This public procurement record has 1 release in its history.

Award

22 Jun 2026 at 11:58

Summary of the contracting process

The procurement process for the Lendology annual subscription 2026/27 was initiated by Somerset Council, based in Taunton, United Kingdom. This contract falls under the industry category of services, specifically subscription services, and was awarded directly without competition, as it was below the threshold. The process has reached the award stage, becoming active on 1st April 2026, and will conclude on 31st March 2027. The procurement is legally based on legislation UKPGA 2023/54 and took place within the UKK23 region, Taunton. This service contract is valued at £37,573 gross (£31,310 net). Key dates include the signing of the contract on 31st March 2026 and the publication of the contract notice on 22nd June 2026.

This tender offers significant opportunities for small and medium enterprises (SMEs), particularly those capable of providing subscription services, as demonstrated by the awarded supplier, LENDOLOGY CIC. Given the direct procurement method without a competitive bidding process, similar entities engaged in the provision of finance or administrative services could find growth opportunities through collaborations or future engagements with public authorities. Businesses located in or familiar with the UKK23 region may also be well-suited to fulfil similar contracts, thereby facilitating regional economic development and strengthening ties with local government bodies like Somerset Council.

How relevant is this notice?

Notice Title

Lendology annual subscription 2026/27

Notice Description

Lendology annual subscription 2026/27- Funding/Subscription fees

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06ba0e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/058485-2026
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79980000 - Subscription services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£31,310 Under £100K

Notice Dates

Publication Date
22 Jun 20262 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Mar 20262 months ago
Contract Period
31 Mar 2026 - 31 Mar 2027 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
SOMERSET COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
TAUNTON
Postcode
TA1 4DY
Post Town
Taunton
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK62 Somerset
Delivery Location
Not specified

Local Authority
Somerset
Electoral Ward
Bishop's Hull & Taunton West
Westminster Constituency
Taunton and Wellington

Supplier Information

Number of Suppliers
1
Supplier Name

LENDOLOGY

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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