---
title: "Provision for Business and Financial Asset Checks"
ocid: "ocds-b5fd17-cf15d369-744a-4138-a5ef-885a7e5d02ec"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-cf15d369-744a-4138-a5ef-885a7e5d02ec"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-cf15d369-744a-4138-a5ef-885a7e5d02ec.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-cf15d369-744a-4138-a5ef-885a7e5d02ec.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR INTERNATIONAL TRADE"
published: "2024-08-21"
---

# Provision for Business and Financial Asset Checks

Buyer: DEPARTMENT FOR INTERNATIONAL TRADE  
Current stage: Award  
OCID: ocds-b5fd17-cf15d369-744a-4138-a5ef-885a7e5d02ec

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## Summary

The Department for International Trade (DIT) has successfully awarded a contract for the provision of business and financial asset checks to Experian Limited. This procurement, classified under Data Management Services (CPV code: 72322000), involves a digital tool aimed at delivering instant business summaries to DIT staff. The contract, valued at GBP 46,750, will be delivered through a web-based portal that provides detailed insights into businesses worldwide, with services being available to regions including the British Oversea Territories, the Channel Islands, Europe, the Isle of Man, the Rest of the World, and the United Kingdom. The procurement method used is selective, specifically through a call-off from a framework agreement. The tender period concluded on 23 July 2024, with the contract commencing on 24 July 2024 and extending until 24 July 2026.

This tender creates significant opportunities for businesses specialising in data management services, particularly those capable of rapid data processing and analysis, such as providers of digital tools and SaaS platforms. Small and medium-sized enterprises (SMEs) can find this contract especially appealing given its suitability for their scale. This contract demonstrates a robust demand for innovative data solutions that can streamline due diligence and risk assessment processes, making it an attractive proposition for firms seeking to expand their government sector footprint and showcase their technological capabilities.

## Notice

The Department of Business and Trade (DBT) has procured a digital tool designed to deliver instant business summaries. This web-based portal provides DBT staff with detailed insights on any business, from sole traders to large international companies, with a maximum turnaround time of 24 hours.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/fb9e4135-8815-435a-a4b7-63d38c69a9f4 |
| 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 |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 21 Aug 2024 |
| Submission deadline | 23 Jul 2024 |
| Future notice date | Not specified |
| Award date | 23 Jul 2024 |
| Contract period | 23 Jul 2024 - 24 Jul 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £46,750 |
| Lots value | Not specified |
| Awards value | £46,750 |
| 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 | DEPARTMENT FOR INTERNATIONAL TRADE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2BL |
| 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 | EXPERIAN |

## CPV Codes

### Divisions

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

### Codes

- 72322000 - Data management services

## Release History

- 21 Aug 2024 at 15:57 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/fb9e4135-8815-435a-a4b7-63d38c69a9f4

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/fb9e4135-8815-435a-a4b7-63d38c69a9f4
  21st August 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/0c22c7d0-0a45-4e25-b9a5-3095ae4bba31
  n/a

## 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-cf15d369-744a-4138-a5ef-885a7e5d02ec. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-cf15d369-744a-4138-a5ef-885a7e5d02ec.json.