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Request for Information (RFI): Supplier & Customer Due Diligence & Know Your Customer Services

UK INFRASTRUCTURE BANK LIMITED

This public procurement record has 5 releases in its history.

PlanningUpdate

28 Oct 2026 at 17:13

UK2 - Preliminary Market Engagement Notice
PlanningUpdate

01 Apr 2026 at 10:07

UK2 - Preliminary Market Engagement Notice
PlanningUpdate

18 Mar 2026 at 11:04

UK2 - Preliminary Market Engagement Notice
PlanningUpdate

10 Mar 2026 at 08:59

UK2 - Preliminary Market Engagement Notice
Planning

09 Mar 2026 at 11:50

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

National Wealth Fund Limited is exploring supplier and customer due diligence and Know Your Customer services to support supplier onboarding, customer screening and compliance. The scope may include supply-chain mapping and checks, Modern Slavery risk assessments, financial-crime screening and KYC checks. The buyer is considering software-as-a-service or tools operated by its own staff, a supplier-managed service with buyer oversight, or a hybrid combining buyer-operated tools with supplier investigation support. Technology, data sources, risk screening and ongoing monitoring are relevant, including environmental, social and governance measures and supply-chain due diligence. The services would support users across finance, risk, procurement, portfolio, banking and impact functions. Delivery is for the National Wealth Fund across the United Kingdom.

This is at the planning stage: the initial request for information has been completed, but there is no invitation to tender and the procurement strategy is not finalised. The buyer intends any further procurement through its Market Data DPS. Suppliers wishing to be considered are recommended to apply to join that DPS by 13 November 2026. The earlier market-engagement response dates were 18 March to 9 April 2026; these were for the completed RFI, not a bid deadline. The planning estimate is £990,000 excluding VAT (£1,188,000 including VAT). One lot is planned, with a service period from 1 May 2027 to 31 August 2029 and a possible extension to 31 August 2030. Dates and values remain indicative and may change.

This is relevant to suppliers able to provide due diligence services, screening data or supporting technology, either as a standalone tool, managed service or hybrid. Useful capabilities include supplier and customer onboarding checks, Know Your Customer and financial-crime screening, supply-chain mapping, Modern Slavery risk assessment and ongoing portfolio monitoring. Providers able to integrate technology and automation with investigations, maintain suitable data sources and address regulatory compliance are well placed to contribute. The buyer is also seeking insight into service models, scalability, innovation and commercial options, so suppliers with flexible delivery and pricing approaches can inform its planning. Small and medium-sized businesses are considered suitable for the planned requirement. The engagement is for market input; participation does not provide an advantage in any later competition.

How relevant is this notice?

Notice Information

Notice Title

Request for Information (RFI): Supplier & Customer Due Diligence & Know Your Customer Services

Notice Description

A request for information to understand the market's capability, innovation, and approaches relating to due diligence activities supporting supplier onboarding, customer screening, and compliance processes for the National Wealth Fund Limited. These services may include, but are not be limited to, on-call supply chain mapping and due diligence checks, Supply chain Modern Slavery risk assessments, Financial Crime screening and Know Your Customer checks. The NWF is looking to consider the delivery models that could provide this service, such as: - SaaS / Tooling only (buyer operated); - Managed Service (supplier operated with buyer oversight) - A Hybrid (Buyer operated Tooling with Supplier support for investigation). Having completed the initial RFI, the National Wealth Fund intends to conduct any further procurement activity for these services through its Market Data DPS. If you wish to be considered for any future opportunity, please ensure that you register on Atamis and submit an application to join the DPS: C0893 Market Data Services: Register on Atamis - https://atamis-3929.my.site.com/s/Welcome Further information on the DPS is available in the published opportunity notice, C0893 Market Data Services https://www.find-tender.service.gov.uk/Notice/003887-2025

