Award

RiskRecon by Master card for 2 year contract

THE OPEN UNIVERSITY

This public procurement record has 1 release in its history.

Award

04 Feb 2026 at 10:33

Summary of the contracting process

The Open University, a sub-central government public authority located in Milton Keynes, United Kingdom, has completed a procurement process titled "RiskRecon by Mastercard for 2 year contract" in the services industry category. The tender focused on IT services, including consulting, software development, internet, and support, and involved setting up, configuring, testing, training, and providing technical support for 70 advisor licenses with unlimited user access. The procurement process was classified as "Below threshold - unknown" and reached the award stage, with the contract being signed on 8th December 2025. The contract period runs from 8th December 2025 to 30th November 2027, with a gross value of £63,225.12. Mastercard Europe SA, based in Belgium, was awarded the contract as the supplier.

This tender presents a lucrative opportunity for businesses specialising in IT services, particularly those with expertise in software development, consulting, and technical support. Companies that can provide advanced technical setups, configuration, and comprehensive training services will find this contract beneficial for growth. While Mastercard Europe SA has been successful in securing this contract, similar businesses that can deliver high-quality service in a cost-effective manner, perhaps with a focus on innovative IT solutions, should consider future opportunities with The Open University and similar public authorities seeking to leverage technology for operational enhancements.

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Notice Title

RiskRecon by Master card for 2 year contract

Notice Description

70 advisor licenses - unlimited user access from subscribing organization; setup, configuration, testing, and training; and technical support

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-064696
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/009833-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
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
Not specified
Contracts Value
£49,577 Under £100K

Notice Dates

Publication Date
4 Feb 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
8 Dec 20252 months ago
Contract Period
8 Dec 2025 - 30 Nov 2027 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE OPEN UNIVERSITY
Contact Name
Not specified
Contact Email
finance-tenders@open.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
MILTON KEYNES
Postcode
MK7 6AA
Post Town
Milton Keynes
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ12 Milton Keynes
Delivery Location
Not specified

Local Authority
Milton Keynes
Electoral Ward
Monkston
Westminster Constituency
Milton Keynes Central

Supplier Information

Number of Suppliers
1
Supplier Name

MASTERCARD EUROPE

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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