Award

Understanding and mapping UK investment flows via intermediary jurisdictions

DEPARTMENT FOR BUSINESS & TRADE

This public procurement record has 1 release in its history.

Award

10 Dec 2025 at 15:52

Summary of the contracting process

The Department for Business & Trade, located in London, United Kingdom, has completed the procurement process for the project titled "Understanding and mapping UK investment flows via intermediary jurisdictions." This contract, which falls under the services category, specifically within research and development consultancy, was awarded directly to Iconomist without competition, as it was below the procurement threshold. The contract commenced on 4th December 2025 and will run until 31st March 2026, with a gross value of £72,000. The procurement was based on legal provisions from the UKPGA 2023/54.

This tender presents significant growth opportunities for businesses specialising in research and development services, particularly those focused on financial and investment consultancy. Small and medium enterprises (SMEs), given the successful award to Iconomist, an SME based in London, could find similar opportunities valuable for expanding their service reach and expertise in financial research. The procurement method illustrates the potential for obtaining direct contracts even below threshold limits, making it an attractive avenue for SMEs looking to collaborate effectively with central government entities like the Department for Business & Trade.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Understanding and mapping UK investment flows via intermediary jurisdictions

Notice Description

DBT requires this supplier to undertake understanding and mapping UK investment flows via intermediary jurisdictions for PS60000 excl VAT by report

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05f30e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/081635-2025
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

73 - Research and development services and related consultancy services


CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£60,000 Under £100K

Notice Dates

Publication Date
10 Dec 20252 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
4 Dec 20252 months ago
Contract Period
4 Dec 2025 - 31 Mar 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR BUSINESS & TRADE
Contact Name
Not specified
Contact Email
commercialresearchandconsultancy@businessandtrade.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 2DY
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

ICONOMIST

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-05f30e-2025-12-10T15:52:46Z",
    "date": "2025-12-10T15:52:46Z",
    "ocid": "ocds-h6vhtk-05f30e",
    "initiationType": "tender",
    "parties": [
        {
            "id": "GB-PPON-PZZJ-6312-QTTD",
            "name": "Department for Business & Trade",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PZZJ-6312-QTTD"
            },
            "address": {
                "streetAddress": "Old Admiralty Building",
                "locality": "London",
                "postalCode": "SW1A 2DY",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI32"
            },
            "contactPoint": {
                "email": "commercialresearchandconsultancy@businessandtrade.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.gov.uk/government/organisations/department-for-business-and-trade",
                "classifications": [
                    {
                        "id": "publicAuthorityCentralGovernment",
                        "scheme": "UK_CA_TYPE",
                        "description": "Public authority - central government"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-168801",
            "name": "Iconomist",
            "address": {
                "streetAddress": "7 Bell Yard",
                "locality": "London",
                "postalCode": "WC2A 2JR",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI32"
            },
            "contactPoint": {
                "email": "richard@iconomist.me"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "url": "https://the-iconomist.net/",
                "scale": "sme",
                "vcse": false
            }
        }
    ],
    "buyer": {
        "id": "GB-PPON-PZZJ-6312-QTTD",
        "name": "Department for Business & Trade"
    },
    "tender": {
        "id": "PR_5078",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "Understanding and mapping UK investment flows via intermediary jurisdictions",
        "description": "DBT requires this supplier to undertake understanding and mapping UK investment flows via intermediary jurisdictions for PS60000 excl VAT by report",
        "status": "complete",
        "procurementMethod": "direct",
        "procurementMethodDetails": "Below threshold - without competition",
        "lots": [
            {
                "id": "1",
                "status": "complete"
            }
        ]
    },
    "awards": [
        {
            "id": "1",
            "status": "active",
            "mainProcurementCategory": "services",
            "suppliers": [
                {
                    "id": "GB-FTS-168801",
                    "name": "Iconomist"
                }
            ],
            "items": [
                {
                    "id": "1",
                    "additionalClassifications": [
                        {
                            "scheme": "CPV",
                            "id": "73000000",
                            "description": "Research and development services and related consultancy services"
                        }
                    ],
                    "deliveryAddresses": [
                        {
                            "region": "UK",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        }
                    ],
                    "relatedLot": "1"
                }
            ],
            "relatedLots": [
                "1"
            ]
        }
    ],
    "contracts": [
        {
            "id": "1",
            "awardID": "1",
            "status": "active",
            "period": {
                "startDate": "2025-12-04T00:00:00+00:00",
                "endDate": "2026-03-31T23:59:59+01:00"
            },
            "value": {
                "amountGross": 72000,
                "amount": 60000,
                "currency": "GBP"
            },
            "aboveThreshold": false,
            "dateSigned": "2025-12-04T00:00:00+00:00",
            "documents": [
                {
                    "id": "081635-2025",
                    "documentType": "contractNotice",
                    "noticeType": "UK7",
                    "description": "Contract details notice on Find a Tender",
                    "url": "https://www.find-tender.service.gov.uk/Notice/081635-2025",
                    "datePublished": "2025-12-10T15:52:46Z",
                    "format": "text/html"
                }
            ]
        }
    ],
    "language": "en"
}