Tender

Financial Crime Screening Solution

DEPARTMENT FOR INTERNATIONAL TRADE

This public procurement record has 1 release in its history.

Tender

31 Aug 2021 at 21:45

Summary of the contracting process

The Department for International Trade in the UK is currently conducting an open tender for a "Financial Crime Screening Solution" within the IT services industry, aimed at enhancing financial security measures. The tender is active and submissions are due by 26th September 2021. This procurement involves a contract with a budget of £450,000 for a contract period of 720 days, including a 12-month extension option. Interested parties must submit their proposals electronically via the provided platform.

This tender presents a significant opportunity for businesses specialising in IT services, particularly those focused on consulting, software development, and system support. Companies capable of delivering comprehensive financial crime screening solutions that align with government regulations and policies would be well-suited to compete. Engaging with this project could enable businesses to expand their client base, enhance their service offerings, and contribute to the vital task of preventing financial crimes in a rapidly evolving marketplace.

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Notice Title

Financial Crime Screening Solution

Notice Description

PS450,000

Lot Information

Lot 1

UKEF is seeking to procure an effective Financial Crime Screening Solution system that will screen transactions, individuals, organisations and parties subject to due diligence. The system will detect money laundering; breaches of sanctions; fraud; facilitation of tax evasion; and bribery and corruption. The purpose of the service is to conduct financial crime screening to avoid supporting transactions which are unlawful or contrary to government policy, and to identify high risk indicators in relation to the transactions or related parties.

Renewal: 12 Months extension option

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02db8c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/021533-2021
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
31 Aug 20214 years ago
Submission Deadline
26 Sep 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR INTERNATIONAL TRADE
Contact Name
Not specified
Contact Email
richard.gould@trade.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
N/A
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

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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