This public procurement record has 1 release in its history.

Award

12 Aug 2026 at 16:52

Summary of the contracting process

Thurrock Council procured a subscription to a finance intelligence toolkit to support its financial planning and budget setting for 2026/27. The requirement is a financial and insurance service, specifically a software or information toolkit subscription rather than physical goods or construction works. Delivery relates to Thurrock Council in Grays, with the procurement recorded for the United Kingdom. The council is the buying organisation and the requirement covered one complete service package. The service is relevant to suppliers providing financial intelligence, local government financial planning tools, budget-setting support or related subscription-based services. It may also suit providers able to supply authoritative financial data and analysis in a format that supports council officers in preparing and reviewing budgets.

The procurement is complete and has been awarded through a direct award below the relevant threshold, without competition. LG FUTURES LIMITED was selected as the supplier on 11 August 2026. The contract was signed on 11 August 2026 and runs from 11 August 2026 to 31 March 2027. Its value is £27,774.98 excluding VAT, or £33,330.98 including VAT. Thurrock Council evaluated and awarded the requirement as a financial and insurance service. The procurement used a single lot, which was completed as part of the award. The contract is recorded as active and covers the Financial Intelligence Toolkit Subscription 26/27. This outcome shows a short-term, below-threshold council purchase made without a competitive tender.

This procurement is commercially relevant to suppliers serving local authorities with financial intelligence products and budget-planning support. A credible competitor would need a finance toolkit that directly helps council teams with budget setting and financial planning, together with reliable content, practical analysis and a subscription model suitable for public-sector use. The selected supplier is a small or medium-sized enterprise, showing that the requirement can be delivered by a specialist provider rather than only by a large corporate technology or consultancy business. Suppliers should be able to explain how their product supports local-government financial decisions, demonstrate dependable service delivery and provide a clear route for council users to access the toolkit and its analysis. Experience with public-sector finance would strengthen their position when a comparable requirement returns to market.

How relevant is this notice?

Notice Title

Finance Intelligence Toolkit Subscription

Notice Description

Subscription to support Thurrock Council financial planning and budget setting for 26/27.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06e304
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/076959-2026
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

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£27,774 Under £100K

Notice Dates

Publication Date
12 Aug 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
11 Aug 20262 weeks ago
Contract Period
11 Aug 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
Thurrock 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
GRAYS
Postcode
RM17 6SL
Postcode Area
Romford
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH3 Essex
Small Region (ITL 3)
TLH32 Thurrock
Delivery Location
Not specified

Local Authority
Thurrock
Electoral Ward
Grays Riverside
Westminster Constituency
Thurrock

Supplier Information

Number of Suppliers
1
Supplier Name

LG FUTURES LIMITED

Further Information

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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