---
title: "Credit Rating Benchmarking Tool"
ocid: "ocds-b5fd17-db7fe39d-b4a7-46ee-837a-d48a5de1be6a"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-db7fe39d-b4a7-46ee-837a-d48a5de1be6a"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-db7fe39d-b4a7-46ee-837a-d48a5de1be6a.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-db7fe39d-b4a7-46ee-837a-d48a5de1be6a.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "H M REVENUE & CUSTOMS"
published: "2021-06-15"
---

# Credit Rating Benchmarking Tool

Buyer: H M REVENUE & CUSTOMS  
Current stage: Award  
OCID: ocds-b5fd17-db7fe39d-b4a7-46ee-837a-d48a5de1be6a

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-db7fe39d-b4a7-46ee-837a-d48a5de1be6a)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-db7fe39d-b4a7-46ee-837a-d48a5de1be6a.json)

## Summary

The public procurement process involves HM Revenue & Customs (HMRC) procuring a Credit Rating Benchmarking Tool, aimed at enhancing the valuation checks of financial instruments in the banking sector. The procurement method is a direct award through a single tender action, with the contract valued at £67,432. The tendering phase concluded on 12 April 2021, while the contract commenced on 15 April 2021 and will run until 14 April 2022. The contract is categorised under services, specifically related to added-value database services, and is based in the United Kingdom, with an award status that remains active as of 15 June 2021.

This tender presents an opportunity for businesses specialising in database services and financial technology solutions, particularly those that can demonstrate added value in analytical tools. Small and medium-sized enterprises (SMEs) are encouraged to consider participation, as the contract is suitable for them, allowing for growth and potential collaboration with HMRC. Companies equipped with a strong understanding of the banking sector and compliance frameworks will be well-positioned to compete effectively in this procurement process.

## Notice

HMRC require a tool to help to check the valuation of Financial Instruments used in the banking sector

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/efce38d5-423f-4bd5-969c-6976ca23e250 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Jun 2021 |
| Submission deadline | 12 Apr 2021 |
| Future notice date | Not specified |
| Award date | 11 Apr 2021 |
| Contract period | 14 Apr 2021 - 14 Apr 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £67,432 |
| Lots value | Not specified |
| Awards value | £67,432 |
| 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 | H M REVENUE & CUSTOMS |
| Locality | SALFORD |
| Post town | Manchester |
| Postcode | M60 9LA |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD3 Greater Manchester |
| ITL 3 | TLD34 Greater Manchester South West |
| Local authority | Salford |
| Electoral ward | Ordsall |
| Westminster constituency | Salford |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MOODY'S ANALYTICS |

## CPV Codes

### Divisions

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

### Codes

- 72321000 - Added-value database services

## Release History

- 15 Jun 2021 at 07:48 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/efce38d5-423f-4bd5-969c-6976ca23e250

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/efce38d5-423f-4bd5-969c-6976ca23e250
  15th June 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-db7fe39d-b4a7-46ee-837a-d48a5de1be6a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-db7fe39d-b4a7-46ee-837a-d48a5de1be6a.json.