Award

UKSBS DDaT24204 Credit Rating Tool

UK SHARED BUSINESS SERVICES LIMITED

This public procurement record has 1 release in its history.

Award

22 Aug 2024 at 13:08

Summary of the contracting process

UK Research and Innovation (UKRI) - Innovate UK Loans Limited has awarded a procurement contract titled "UKSBS DDaT24204 Credit Rating Tool" in the software supply services industry category. The procurement process, facilitated by UK Shared Business Services Limited, concluded via a Negotiated procedure without prior publication. The contract, valued at £145,589, is located at Polaris House, North Star Avenue, Swindon (postal code SN2 1UH). The key dates include the end of the tender period on 12th July 2024, the start of the contract on 23rd July 2024, and the end of the contract on 19th March 2025. The procurement stage was marked as complete and the award was made to MOODY'S ANALYTICS UK LIMITED on 19th July 2024.

This tender presents an opportunity for businesses in the software supply services sector, particularly small and medium-sized enterprises (SMEs) that provide credit rating tools, to engage with public procurement. The procurement method of a negotiated procedure without prior publication indicates a selective process, potentially advantageous for businesses with specific expertise in credit rating software. The successful bidder, MOODY'S ANALYTICS UK LIMITED, exemplifies the kind of well-established and specialised company suited for this procurement, offering an insight into the competitive landscape and the level of service quality expected by UK Shared Business Services Limited. This contract offers a substantial growth opportunity for businesses looking to establish or expand their footprint in publicly funded projects.

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Notice Title

UKSBS DDaT24204 Credit Rating Tool

Notice Description

***This is an award notice, not a call for competition*** UK Research and Innovation (UKRI) - Innovate UK Loans Limited had a need for the software supply services. This procurement has been concluded via a Negotiated procedure without prior publication (above threshold)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fd36e796-3eb7-41d9-89de-fb79fdd7204d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6cc92dc4-5dfe-4856-95d6-906dd16a9a88
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Limited
Procurement Method Details
Negotiated procedure without prior publication (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72268000 - Software supply services

Notice Value(s)

Tender Value
£145,589 £100K-£500K
Lots Value
Not specified
Awards Value
£145,589 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Aug 20241 years ago
Submission Deadline
11 Jul 2024Expired
Future Notice Date
Not specified
Award Date
18 Jul 20241 years ago
Contract Period
22 Jul 2024 - 19 Mar 2025 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 SHARED BUSINESS SERVICES LIMITED
Contact Name
Not specified
Contact Email
ddatprocuement@uksbs.co.uk
Contact Phone
Not specified

Buyer Location

Locality
SWINDON
Postcode
SN2 1UH
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

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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