Investment Management System ("IMS")

A Contract Award Notice
by BRITISH BUSINESS BANK

Source
Contracts Finder
Type
Contract (Services)
Duration
4 year
Value
£890K
Sector
TECHNOLOGY
Published
05 Apr 2023
Delivery
03 Apr 2023 to 02 Apr 2027
Deadline
30 Mar 2023 23:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

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.

Award Detail

1 Efront (London)
  • Value: £890,000

CPV Codes

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

Indicators

  • Contract is suitable for SMEs.

Other Information

Please follow this link to view the notice https://www.delta-esourcing.com/delta/respondToList.html?noticeId=773905003

Reference

Domains