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Awarded

Investment Management System ("IMS")

Published

Supplier(s)

eFront Limited

Value

890,000 GBP

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

Award date

a year ago

Publish date

a year ago

Buyer information

British Business Bank

Email:
procurement@british-business-bank.co.uk

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