This public procurement record has 1 release in its history.

Award

22 Oct 2026 at 11:49

Summary of the contracting process

The Department for Business & Trade bought renewed licences for the Company Watch Platform, an industry-specific software package. It is used to run financial checks on existing suppliers and bidders in procurement exercises, inform future tenders, and provide market information when required. The contract is for platform access rather than a separately described consulting or implementation service. Delivery is in the United Kingdom.

The procurement is complete and the contract is active. The Department awarded the single lot directly to Company Watch Limited, without competition, using a below-threshold procedure. The contract was signed on 15 October 2026 and runs from 15 October 2026 to 14 October 2028. Its value is £12,085.20 excluding tax, or £14,502.24 including tax. The tender was evaluated through a direct award; no separate award criteria are recorded.

This purchase shows demand at the Department for Business & Trade for software that supports financial checks on suppliers and procurement bidders, and provides market intelligence. Company Watch Limited was selected for the platform, so a credible competitor for a similar requirement would need to demonstrate reliable business financial-risk information and practical tools for assessing supplier and bidder financial standing. The system would also need to support procurement teams’ use of that information for future tender planning and market research. The requirement is a platform licence purchase, indicating that suppliers focused solely on bespoke advisory work or unrelated software are less closely aligned.

How relevant is this notice?

Notice Information

Notice Title

Company Watch Platform

Notice Description

Renewal of licences for Company Watch Platform to run financial checks on current suppliers, bidders during procurements, for information for future tenders, and for market information when required.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-078db7
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/099903-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48100000 - Industry specific software package

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£12,085 Under £100K

Notice Dates

Publication Date
22 Oct 20265 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
15 Oct 2026 - 14 Oct 2028 2-3 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
Department for Business and Trade
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
SW1A 2DY
Postcode Area
South West 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
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

COMPANY WATCH LIMITED

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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