Award

GB-Swindon: UKRI-1653 Estimated Credit Loss Model

UK RESEARCH & INNOVATION

This public procurement record has 1 release in its history.

Award

24 Sep 2021 at 15:40

Summary of the contracting process

The UK Research & Innovation (UKRI) has awarded a contract titled "UKRI-1653 Estimated Credit Loss Model" which involves the extension of the Estimated Credit Loss Model. This contract was awarded through a negotiated procedure without prior publication, complying with Regulation 32 (5) (b) of the Public Contract Regulations 2015. The procurement process falls under the goods category, specifically related to software package and information systems, with a total contract value of £90,013. The contract period commenced on 24th September 2021 and will conclude on 23rd September 2022.

This tender presents significant opportunities for larger organisations with expertise in software development and analytics, especially those specialising in financial modelling and credit assessment technologies. Companies positioned in the software solutions domain may find this a lucrative avenue for collaboration, given the high-value nature of the project and the long-term benefits associated with strategic partnerships in similar sectors.

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Notice Title

GB-Swindon: UKRI-1653 Estimated Credit Loss Model

Notice Description

UKRI had a requirement to extend the contract of Estimated Credit Loss Model. The Contract was awarded following a negotiated procedure without prior publication, in accordance with Regulation 32 (5) (b) of the Public Contract Regulations 2015.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f4893747-c8e7-4350-8dd1-d3e90d9b4c4d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/36f4ac03-8638-4e5b-b730-dd84c4d25e73
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

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
£90,013 Under £100K
Lots Value
Not specified
Awards Value
£90,013 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Sep 20214 years ago
Submission Deadline
19 Sep 2021Expired
Future Notice Date
Not specified
Award Date
19 Sep 20214 years ago
Contract Period
23 Sep 2021 - 23 Sep 2022 6-12 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
UK RESEARCH & INNOVATION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWINDON
Postcode
SN2 1FL
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

MOODY'S ANALYTICS

Further Information

Notice Documents

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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