Awarded contract

Investment Management System ("IMS")

Details

Supplier(s)
eFront Limited
Value
GBP 890,000
Duration
4 years
Topic
IT services: consulting, software development, Internet and support
Published
5 April 2023

Tender 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.

Timeline

  1. Completed: Award date3 April 2023
  2. Completed: Award published5 April 2023
    Current notice
  3. Next: Contract expiry date2 April 2027in 7 months

About the buyer

British Business Bank is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

  • 72000000 · IT services: consulting, software development, Internet and support

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Decision makers

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