Award

Aptitude Professional Services - IFRS9 Build

UK EXPORT FINANCE

This public procurement record has 1 release in its history.

Award

29 Jan 2026 at 13:29

Summary of the contracting process

UK Export Finance, a central government public authority based in London, is overseeing a procurement process titled "Aptitude Professional Services - IFRS9 Build" within the IT services industry category. The procurement is at the award stage, initiated as a tender with a direct award method due to intellectual property rights held by the supplier. The contract, valued at £996,810 gross, is for professional services to implement an IFRS 9 calculation and accounting solution using Aptitude Software. The contract period begins on 19th February 2026 and ends on 18th February 2027, with the possibility of a six-month extension, covering multiple regions across the United Kingdom.

This tender presents substantial business growth opportunities, especially for businesses involved in IT services, software development, or financial services solutions. Companies with expertise in IFRS implementations and working within the public sector's regulatory frameworks are well-suited to compete. The direct award approach highlights opportunities for businesses that develop and own their intellectual property, particularly those that can offer specialised solutions or bespoke services in response to complex governmental requirements. This contract allows the winning company to showcase its competencies on a national platform alongside enhancing its portfolio through collaboration with a significant governmental finance body.

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

Aptitude Professional Services - IFRS9 Build

Notice Description

Procuring Professional services to complete the implementation of an IFRS 9 calculation and accounting solution using Aptitude Software for UKEF's portfolio of financial services, and meeting the accounting and enterprise design standards.

Procurement Information

The supplier owns the IPR to the software being used to implement the IFRS 9 calculation and accounting solution and are the SMEs for the requirement.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06120d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008049-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK5 - Transparency Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£830,675 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
29 Jan 20263 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
29 Jan 20263 weeks ago
Contract Period
19 Feb 2026 - 18 Feb 2027 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Pending
Contracts Status
Not Specified

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

APTITUDE SOFTWARE

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-06120d-2026-01-29T13:29:20Z",
    "date": "2026-01-29T13:29:20Z",
    "ocid": "ocds-h6vhtk-06120d",
    "initiationType": "tender",
    "parties": [
        {
            "id": "GB-PPON-PWRW-3185-DZTP",
            "name": "UK Export Finance",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PWRW-3185-DZTP"
            },
            "address": {
                "streetAddress": "1 Horse Guards Rd,",
                "locality": "London",
                "postalCode": "SW1A 2HQ",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI32"
            },
            "contactPoint": {
                "email": "commercial@ukexportfinance.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "classifications": [
                    {
                        "id": "publicAuthorityCentralGovernment",
                        "scheme": "UK_CA_TYPE",
                        "description": "Public authority - central government"
                    }
                ]
            }
        },
        {
            "id": "GB-COH-03475849",
            "name": "APTITUDE SOFTWARE LIMITED",
            "identifier": {
                "scheme": "GB-COH",
                "id": "03475849"
            },
            "additionalIdentifiers": [
                {
                    "scheme": "GB-PPON",
                    "id": "PZJR-1283-NCXD"
                }
            ],
            "address": {
                "streetAddress": "8th Floor, 138 Cheapside",
                "locality": "London",
                "postalCode": "EC2V 6BJ",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI31"
            },
            "contactPoint": {
                "email": "henry.cater@aptitudesoftware.com"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "url": "https://www.aptitudesoftware.com/",
                "scale": "large",
                "vcse": false
            }
        }
    ],
    "buyer": {
        "id": "GB-PPON-PWRW-3185-DZTP",
        "name": "UK Export Finance"
    },
    "tender": {
        "id": "UKEF1513",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "Aptitude Professional Services - IFRS9 Build",
        "description": "Procuring Professional services to complete the implementation of an IFRS 9 calculation and accounting solution using Aptitude Software for UKEF's portfolio of financial services, and meeting the accounting and enterprise design standards.",
        "status": "complete",
        "procurementMethod": "direct",
        "procurementMethodDetails": "Direct award",
        "procurementMethodRationale": "The supplier owns the IPR to the software being used to implement the IFRS 9 calculation and accounting solution and are the SMEs for the requirement.",
        "lots": [
            {
                "id": "1",
                "status": "complete"
            }
        ],
        "documents": [
            {
                "id": "conflictOfInterest",
                "documentType": "conflictOfInterest",
                "description": "Not published"
            }
        ],
        "procurementMethodRationaleClassifications": [
            {
                "id": "singleSuppliersIntellectualPropertyExclusiveRights"
            }
        ]
    },
    "awards": [
        {
            "id": "1",
            "status": "pending",
            "value": {
                "amountGross": 996810,
                "amount": 830675,
                "currency": "GBP"
            },
            "mainProcurementCategory": "services",
            "aboveThreshold": true,
            "suppliers": [
                {
                    "id": "GB-COH-03475849",
                    "name": "APTITUDE SOFTWARE LIMITED"
                }
            ],
            "items": [
                {
                    "id": "1",
                    "additionalClassifications": [
                        {
                            "scheme": "CPV",
                            "id": "72000000",
                            "description": "IT services: consulting, software development, Internet and support"
                        }
                    ],
                    "deliveryAddresses": [
                        {
                            "region": "UKC",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        },
                        {
                            "region": "UKD",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        },
                        {
                            "region": "UKE",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        },
                        {
                            "region": "UKF",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        },
                        {
                            "region": "UKG",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        },
                        {
                            "region": "UKH",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        },
                        {
                            "region": "UKI",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        },
                        {
                            "region": "UKJ",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        },
                        {
                            "region": "UKK",
                            "country": "GB",
                            "countryName": "United Kingdom"
                        }
                    ],
                    "relatedLot": "1"
                }
            ],
            "contractPeriod": {
                "startDate": "2026-02-19T00:00:00Z",
                "endDate": "2027-02-18T23:59:59Z",
                "maxExtentDate": "2027-08-18T23:59:59+01:00"
            },
            "hasRenewal": true,
            "renewal": {
                "description": "1 x 6 month extension possible in the event that the delivery of requirements hasn't concluded satisfactorily within the 12 month initial term"
            },
            "relatedLots": [
                "1"
            ],
            "documents": [
                {
                    "id": "008049-2026",
                    "documentType": "awardNotice",
                    "noticeType": "UK5",
                    "description": "Transparency notice on Find a Tender",
                    "url": "https://www.find-tender.service.gov.uk/Notice/008049-2026",
                    "datePublished": "2026-01-29T13:29:20Z",
                    "format": "text/html"
                }
            ],
            "milestones": [
                {
                    "id": "1",
                    "type": "futureSignatureDate",
                    "dueDate": "2026-02-17T23:59:59Z",
                    "status": "scheduled"
                }
            ]
        }
    ],
    "language": "en"
}