---
title: "Verisk Licence"
ocid: "ocds-b5fd17-98192073-1548-4732-899d-e7556ff6d71d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-98192073-1548-4732-899d-e7556ff6d71d"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-98192073-1548-4732-899d-e7556ff6d71d.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-98192073-1548-4732-899d-e7556ff6d71d.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "POOL RE SERVICES LIMITED"
published: "2024-07-23"
---

# Verisk Licence

Buyer: POOL RE SERVICES LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-98192073-1548-4732-899d-e7556ff6d71d

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## Summary

Pool Re Services Limited, located in London, has concluded a procurement process for the "Verisk Licence" to secure a UK Buildings dataset essential for various modelling assumptions. The contract falls under the industry category of Analytical, Scientific, Mathematical, or Forecasting Software Packages (CPV 48460000) and is valued at GBP 133,904. The procurement stage is at the Award stage, with the award being made on 5th June 2024. The contract period extends from 30th August 2024 to 30th August 2026. The award notice was published on 23rd July 2024. This procurement is labelled as "Other," indicating that Pool Re requires this specific supplier due to exclusive rights for the software.

This tender presents significant opportunities for businesses specialising in analytical and scientific software, particularly those offering unique or exclusive solutions. Small and medium-sized enterprises (SMEs) can benefit from such procurement processes, as demonstrated by the winning supplier, Business Insight Limited, an SME based in Warwickshire. Companies with niche expertise in software licensing and maintenance, especially those holding exclusive technologies, are well-suited to compete in this and similar tenders, potentially securing long-term contracts with influential buyers like Pool Re Services Limited.

## Notice

Verisk is required for the provision of UK Buildings dataset which is fundamental to a number of modelling assumptions.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/524e0f76-dd96-44f0-9f8d-d7efd2f4324c |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - Pool Re require this Supplier for licensing of this software to ensure that they continue to have access to a required software interface. The Supplier holds exclusive rights to the current system, and are the sole supplier for support and maintenance |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 Jul 2024 |
| Submission deadline | 5 Jun 2024 |
| Future notice date | Not specified |
| Award date | 4 Jun 2024 |
| Contract period | 29 Aug 2024 - 30 Aug 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £133,904 |
| Lots value | Not specified |
| Awards value | £133,904 |
| 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 | POOL RE SERVICES LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC4R 9AF |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Candlewick |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BUSINESS INSIGHT |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48460000 - Analytical, scientific, mathematical or forecasting software package

## Release History

- 23 Jul 2024 at 10:10 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/524e0f76-dd96-44f0-9f8d-d7efd2f4324c

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/524e0f76-dd96-44f0-9f8d-d7efd2f4324c
  23rd July 2024 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.poolre.co.uk

## 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-b5fd17-98192073-1548-4732-899d-e7556ff6d71d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-98192073-1548-4732-899d-e7556ff6d71d.json.