk Service

DEPARTMENT FOR INTERNATIONAL TRADE

This public procurement record has 1 release in its history.

Award

14 May 2021 at 12:01

Award Notice
Summary of the contracting process

The Department for International Trade has completed a procurement process for the "Country Analysis and Forecast and Sovereign Risk Service". This contract, valued at £124,800, focused on providing services in the "Database and operating software package" industry category. The contract period spans from 1 April 2021 to 31 March 2024, with the procurement method being a direct tender through a single tender action as it was below the threshold. The final award was published on 14 May 2021, and the successful supplier is IHS Markit Group Limited, based in London.

This tender presents significant opportunities for businesses in the data analysis and software services sector, particularly those specialising in financial risk assessment and forecasting services. Small to medium-sized enterprises (SMEs) with relevant experience and capabilities could effectively compete for similar future contracts, leveraging the expertise developed in this area to scale their operations and enhance their market presence.

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Notice Information

Notice Title

Country Analysis and Forecast and Sovereign Risk Service

Notice Description

To provide a country analysis and forecast and sovereign risk service to UK Export Finance. The contract is for 3 years for a value of PS124,800.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-dbfe8679-a38a-4388-8fa8-ee9d2ba8937f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e22f2af0-54c2-42bd-9722-060c2df9f5a5
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48600000 - Database and operating software package

Notice Value(s)

Tender Value
£124,800 £100K-£500K
Lots Value
Not specified
Awards Value
£124,800 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
14 May 20214 years ago
Submission Deadline
31 Mar 2021Expired
Future Notice Date
Not specified
Award Date
30 Mar 20214 years ago
Contract Period
31 Mar 2021 - 31 Mar 2024 3-4 years
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
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
WESTMINSTER
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

IHS MARKIT GROUP

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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