Governance Risk and Compliance Tool
Description: Thames Water is preparing to procure a Governance, Risk and Compliance (GRC) solution and associated professional services to support Digital and Cyber Security governance, risk management, and compliance activities. The solution will support identification, monitoring, management, and reporting of cyber and digital risks across the organisation. The procurement will include: - Provision of a GRC platform/application - Implementation and configuration services - Ongoing support and maintenance - Advisory and professional services - Management of Corporate, Digital and Cyber risk profiles This preliminary market engagement is intended to: - Inform the market of the upcoming opportunity - Gather feedback on potential solutions and delivery approaches - Understand supplier capabilities and innovation in the GRC and cyber security domain - Refine the procurement strategy and requirements Suppliers are invited to (read more...)
Summary: Thames Water Utilities Limited is engaging in a public procurement process to acquire a Governance, Risk, and Compliance (GRC) tool, aiming to enhance its digital and cyber security governance. The process, currently in the planning stage, is focused on acquiring a software package and information systems along with IT consulting services, and is particularly relevant to suppliers in the regions of UKI and UKJ in the United Kingdom. Key deadlines include the engagement milestone due by 30th June 2026. The procurement is classified under the utilities sector, with the buyer being a private utility company based in Reading, UK. Interested suppliers can participate in market engagement to inform the procurement strategy and refine requirements.