Award

GB-Glasgow: 2025-TR-0069 - Third Party Risk Management Security Tool

STUDENT LOANS COMPANY

This public procurement record has 1 release in its history.

Award

17 Dec 2025 at 10:50

Summary of the contracting process

The Student Loans Company has awarded a public procurement contract titled "2025-TR-0069 - Third Party Risk Management Security Tool" in the IT services category, specifically for consulting, software development, internet, and support services in Scotland, United Kingdom. The award, valued at £360,000, was made on 15th December 2025 and published on 17th December 2025. The procurement process, initiated as a tender, is now at the award stage, with the contract period set to start on 5th January 2026 and conclude on 4th January 2029, including a potential 12-month optional extension. The procurement method details were not specified in this document.

This tender represents significant opportunities for businesses specialising in IT security and risk management tools. While the contract has been awarded to Risk Ledger Ltd, an SME, businesses similar in size and scope, particularly those with expertise in security tools and IT consulting, should consider aligning their offerings for future procurement opportunities in this category. Participating in similar tenders can foster growth by expanding market presence in the United Kingdom's public sector, provided the services align with industry requirements and technological advancements essential for third-party risk management.

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Notice Title

GB-Glasgow: 2025-TR-0069 - Third Party Risk Management Security Tool

Notice Description

Third Party Risk Management Security Tool Additional information: 12 Month optional extension included in value. Initial term 24 months.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fd0c076d-7efe-4339-a623-24f0af877d74
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/94203d4c-a55a-4b77-aed2-fcd469bdd1a5
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
SME

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
£360,000 £100K-£500K
Lots Value
Not specified
Awards Value
£360,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Dec 20252 months ago
Submission Deadline
1 Dec 2025Expired
Future Notice Date
Not specified
Award Date
15 Dec 20252 months ago
Contract Period
5 Jan 2026 - 4 Jan 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
STUDENT LOANS COMPANY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G5 8DF
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM Scotland

Local Authority
Glasgow City
Electoral Ward
Govan
Westminster Constituency
Glasgow South West

Supplier Information

Number of Suppliers
1
Supplier Name

RISK LEDGER

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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