Awarded Contractocds-b5fd17-cdc70b68-9160-4508-88a5-f24b7c5b9a6c

Investment Management System ("IMS")

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 ser...

Buyer

British Business Bank

Value

£890,000

Published

5 Apr 2023

Closes

30 Mar 2023

Procurement details

Source

Contracts Finder

Region

Sheffield

Procurement method

Other

Category

Services

Contract starts

2 Apr 2023

Contract ends

2 Apr 2027

CPV classifications

72000000

IT services: consulting, software development, Internet and support

Lots

Lot default Investment Management System ("IMS")

£890,000

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...

Delivery: British Oversea Territories, Channel Islands, Europe, Isle of Man, Rest of the World, United Kingdom

Awarded contract notice on Contracts Finder

5 Apr 2023

Awarded contract notice on Contracts Finder

Award notice · Web page

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Tender notice

Contains public sector information licensed under the Open Government Licence v3.0.