Official UK procurement notice
Aptitude Professional Services - IFRS9 Build
Authority: UK Export Finance (Central government)
Sectors: IT Services & Software (72) Delivery: North East (UKC)North West (UKD)Yorkshire & Humber (UKE)
Budget not disclosedValue not published
Submission deadline 4 Mar 2026
What is being bought
Published requirement descriptionProcuring Professional services to complete the implementation of an IFRS 9 calculation and accounting solution using Aptitude Software for UKEF's portfolio of financial services, and meeting the accounting and enterprise design standards.
The lotProcurement structure
single lot · no lot value publishedProcedure terms & legal framework
From the official record- Procedure method
- Direct award
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Notice status
- Cancelled
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 29 Jan 2026, 13:29 GMT
- Last source update
- 10 Apr 2026, 15:48 BST
- Authority reference
UKEF1513- FTS notice number
2026/S 000-032933- Latest notice
- Procurement termination notice (UK12)
- Delivery area
- Official registry OCID
ocds-h6vhtk-06120dFind a Tender
- Why no open competition
- Single Suppliers Intellectual Property Exclusive Rights
- Published justification
The supplier owns the IPR to the software being used to implement the IFRS 9 calculation and accounting solution and are the SMEs for the requirement.
How it was run
Official notice- Submission deadline
- —
Timeline
13 Mar 2026 → 10 Apr 2026 · 2 dates- Standstill ends227 days ago13 Mar 2026, 23:59 GMT
- Notice published199 days ago10 Apr 2026, 15:48 BST
Notice history
4 events · 3 releases on Find a Tender · since 29 Jan 2026- Transparency notice published29 Jan 2026, 13:29 GMTUK5
- Contract award notice published4 Mar 2026, 16:50 GMTUK6
- Contract signature expected16 Mar 2026, 23:59 GMTscheduled
- Procurement termination notice published10 Apr 2026, 15:48 BSTUK12
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value £830,6751 award exc. VAT
Contracts signed 1
| Awarded to | Value | Date | Status |
|---|---|---|---|
| Aptitude Software Limited17 Mar 2026 – 16 Sept 2027 · up to 18 Aug 2027Extensions: 1 x 6 month extension possible in the event that the delivery of requirements hasn't concluded satisfactorily within the 12 month initial term | £830,675 | 4 Mar 2026 | Awarded |
Contracts
Contract 1 · Aptitude Software Limited
- Signed
- date not published
- Value
- —
- Status
- cancelled (25 Mar 2026), Due to departmental error the TCV and contract duration were incorrect so cancelled to amend for accuracy and transparency
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- APTITUDE SOFTWARE LIMITEDAwarded supplier
Official documents & specifications (3)
Official links; attachments are not copiedNotices published for this procedure
- Procurement termination notice Procurement termination notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Transparency notice Transparency notice on Find a Tender