Award

Credit Rating Agencies

CLARION HOUSING GROUP

This public procurement record has 1 release in its history.

Award

05 Jun 2025 at 11:50

UK7 - Contract Details Notice
Summary of the contracting process

The procurement process, led by Clarion Housing Group, centered on acquiring services from credit rating agencies for treasury purposes. The contract is titled "Credit Rating Agencies" and falls under the financial and insurance services industry category. This procurement is vital for providing a comprehensive financial overview by leveraging insights from multiple credit agencies, namely S&P Global Ratings, Moody's, and Fitch. Based in London, the contracting process commenced on 28th February 2025 and runs through to 31st March 2026, with an award date of 5th June 2025. The procurement method used was direct, falling below the threshold and executed without competition, marking the award and contract as complete.

This tender presents significant opportunities for growth for businesses engaged in financial analysis and consultancy. Credible credit rating agencies can gain valuable long-term partnerships with Clarion Housing Group, a notable public authority under sub-central government classification. Companies who specialize in providing diverse credit rating services and have the capability to offer a comprehensive financial evaluation are well-positioned to benefit from such a contract. The need for leveraging multiple agencies to mitigate risks associated with relying on a single entity underscores opportunities for businesses capable of providing superior financial insights. Large-scale suppliers, such as Moody's, Fitch, and S&P Global Ratings, highlight the trend towards substantial business transactions within this sector.

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Notice Information

Notice Title

Credit Rating Agencies

Notice Description

Credit rating agencies for treasury purposes. Relying on a single credit agency poses significant risks. Clarion must leverage insights from multiple agencies to ensure a well-rounded understanding of our financial status. Adopting a three-agency approach is essential for a comprehensive view of my financial standing, and it will undoubtedly work to my advantage. Awarded to three agencies: S&P Global Ratings, Moody's, and Fitch.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-054383
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030215-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£150,000 £100K-£500K

Notice Dates

Publication Date
5 Jun 20258 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
28 Feb 202512 months ago
Contract Period
31 Mar 2025 - 31 Mar 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
CLARION HOUSING GROUP
Contact Name
Aivars Kalvans
Contact Email
aivars.kalvans@clarionhg.com
Contact Phone
02038400069

Buyer Location

Locality
LONDON
Postcode
NW1 7QX
Post Town
North West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
Not specified
Local Authority
Camden
Electoral Ward
Regent's Park
Westminster Constituency
Holborn and St Pancras

Supplier Information

Number of Suppliers
3
Supplier Names

FITCH

MOODY’S

S&P GLOBAL RATINGS

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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