Expired contract

C0901 Sanctions-related due diligence in customers, counterparties, and supply chain

Details

Value
£99,990
Duration
2 years
Topic
Compliance software package
Published
13 February 2025

Tender description

Risk Assessment and Compliance Screening Tools The contract shall run from 31st January 2025 to 11th September 2026 with the option for a one year extension. The value of the contract will range between £59,994 and £99,990 excluding VAT depending on the execution of the available extension option.

Timeline

  1. Completed: Award date30 January 2025
  2. Completed: Award published13 February 2025
    Current notice
  3. Completed: Contract expiry date11 September 2026

About the buyer

National Wealth Fund is an executive non-departmental public body, wholly owned and backed by HM Treasury. The organisation formed in October 2024, when the UK Infrastructure Bank was renamed with a broadened industrial and regional mandate. Operational independence from the Treasury gives the fund its own commercial and investment decisions. Leeds remains its headquarters, inherited along with much of its structure from the UK Infrastructure Bank. Suppliers can track live opportunities on Find a Tender, the government's central procurement service. A dynamic purchasing system covers recurring requirements such as market data services, alongside one-off tenders for advisory support.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of National Wealth Fund's contract awards have been in business services, IT services and research and development.

Relevant CPV codes

  • 48170000 · Compliance software package

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