FTS UK public procurement

Investment Management System ("IMS")

British Business Bank

CompleteOCDS ID ocds-h6vhtk-03b487
Tender valueNot supplied2 awards · 2 contracts

01 Procurement

Tender overview

Updated 5 April 2023
Buyer
British Business Bank
Status
Complete
Procurement method
Award procedure without prior publication of a call for competition
Category
services
CPV classification
72000000 — IT services: consulting, software development, Internet and support
Tender period
Not supplied — Not supplied

Description

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.

i

This page represents one OCDS contracting process. Notices can be revised over time. Values may be estimates, award values or contract values and should be read with their displayed stage and date.

02 Awards and contracts

Published award records

2 shown
Active

Investment Management System ("IMS")

Awarded
Not supplied
Award value
Not supplied
Suppliers
1
Signed contract
17 March 2023
Active

Investment Management System ("IMS")

Awarded
Not supplied
Award value
Not supplied
Suppliers
1
Signed contract
30 March 2023

03 Organisations

Buyers, suppliers and other parties

6 parties
Buyer

British Business Bank

Steel City House, Steel City House, 2 West Street, Sheffield, UKE32, S1 2GQ, United Kingdom

Buyer

BRITISH BUSINESS BANK PLC

Steel City House, 2 West Street City Centre, SHEFFIELD, UKE32, S12GQ, United Kingdom

Companies House 08616013 →
Supplier

eFront Limited

12 Throgmorton Avenue, London, UK, United Kingdom

Identifier 03650489
ReviewBody

High Court of Justice

London, United Kingdom

MediationBody, ReviewContactPoint

N/A

N/A, United Kingdom

Companies House links appear only for explicit GB-COH identifiers. BritDB does not create company links from a similar name or address.

04 Provenance

Source for this process

Contains public sector information licensed under the Open Government Licence v3.0. Official external links are available only on the source transition page.