Investment Management System ("IMS")
British Business Bank · United Kingdom
Key facts
- Contract value
- £890,000
- Awarded
- 30 Mar 2023
- Contract starts
- 02 Apr 2023
- Contract ends
- 02 Apr 2027
- Procedure
- Other -
- Buyer type
- Central government
Awarded to
| Supplier | Value |
|---|---|
| eFront Limited | £890,000 |
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.
Categories (CPV)
- 72000000 IT services: consulting, software development, Internet and support
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