---
title: "Investment Management System (\"IMS\")"
ocid: "ocds-b5fd17-cdc70b68-9160-4508-88a5-f24b7c5b9a6c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-cdc70b68-9160-4508-88a5-f24b7c5b9a6c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-cdc70b68-9160-4508-88a5-f24b7c5b9a6c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-cdc70b68-9160-4508-88a5-f24b7c5b9a6c.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BRITISH BUSINESS BANK"
published: "2023-04-05"
---

# Investment Management System ("IMS")

Buyer: BRITISH BUSINESS BANK  
Current stage: Award  
OCID: ocds-b5fd17-cdc70b68-9160-4508-88a5-f24b7c5b9a6c

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-cdc70b68-9160-4508-88a5-f24b7c5b9a6c)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-cdc70b68-9160-4508-88a5-f24b7c5b9a6c.json)

## Summary

The British Business Bank has awarded a contract for an Investment Management System to eFront Limited. The system covers the full investment administration cycle of its debt and equity portfolio. The contract value is £890,000, with a contract start date of April 3, 2023, and an end date of April 2, 2027. The procurement process was conducted using an exemption regulation to allow a negotiated procedure without prior publication, due to competition absence for technical reasons.

This tender provides an opportunity for businesses in IT services, consulting, software development, and support sectors. Small and medium-sized enterprises (SMEs) are particularly suited to compete for this contract. The implementation, migration support, professional services, licensing, and maintenance aspects of the Investment Management System project present growth opportunities for eligible businesses seeking to provide services in this industry category.

## Notice

The Authority has awarded an investment management system ("IMS") contract ("Contract") to BlackRock, relying on the exemption in Regulation 32(2)(b)(ii) of the Public Contracts Regulations 2015 to use the negotiated procedure without prior publication, on the basis that competition is absent for technical reasons. The IMS will allow the Authority to manage the full investment administration cycle of its debt and equity portfolio ("Portfolio"). The Contract covers implementation, migration support, professional services, licensing, and maintenance.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/dbdf7a47-99d0-40e8-b42a-4f60013a67c6 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Apr 2023 |
| Submission deadline | 30 Mar 2023 |
| Future notice date | Not specified |
| Award date | 30 Mar 2023 |
| Contract period | 2 Apr 2023 - 2 Apr 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £890,000 |
| Lots value | Not specified |
| Awards value | £890,000 |
| 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 | BRITISH BUSINESS BANK |
| Locality | SHEFFIELD |
| Post town | Sheffield |
| Postcode | S1 2GQ |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE3 South Yorkshire |
| ITL 3 | TLE32 Sheffield |
| Local authority | Sheffield |
| Electoral ward | City |
| Westminster constituency | Sheffield Central |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | EFRONT |

## CPV Codes

### Divisions

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

### Codes

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

## Release History

- 5 Apr 2023 at 14:50 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/dbdf7a47-99d0-40e8-b42a-4f60013a67c6

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/dbdf7a47-99d0-40e8-b42a-4f60013a67c6
  5th April 2023 - Awarded contract notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=773905003
  Please follow this link to view the notice.

## 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-cdc70b68-9160-4508-88a5-f24b7c5b9a6c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-cdc70b68-9160-4508-88a5-f24b7c5b9a6c.json.