---
title: "Portfolio Management Solution"
ocid: "ocds-b5fd17-952b9fe9-2975-4078-ae62-56907cba6a2c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-952b9fe9-2975-4078-ae62-56907cba6a2c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-952b9fe9-2975-4078-ae62-56907cba6a2c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-952b9fe9-2975-4078-ae62-56907cba6a2c.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BUSINESS ENERGY AND INDUSTRIAL STRATEGY"
published: "2021-04-16"
---

# Portfolio Management Solution

Buyer: BUSINESS ENERGY AND INDUSTRIAL STRATEGY  
Current stage: Award  
OCID: ocds-b5fd17-952b9fe9-2975-4078-ae62-56907cba6a2c

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-952b9fe9-2975-4078-ae62-56907cba6a2c)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-952b9fe9-2975-4078-ae62-56907cba6a2c.json)

## Summary

The Business Energy and Industrial Strategy is seeking a Portfolio Management Solution through a selective procurement process, aiming to enhance project management across its defined six-stage lifecycle. The contract, valued at £186,629, is scheduled to commence on 1st April 2021 and will run until 31st March 2023. The tender period ended on 18th March 2021, with the award date recorded as 1st April 2021. The contract involves IT services related to consulting and software development and is located in London, with delivery addresses in the SW1H postal code area.

This tender presents an excellent opportunity for small and medium enterprises (SMEs) specialised in IT services, particularly those with experience in software development and project management solutions. Companies capable of providing intuitive and configurable systems that can integrate with third-party platforms such as SharePoint and Microsoft Teams would be especially well-suited to compete. The emphasis on enhancing financial tracking, real-time reporting, and user permission management highlights the potential for SMEs to expand their service offerings in the growing public sector market.

## Notice

* Configurable system that is intuitive and easy to use. * Manage, track and report on programmes and projects across our defined 6 stage project lifecycle; from inception and business case stage through to delivery and closure. * Enter Project specific data to be able to track and report on Milestones, Finances, Earned Value, Risks, Decisions, Deliverables and Locations for each Project. * Key data to be aggregated from project level to programme level to portfolio level for reporting purposes, providing real-time programme and portfolio level dashboards. * Key data fields stay connected to the programmes and projects as they move along the project lifecycle. * Record and track portfolio finances at a Project, Programme and Portfolio level. * Report on trends across a portfolio of projects reporting on the movement of projects in between project lifecycle stages. * Provide a benefits plan and dashboard showing the value of all projects delivered across the portfolio. * Provide customised workflows that can manage a process of approvals and stage gates during the project lifecycle. * Setting individual user permissions and access rights. * Consistent templates to be generated and used as projects move along the lifecycle. * Integrate with 3rd party software. For example: SharePoint, Excel and Microsoft Teams. * A secure platform meeting recognised government standards. * Annual maintenance and future development

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/2d05c1df-0319-4507-985b-de3e4238aeb7 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME, VCSE |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Apr 2021 |
| Submission deadline | 18 Mar 2021 |
| Future notice date | Not specified |
| Award date | 31 Mar 2021 |
| Contract period | 31 Mar 2021 - 31 Mar 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £186,629 |
| Lots value | Not specified |
| Awards value | £186,629 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BUSINESS ENERGY AND INDUSTRIAL STRATEGY |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1H 0ET |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ICOTECH GROUP |

## CPV Codes

### Divisions

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

### Codes

- 72000000 - IT services: consulting, software development, Internet and support

## Release History

- 16 Apr 2021 at 13:19 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/2d05c1df-0319-4507-985b-de3e4238aeb7

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/2d05c1df-0319-4507-985b-de3e4238aeb7
  16th April 2021 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-952b9fe9-2975-4078-ae62-56907cba6a2c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-952b9fe9-2975-4078-ae62-56907cba6a2c.json.