Award

Risk Register Restructure Study

DSIT

This public procurement record has 1 release in its history.

Award

16 Apr 2025 at 14:16

Summary of the contracting process

DSIT has completed the procurement process for the "Risk Register Restructure Study," focusing on research and development services. This initiative is set within the research and consultancy services industry and will primarily cater to regions including London, British Oversea Territories, Channel Islands, Europe, Isle of Man, the United Kingdom, and other parts of the world. The procurement method was selective, implemented through a call-off from a dynamic purchasing system. The contract period spans from 10th March 2025 to 30th April 2025, with the tender period having ended on 6th March 2025.

This opportunity presents substantial growth potential for small and medium-sized enterprises (SMEs), particularly those specialising in AI and consultancy services. Given DSIT's commitment to involving SMEs, businesses with expertise in risk assessment, consultancy, and strategic restructuring would be well-suited to compete in similar tenders. Frazer-Nash Consultancy, an SME, was awarded the contract valued at £49,780 GBP, highlighting the value such projects offer in terms of revenue and industry reputation.

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Notice Title

Risk Register Restructure Study

Notice Description

Risk Register Restructure Study for AI

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-dc26a7b7-28a5-4e9f-8d37-61a25a162a1c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bf2ae92e-8731-4408-8289-fe1810c06c35
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£49,780 Under £100K
Lots Value
Not specified
Awards Value
£49,780 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Apr 202510 months ago
Submission Deadline
6 Mar 2025Expired
Future Notice Date
Not specified
Award Date
6 Mar 202511 months ago
Contract Period
10 Mar 2025 - 30 Apr 2025 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
DSIT
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 2BQ
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

FRAZER-NASH CONSULTANCY

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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