Award

Safety Risk Model (SRM) v10 upgrade

RAIL SAFETY AND STANDARDS BOARD

This public procurement record has 1 release in its history.

Award

01 May 2026 at 12:17

UK6 - Contract Award Notice
Summary of the contracting process

The Rail Safety and Standards Board (RSSB), located in London, has successfully completed the procurement stage for the Safety Risk Model (SRM) version 10 upgrade project. The procurement, carried out under a limited method due to its below-threshold status, focuses on IT services within the industry category of consulting, software development, Internet, and support. The contract was awarded on 29th April 2026 to Sotera Risk Solutions Limited, a small to medium enterprise (SME) based in Bromley. The contract period commences on 5th May 2026 and runs until 30th December 2026, with a potential extension up to 30th December 2027 subject to performance and need.

This tender offers substantial opportunities for businesses involved in IT services, particularly those specialising in rail safety and risk management. Companies with expertise in developing risk models and conducting independent quality assurance for safety measures can benefit significantly from such contracts. The engagement provides an excellent platform for SMEs looking to partner with a public undertaking like the RSSB, thus enabling these businesses to demonstrate their capabilities on a larger stage and potentially expand their service offerings within this sector.

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Notice Information

Notice Title

Safety Risk Model (SRM) v10 upgrade

Notice Description

RSSB is updating the Safety Risk Model to version 10 (SRM v10). Most work will be handled internally, but an external supplier is needed for specific tasks in modelling and integration from May to December 2026. Tasks include: 1.Development of escalation factors for the suite of train accident models 2.Development of injury atoms for the suite of train accident models 3.Independent Quality Assurance (QA) review of SRM v10 risk estimates 4.Comparison of SRM v10 with SRM v9 risk estimates 5.Independent QA of SRM v10 dashboard

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06904a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/040493-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
SME

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
£56,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
1 May 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
28 Apr 20262 weeks ago
Contract Period
4 May 2026 - 30 Dec 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
RAIL SAFETY AND STANDARDS BOARD
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC3M 5AD
Post Town
Central 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
City of London
Electoral Ward
Aldgate
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

SOTERA RISK SOLUTIONS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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