Award

Financial software support

UK EXPORT FINANCE

This public procurement record has 1 release in its history.

Award

19 Nov 2025 at 07:56

UK7 - Contract Details Notice
Summary of the contracting process

The procurement process, managed by UK Export Finance, entailed the award of a contract for "Financial software support," aimed at providing ongoing support for a financial software system. The industry category is software support services, with a focus on central government operations. Located in London, the buying organisation maintains a classification as a central government public authority. This procurement has been completed under a direct procurement method, categorised as below threshold without competition. Notably, the contract became active on 12th November 2025 and is scheduled to last until 11th November 2026, with potential renewal for an additional six months. The award, valued at £60,000 gross, was documented in a contract notice published on 19th November 2025.

This tender presents substantial opportunities for businesses specialising in financial software support services. It is particularly well-suited for SMEs like Millennium Business Technology, which was selected as the supplier. Engaging in such contracts could prove advantageous for companies capable of delivering high-quality support services to government bodies, thereby enhancing their portfolios and gaining experience with prestigious clients. The central government as a client offers a stable and credible avenue for business growth, making this an appealing prospect for entities in the software services sector looking to expand their reach and expertise in public sector procurements.

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Notice Information

Notice Title

Financial software support

Notice Description

On-going support for the financial software system

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05e3dd
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/075009-2025
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72261000 - Software support services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£50,000 Under £100K

Notice Dates

Publication Date
19 Nov 20253 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
12 Nov 20253 months ago
Contract Period
12 Nov 2025 - 11 Nov 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
UK EXPORT FINANCE
Contact Name
Not specified
Contact Email
commercial@ukexportfinance.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 2HQ
Post Town
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
1
Supplier Name

MILLENNIUM BUSINESS TECHNOLOGY

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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