This public procurement record has 1 release in its history.

Award

15 Oct 2026 at 19:51

Summary of the contracting process

Essex County Council procured a financial risk reporting and analytics service for its procurement function. The tool is intended to track the financial strength and risk of failure of companies with which the council contracts, as well as competitor companies and their parent and subsidiary businesses. This is a software-based financial analysis service, rather than a general accounting or procurement consultancy. The named buying organisation is Essex County Council, based in Chelmsford. The service is for the council’s procurement activity, with delivery recorded in the Essex area of England.

The procurement is complete and the contract has been awarded to Dun & Bradstreet Limited. The council signed the contract on 15 October 2026; the award is recorded as active. The contract runs from 16 October 2026 to 15 October 2029, with a gross value of £64,935. It was a below-threshold procurement, but the specific procedure is recorded as unknown. The requirement was handled as one lot, now complete. The published data does not state award criteria, so no evaluation basis can be reported. The contract is active and has not been reported as cancelled or terminated.

This award demonstrates Essex County Council’s demand for specialist financial risk analytics within procurement: a tool that can monitor contracted suppliers as well as market competitors and corporate parent and subsidiary relationships. A credible future competitor would need a financial information product with company-level coverage and the ability to assess financial strength and failure risk across connected businesses, presented in a form useful to procurement teams. The requirement is a focused software service for one council rather than a broad transformation programme, so suppliers with an established analytics platform and public-sector procurement use cases are the closest fit. The contract was awarded to an established large information-services supplier, indicating that delivery capability and dependable company data are relevant strengths for this requirement.

How relevant is this notice?

Notice Information

Notice Title

Dun and Bradstreet Risk Reporting Tool: AI driven Finance Analytics tool

Notice Description

Dun and Bradstreet Risk Reporting Tool: AI driven Finance Analytics tool used by Procurement to track contracted, market competitor, parent and subsidiary companies' financial strength and risk of failure.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0788f9
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/097685-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72212440 - Financial analysis and accounting software development services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£64,935 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
16 Oct 2026 - 15 Oct 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Essex County 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
CHELMSFORD
Postcode
CM1 1QH
Postcode Area
Chelmsford
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH3 Essex
Small Region (ITL 3)
TLH36 Heart of Essex
Delivery Location
Not specified

Local Authority
Chelmsford
Electoral Ward
Moulsham and Central
Westminster Constituency
Chelmsford

Supplier Information

Number of Suppliers
1
Supplier Name

DUN & BRADSTREET LIMITED

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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