Award

Client Advice Management Solution

DERBY HOMES LTD

This public procurement record has 2 releases in its history.

Award

25 Sep 2023 at 07:59

Award

31 Jan 2023 at 14:05

Summary of the contracting process

Derby Homes Ltd, a public sector body governed by UK public law, has completed the award of a contract for the purchase of a Client Advice Management Solution. The procurement process, initiated as a tender, aimed at acquiring a specialised software solution for managing advice for vulnerable clients, with the main procurement category being goods. The contracting authority, located in Derby, United Kingdom, carried out a limited procurement method known as an Award procedure without prior publication of a call for competition. The contract, awarded to Advice UK, was signed on 5th July 2023, with a total value of £129,742.

This procurement presents business growth opportunities primarily for SMEs in the financial software industry. Businesses offering financial analysis software packages and solutions tailored for client advice management, especially those compliant with Financial Conduct Authority regulations, would be well-suited to compete. The presence of only one identified solution and the potential future competitive process after the initial contract term of 36 months provide a specific niche for vendors aiming to meet the unique software requirements set by Derby Homes Ltd.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Client Advice Management Solution

Notice Description

Software - a specialised advice management system for vulnerable clients. We were only able to identify one solution that met essential requirements.

Lot Information

Lot 1

A Client Advice Management solution - a specialised advice management system for vulnerable clients, with a financial assessment tool in line with the Financial Conduct Authority (FCA) requirements for understanding clients' needs and circumstances. It must be capable of producing a Financial Statement which meets the requirements of the FCA with an inbuilt electronic document records management system that marries electronic records to clients' current advice and applies relevant retention periods, to include functionality for managing and setting controls around conflicts of interest between clients as per FCA rules. Additional information: We intend to use the software for three years, reviewing for alternative providers and any need for a competitive procedure after two years, then likely take up to 3 x 24 month extension options with further review.

Options: 36 month initial contract with 3 x 24 month extension options to review if there are any suitable alternative providers in the future.

Procurement Information

Only one possible provider to meet all requirements has been identified. Derby Homes Ltd posted a VEAT notice to confirm no other options exist following our due diligence, to be transparent about action taken and why. The contract term will allow a competitive process in the future if alternatives exist which we have otherwise been unable to identify or develop in the future.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03a17b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/028125-2023
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48441000 - Financial analysis software package

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£129,742 £100K-£500K

Notice Dates

Publication Date
25 Sep 20232 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 Jan 20233 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
DERBY HOMES LTD
Contact Name
Andrew Grover
Contact Email
dh-procurement@derbyhomes.org
Contact Phone
+44 1332255223

Buyer Location

Locality
DERBY
Postcode
DE24 8UZ
Post Town
Derby
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF11 Derby
Delivery Location
TLF11 Derby

Local Authority
Derby
Electoral Ward
Alvaston North
Westminster Constituency
Derby South

