Award

Innovation Finance Evidence Pack

DEPARTMENT FOR SCIENCE, INNOVATION & TECHNOLOGY

This public procurement record has 2 releases in its history.

Award

13 Jan 2026 at 11:22

UK7 - Contract Details Notice
Award

19 Dec 2025 at 17:02

UK6 - Contract Award Notice
Summary of the contracting process

The Department for Science, Innovation & Technology has successfully completed a procurement process for the "Innovation Finance Evidence Pack", a project aimed at enhancing UK finance access insights. The procurement, classified under services in the data services industry, was conducted through a direct method without competition due to its below-threshold value. The project's location is based in the United Kingdom, with its main delivery period spanning from 13th January 2026 to 31st March 2026. The contract was awarded to Dealroom.co, a Netherlands-based large-scale supplier, as the process reached its completion on 13th January 2026.

This contract represents a significant opportunity for businesses specialising in data services. While the direct procurement method indicates a specific requirement that only a few providers like Dealroom.co can fulfil, it also highlights the strategic value of such expertise. Companies capable of delivering high-quality, novel insights and analysis within the UK finance sector could find similar opportunities beneficial for growth, particularly if they focus on unique metrics and analysis tailored for government needs. Large-scale enterprises with a strong foothold in data and analytics would be well-suited to pursue similar public sector contracts.

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Notice Information

Notice Title

Innovation Finance Evidence Pack

Notice Description

This evidence pack provides updated analysis to build on previous evidence published for CST on GOV.UK. It serves as a key resource for briefings, reports, and ministerial communications on UK investments across DSIT. The proposed work delivers novel and unique insights that are critical for ministers to reference publicly and to strengthen the evidence base on access to finance in the UK. Following a review of alternative investment data providers, DSIT have determined that this is the only supplier capable of delivering the specific metrics and analysis required for this evidence pack. VAT is not applied.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05faed
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/002566-2026
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72300000 - Data services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£16,000 Under £100K
Contracts Value
£16,000 Under £100K

Notice Dates

Publication Date
13 Jan 20261 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
19 Dec 20252 months ago
Contract Period
13 Jan 2026 - 31 Mar 2026 1-6 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
DEPARTMENT FOR SCIENCE, INNOVATION & TECHNOLOGY
Contact Name
Not specified
Contact Email
sigcommercialapprovals@dsit.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 2EG
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

DEALROOM.CO

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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