This public procurement record has 1 release in its history.

AwardUpdate

22 Jul 2025 at 11:23

Summary of the contracting process

The Ministry of Justice in the United Kingdom is the contracting authority for a procurement process focusing on financial and insurance services, with Experian Ltd named as the awarded supplier. The contract is to validate supplier bank details on setup request forms and will run until 19 June 2027. This service falls under the 'services' category and operates in the UK region. The procurement process has advanced to the contract update stage, with the contract signed on 16 June 2025. This contract, valued at £74,715, includes a two-year extension reflecting the requirement for additional services.

This tender provides evident opportunities for businesses involved in financial and insurance services, particularly those specialising in data validation and supplier verification solutions. Companies with expertise in these areas can leverage such contracts to increase their market presence and secure long-term engagements. Large-scale organisations that are capable of offering comprehensive services to government departments, such as the Ministry of Justice, stand to gain the most from participating in such tenders.

How relevant is this notice?

Notice Title

29886

Notice Description

Lot Information

Lot 1

To validate supplier bank details provided on setup request forms to ensure assurance that details are accurate.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-056397
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/041905-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
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
£74,715 Under £100K

Notice Dates

Publication Date
22 Jul 20251 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
16 Jun 20251 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
Ministry of Justice
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
Not specified
Postcode Area
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

Supplier Information

Number of Suppliers
1
Supplier Name

Experian Ltd

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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