Supplier Information

Number of Suppliers
1
Supplier Name

ADVICE

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-03a17b-2023-09-25T08:59:59+01:00",
    "date": "2023-09-25T08:59:59+01:00",
    "ocid": "ocds-h6vhtk-03a17b",
    "description": "TBC",
    "initiationType": "tender",
    "tender": {
        "id": "E2023-001",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "Client Advice Management Solution",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "48441000",
            "description": "Financial analysis software package"
        },
        "mainProcurementCategory": "goods",
        "description": "Software - a specialised advice management system for vulnerable clients. We were only able to identify one solution that met essential requirements.",
        "lots": [
            {
                "id": "1",
                "description": "A Client Advice Management solution - a specialised advice management system for vulnerable clients, with a financial assessment tool in line with the Financial Conduct Authority (FCA) requirements for understanding clients' needs and circumstances. It must be capable of producing a Financial Statement which meets the requirements of the FCA with an inbuilt electronic document records management system that marries electronic records to clients' current advice and applies relevant retention periods, to include functionality for managing and setting controls around conflicts of interest between clients as per FCA rules. Additional information: We intend to use the software for three years, reviewing for alternative providers and any need for a competitive procedure after two years, then likely take up to 3 x 24 month extension options with further review.",
                "awardCriteria": {
                    "criteria": [
                        {
                            "type": "price"
                        }
                    ]
                },
                "hasOptions": true,
                "options": {
                    "description": "36 month initial contract with 3 x 24 month extension options to review if there are any suitable alternative providers in the future."
                },
                "status": "cancelled"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "UKF11"
                    },
                    {
                        "region": "UKF11"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "procurementMethod": "limited",
        "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
        "procurementMethodRationaleClassifications": [
            {
                "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
                "id": "D_OUTSIDE_SCOPE",
                "description": "The procurement falls outside the scope of application of the directive"
            }
        ],
        "procurementMethodRationale": "Only one possible provider to meet all requirements has been identified. Derby Homes Ltd posted a VEAT notice to confirm no other options exist following our due diligence, to be transparent about action taken and why. The contract term will allow a competitive process in the future if alternatives exist which we have otherwise been unable to identify or develop in the future."
    },
    "awards": [
        {
            "id": "002937-2023-1",
            "relatedLots": [
                "1"
            ],
            "status": "active",
            "suppliers": [
                {
                    "id": "GB-COH-02023982",
                    "name": "Advice UK"
                }
            ]
        },
        {
            "id": "028125-2023-1",
            "relatedLots": [
                "1"
            ],
            "status": "active",
            "suppliers": [
                {
                    "id": "GB-COH-02023982",
                    "name": "Advice UK"
                }
            ]
        }
    ],
    "parties": [
        {
            "id": "GB-COH-04380984",
            "name": "DERBY HOMES LTD",
            "identifier": {
                "legalName": "DERBY HOMES LTD",
                "id": "04380984",
                "scheme": "GB-COH"
            },
            "address": {
                "streetAddress": "839 London Road",
                "locality": "Derby",
                "region": "UKF11",
                "postalCode": "DE24 8UZ",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Andrew Grover",
                "telephone": "+44 1332255223",
                "email": "DH-Procurement@derbyhomes.org"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "http://www.derbyhomes.org",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "BODY_PUBLIC",
                        "description": "Body governed by public law"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "06",
                        "description": "Housing and community amenities"
                    }
                ]
            }
        },
        {
            "id": "GB-COH-02023982",
            "name": "Advice UK",
            "identifier": {
                "legalName": "Advice UK",
                "id": "02023982",
                "scheme": "GB-COH"
            },
            "address": {
                "streetAddress": "101e Universal House, 88-94 Wentworth Street",
                "locality": "London",
                "region": "UKI",
                "postalCode": "E1 7SA",
                "countryName": "United Kingdom"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "sme"
            }
        },
        {
            "id": "GB-FTS-74080",
            "name": "Derby Homes Limited",
            "identifier": {
                "legalName": "Derby Homes Limited"
            },
            "address": {
                "streetAddress": "839 London Road",
                "locality": "Derby",
                "postalCode": "DE24 8UZ",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "telephone": "+44 1332255223",
                "email": "DH-Procurement@derbyhomes.org"
            },
            "roles": [
                "reviewBody"
            ],
            "details": {
                "url": "http://www.derbyhomes.org"
            }
        }
    ],
    "buyer": {
        "id": "GB-COH-04380984",
        "name": "DERBY HOMES LTD"
    },
    "contracts": [
        {
            "id": "002937-2023-1",
            "awardID": "002937-2023-1",
            "status": "active",
            "value": {
                "amount": 129742,
                "currency": "GBP"
            },
            "dateSigned": "2023-01-31T00:00:00Z"
        },
        {
            "id": "028125-2023-1",
            "awardID": "028125-2023-1",
            "status": "active",
            "value": {
                "amount": 129742,
                "currency": "GBP"
            },
            "dateSigned": "2023-07-05T00:00:00+01:00"
        }
    ],
    "language": "en",
    "bids": {
        "statistics": [
            {
                "id": "1",
                "measure": "bids",
                "relatedLot": "1",
                "value": 1
            },
            {
                "id": "2",
                "measure": "smeBids",
                "relatedLot": "1",
                "value": 1
            }
        ]
    }
}