---
title: "Client Advice Management Solution"
ocid: "ocds-h6vhtk-03a17b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03a17b"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03a17b.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03a17b.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "DERBY HOMES LTD"
published: "2023-09-25"
---

# Client Advice Management Solution

Buyer: DERBY HOMES LTD  
Current stage: Award  
OCID: ocds-h6vhtk-03a17b

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-03a17b.json)

## Summary

Derby Homes Ltd, a public sector body governed by UK public law, has completed the award of a contract for the purchase of a Client Advice Management Solution. The procurement process, initiated as a tender, aimed at acquiring a specialised software solution for managing advice for vulnerable clients, with the main procurement category being goods. The contracting authority, located in Derby, United Kingdom, carried out a limited procurement method known as an Award procedure without prior publication of a call for competition. The contract, awarded to Advice UK, was signed on 5th July 2023, with a total value of £129,742.

This procurement presents business growth opportunities primarily for SMEs in the financial software industry. Businesses offering financial analysis software packages and solutions tailored for client advice management, especially those compliant with Financial Conduct Authority regulations, would be well-suited to compete. The presence of only one identified solution and the potential future competitive process after the initial contract term of 36 months provide a specific niche for vendors aiming to meet the unique software requirements set by Derby Homes Ltd.

## Notice

Software - a specialised advice management system for vulnerable clients. We were only able to identify one solution that met essential requirements.

### Lot Information

Lot 1

A Client Advice Management solution - a specialised advice management system for vulnerable clients, with a financial assessment tool in line with the Financial Conduct Authority (FCA) requirements for understanding clients' needs and circumstances. It must be capable of producing a Financial Statement which meets the requirements of the FCA with an inbuilt electronic document records management system that marries electronic records to clients' current advice and applies relevant retention periods, to include functionality for managing and setting controls around conflicts of interest between clients as per FCA rules. Additional information: We intend to use the software for three years, reviewing for alternative providers and any need for a competitive procedure after two years, then likely take up to 3 x 24 month extension options with further review.

Options: 36 month initial contract with 3 x 24 month extension options to review if there are any suitable alternative providers in the future.

### Procurement Information

Only one possible provider to meet all requirements has been identified. Derby Homes Ltd posted a VEAT notice to confirm no other options exist following our due diligence, to be transparent about action taken and why. The contract term will allow a competitive process in the future if alternatives exist which we have otherwise been unable to identify or develop in the future.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/028125-2023 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Goods |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Sep 2023 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 31 Jan 2023 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £129,742 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DERBY HOMES LTD |
| Locality | DERBY |
| Post town | Derby |
| Postcode | DE24 8UZ |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF1 Derbyshire and Nottinghamshire |
| ITL 3 | TLF11 Derby |
| Local authority | Derby |
| Electoral ward | Alvaston North |
| Westminster constituency | Derby South |
| Delivery location | TLF11 Derby |

## Supplier

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

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48441000 - Financial analysis software package

## Release History

- 25 Sep 2023 at 07:59 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/028125-2023
- 31 Jan 2023 at 14:05 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/002937-2023

## Notice URLs

- http://www.derbyhomes.org

## 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-h6vhtk-03a17b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03a17b.json.