Award

Supply Risk Management Tool

POST OFFICE LIMITED

This public procurement record has 1 release in its history.

Award

03 Jul 2025 at 09:40

Summary of the contracting process

The Post Office Limited has completed the procurement process for a "Supply Risk Management Tool" through a tender initiated to address gaps in its Third-Party Risk Management capabilities. This procurement aligns with the Government Cyber Strategy and the POL CISO Cyber Security Strategy. The contract was awarded to RISK LEDGER LTD., an SME, under the industry category of IT services including consulting and software development. The contract award notice was published on 3rd July 2025. The procurement process followed a "Below threshold - unknown" method, with the contract valued at £120,000 excluding VAT. The service will be delivered across multiple regions in the United Kingdom, with a contract period from 3rd July 2025 to 15th June 2026, and the possibility for a 12-month extension beyond 2027.

This procurement presents significant opportunities for businesses specialising in risk management tools and IT services. Given that the main procurement category involves consulting and support in IT services, businesses providing software platforms and solutions for risk management and supply chain security are particularly well-suited to similar future opportunities. SMEs delivering innovative solutions that align with public sector cyber strategies could find substantial growth by becoming involved in such public contracts, owing to the high demand for robust risk management solutions.

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Notice Title

Supply Risk Management Tool

Notice Description

Provision for a Risk Ledger SaaS platform, a third-party risk management and supply chain security solution. Post Office Limited (POL) is procuring this solution to address urgent gaps in its Third-Party Risk Management (TPRM) capabilities, in line with both the Government Cyber Strategy and the POL CISO Cyber Security Strategy.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05581d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/037031-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
Tender Suitability
Not specified
Awardee Scale
SME

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
£120,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Jul 20257 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Jun 20258 months ago
Contract Period
2 Jul 2025 - 15 Jun 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
POST OFFICE LIMITED
Contact Name
Not specified
Contact Email
procurement@postoffice.co.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
EC2V 7ER
Post Town
Central 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
City of London
Electoral Ward
Bassishaw
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

RISK LEDGER

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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