This public procurement record has 1 release in its history.

Award

15 Oct 2026 at 14:07

Summary of the contracting process

UK Research and Innovation (UKRI) requires investment-readiness training sessions. The service is intended to help participants prepare for investment, and is classified as training services. UKRI is the buying organisation; UK Shared Business Services Ltd managed the procurement as its shared service provider. Delivery is specified as taking place in the United Kingdom, with no more precise location stated. The requirement is for a training service rather than goods or construction works. The procurement was handled as a single lot, covering the investment-readiness training requirement. This is a specialised learning and development service for organisations or individuals seeking to improve their readiness to secure investment, rather than a general training programme.

The procurement is complete and the contract has been awarded to FundingHero Ltd. UKRI used a below-threshold limited competition. The contract was signed on 12 October 2026, with an award recorded as active. The contract period runs from 15 October 2026 to 31 March 2027. Its value is £40,765 excluding VAT and £48,918 including VAT. The requirement was awarded as one lot, and the award covers investment-readiness training services delivered in the United Kingdom. The procurement description identifies the service required, but gives no further account of how bids were scored or of specific evaluation criteria. UK Shared Business Services Ltd acted as the procuring entity for UKRI.

For suppliers considering comparable future work for UKRI, this award demonstrates demand for focused investment-readiness training delivered as a service. A credible competitor would need to show that it can design and run training sessions that help participants prepare for investment, with relevant expertise in investment readiness and the ability to deliver to the stated requirement across the United Kingdom. The award went to FundingHero Ltd, a small and medium-sized enterprise, showing that this requirement was fulfilled by an SME. The scale is a single-lot training engagement for a defined contract period, rather than a multi-lot or broader programme. Experience in practical training delivery and a clear fit with investment-readiness outcomes would therefore be relevant when competing for similar work from UKRI.

How relevant is this notice?

Notice Information

Notice Title

CSP26842 - Investment Readiness Training

Notice Description

***** THIS IS A CONTRACT DETAILS NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a limited competition procurement exercise. UK Research & Innovation require Investment Readiness Training Sessions.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-078897
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/097507-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details 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

80 - Education and training services


CPV Codes

80500000 - Training services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£40,765 Under £100K

Notice Dates

Publication Date
15 Oct 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
15 Oct 2026 - 31 Mar 2027 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UK RESEARCH & INNOVATION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWINDON
Postcode
SN2 1FL
Postcode Area
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

FUNDINGHERO LTD

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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