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Cryptoasset Investigation Services

H M Revenue & Customs

This public procurement record has 8 releases in its history.

Award

16 Oct 2024 at 12:33

Award Notice
Award

19 Apr 2024 at 10:58

Award Notice
TenderUpdate

02 Nov 2023 at 10:39

Tender Notice
Tender

20 Oct 2023 at 16:05

Tender Notice
TenderUpdate

28 Jun 2023 at 15:15

Tender Notice
TenderUpdate

27 Jun 2023 at 17:16

Tender Notice
TenderUpdate

27 Jun 2023 at 11:43

Tender Notice
Planning

27 Jun 2023 at 08:39

Planning Notice
Summary of the contracting process

HM Revenue & Customs (HMRC) has completed a procurement process for Cryptoasset Investigation Services, awarding a contract to Chainalysis UK Ltd. This procurement falls under the "IT services: consulting, software development, Internet and support" category and includes elements such as investigative support and associated training. The contract was awarded through an open procedure as per the regulations specified in the legal basis, with the award date being 25 March 2024 and an initial contract value of £477,650. The contract also allows for an extension by a further year, at HMRC's discretion, with services to be delivered across the UK.

This procurement opens significant opportunities for firms specialising in IT services, particularly those offering secure and sophisticated software for cryptoasset investigations. Businesses that provide innovative investigative tools, analytical software packages, and training services will be well-positioned to benefit. The focus on quality, social value, and cost within the award criteria indicates that companies capable of delivering high-quality, socially responsible, and cost-effective solutions will have a competitive edge in securing such government contracts in the future.

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Notice Information

Notice Title

Cryptoasset Investigation Services

Notice Description

HMRC have carried out a procurement exercise for cryptoasset investigation services and, following the completion of the process, have awarded a contract for the supply of these services.

Lot Information

Lot 1

Supply of Cryptoasset Investigation Services via an online solution. Investigative support. Associated training.

Options: There is an option to extend the contract by a further year, exercisable by HMRC only.

Renewal: 12 month initial term with 12 month optional extension period

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03dcb1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/033347-2024
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

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

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

48461000 - Analytical or scientific software package

72000000 - IT services: consulting, software development, Internet and support

72268000 - Software supply services

79700000 - Investigation and security services

Notice Value(s)

Tender Value
£2,029,500 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£765,650 £500K-£1M

Notice Dates

Publication Date
16 Oct 20241 years ago
Submission Deadline
17 Nov 2023Expired
Future Notice Date
1 Aug 2023Expired
Award Date
21 Mar 20242 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
H M Revenue & Customs
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BOLTON
Postcode
SW1A 2BQ
Postcode Area
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
2
Supplier Names

Chainalysis UK Ltd

TRM Labs Inc.

Further Information

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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