Award

ODD Technology Solution

PENSION PROTECTION FUND

This public procurement record has 1 release in its history.

Award

18 Dec 2025 at 13:05

Summary of the contracting process

The Pension Protection Fund (PPF), located in Croydon, UK, has completed a contracting process for the digitisation and enhancement of their annual investment manager monitoring through an Operational Due Diligence (ODD) technology solution. The procurement title is "ODD Technology Solution," and the contract was awarded on 18th December 2025. This procurement falls under the category of compliance software package, pertaining to the goods industry sector. The procurement method was limited competition, below threshold, indicating a targeted approach to suppliers.

The awarded contract to Dasseti Inc., a large-scale supplier from New York, provides an opportunity for businesses specialising in compliance software packages and digital evolution solutions to align with government-driven digital transformation initiatives. The procurement will likely interest companies that deliver innovative efficiency and time-saving solutions, particularly those focusing on enhancing value-add activities in financial management settings. Through this contract, businesses capable of streamlining investment management processes stand to benefit from the potential for collaboration and showcasing their technologies within a public authority framework.

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Notice Title

ODD Technology Solution

Notice Description

The PPF outsources a significant portion of its investment management requirements to external third party investment managers. This solution will digitise, streamline and enhance our current annual manager monitoring process by implementing an ODD technology solution. The objective is centered on time saving and efficiency, so that the team can be focused on the 'value-add' activities. The implementation of a due diligence solution is very much seen as an evolution of the ODD programme.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05f919
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/084366-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48170000 - Compliance software package

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£122,544 £100K-£500K

Notice Dates

Publication Date
18 Dec 20252 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
18 Dec 20252 months ago
Contract Period
18 Dec 2025 - 17 Dec 2028 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
PENSION PROTECTION FUND
Contact Name
Not specified
Contact Email
commercialservices@ppf.co.uk
Contact Phone
Not specified

Buyer Location

Locality
CROYDON
Postcode
CR0 2NA
Post Town
Croydon
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
Not specified

Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
1
Supplier Name

DASSETI

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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