Planning Information

The National Wealth Fund ("NWF"), successor to the UK Infrastructure Bank, has been established to drive the nation's growth by creating a stable investment environment and mobilising private capital to align with the UK Government's strategic priorities. As NWF we will support a wider range of sectors beyond infrastructure, aligning with the Government's industrial strategy. NWF have a total capital of £27.8 billion, with at least £5.8 billion dedicated to green hydrogen, carbon capture, ports, gigafactories, and green steel. This aligns with the principle of achieving policy objectives via sound banking. Our private sector function will provide corporate and project finance and invest across the capital structure, including senior debt, mezzanine, guarantees and equity. Our local authority function will lend to local authorities at a preferential rate for high value and strategic projects of at least £5 million National Wealth Fund Limited intends to undertake preliminary market engagement. The Request for Information (RFI) will go live from 12pm Wednesday 18th March 2026, with responses requested by 12pm Thursday 9th April 2026. Responses will be used to inform a potential Request For Proposal (RFP). The purpose of this early engagement is to understand the market's capability, innovation, and approaches relating to due diligence activities supporting supplier onboarding, customer screening, and compliance processes NWF takes a framework first approach. Depending on the outcomes of the RFI, the competition may be run through either a DPS or a CCS framework. The solution(s) & services would need to be capable of supporting our users across finance, risk, procurement, portfolio, banking and impact. RFI Scope (High Level): • Service capability in supplier and customer due diligence - both initial reviews and continual portfolio management • Technology-enabled solutions and automation • Regulatory compliance considerations (e.g., KYC, AML) • Data sources, risk screening approaches, and ongoing monitoring including areas such as Environmental, Social, and Governance metrics and supply chain due diligence • Service models, scalability, and emerging market innovations • Commercial models and options Any dates or values provided as part of this notice are estimates only and are subject to change depending on wider approvals and feedback to the early market engagement. Why We Are Engaging: This information will support National Wealth Fund Limited in understanding current market offerings, identifying innovative and efficient approaches, and informing development of a potential future procurement strategy. Participation in this RFI is voluntary and will not form part of any future evaluation. Next Steps: 1) NWF intends to conduct Early Market Engagement ("EME") with the market through this notice with a view to sharing information and seeking input from the market to inform and shape our procurement plans and approach around w/c 16th March 2026. 2) NWF will provide Suppliers with an opportunity to respond to questions & feedback on a number of documents it intends to release as part of its tender and the proposed tender process and timelines. 3) These documents will be accessed via the live opportunities list on NWF's Atamis eSourcing Portal in accordance with the instructions below in step 6 and completed feedback must be submitted via the eSourcing Portal (Atamis). We expect the documentation to be available from the week commencing the 16th March 2026 with the RFI open for up to two weeks following on from this. The Deadline for RFI responses is 12pm Thursday 9th April. 4) Respondents can indicate whether they are open to a follow up meeting (s) to discuss any of the feedback they provide. Please note that due to time and resource constraints, it may not be possible for NWF to meet with all interested suppliers. In the event that the level of supplier interest in our market engagement activities exceeds our capacity to accommodate individual meetings, we reserve the right to schedule meetings on a first come, first served basis or with a representative sample of those who have submitted requests. NWF takes the view that this will constitute a fair mechanism to ensure that a range of suppliers within the market are represented (e.g., by similar solutions or responses). To ensure transparency and equal treatment, all relevant information shared by NWF with suppliers during these meetings will also be made available to the wider market at a later date. Please note that participation in this engagement will not confer any advantage or preference in relation to any future procurement process Further information will be able to be found in the documents in Atamis. Please be advised that the estimated value of this requirement or timelines cannot be derived until the completion of the Early Market Engagement activities. 5) Interested organisations should note that the procurement strategy and timetable have not been finalised at this stage. NWF will collate and analyse the responses received to decide on its final requirements and tender documents and they may also be used to develop and scope the procurement strategy and process ahead of a final decision on the procurement strategy, timetable, and content of the procurement documentation being made. NWF is not obliged or guaranteed to incorporate any or all feedback received into any subsequent Tender and this market engagement exercise does not constitute a commitment to undertake any procurement activity. Any such procurement activity may divide the scope into lots / service areas for bidding purposes and/or carve out some elements of the service scope and procure these separately or to pursue in-house solutions or award as one contract. 6) To access, please register on Atamis, available on the following link:  https://atamis-3929.my.site.com/s/Welcome and send an email to Procurement@nationalwealthfund.org.uk to be included and once the early market engagement activity begins, we will add you to the event to view the documentation. This will then be visible on the 'View our Live Opportunities' from the home page on Atamis. If you are not already registered on the system, you will need to do so before gaining full access to the documentation and being able to submit your response. Any queries at this stage should be sent to Procurement@nationalwealthfund.org.uk Having completed the initial RFI, the National Wealth Fund intends to conduct any further procurement activity for these services through its Market Data DPS. If you wish to be considered for any future opportunity, please ensure that you register on Atamis and submit an application to join the DPS: C0893 Market Data Services: Register on Atamis - https://atamis-3929.my.site.com/s/Welcome Further information on the DPS is available in the published opportunity notice, C0893 Market Data Services https://www.find-tender.service.gov.uk/Notice/003887-2025

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-066530
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/102313-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

73 - Research and development services and related consultancy services

CPV Codes

48000000 - Software package and information systems

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£990,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
28 Oct 20265 days ago
Submission Deadline
Not specified
Future Notice Date
4 May 2026Expired
Award Date
Not specified
Contract Period
1 May 2027 - 31 Aug 2029 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UK INFRASTRUCTURE BANK LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 4HR
Postcode Area
Leeds
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified
Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

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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