Official UK procurement notice
Client Advice Management Solution
Authority: Derby Homes Ltd (Public body)
What is being bought
Published requirement descriptionSoftware - a specialised advice management system for vulnerable clients. We were only able to identify one solution that met essential requirements.
CPV: Financial analysis software package
The lotProcurement structure
single lot · no lot value publishedLot #1A Client Advice Management solution - a specialised advice management system for…Awarded
A Client Advice Management solution - a specialised advice management system for vulnerable clients, with a financial assessment tool in line with the Financial Conduct Authority (FCA) requirements for understanding clients' needs and circumstances. It must be capable of producing a Financial Statement which meets the requirements of the FCA with an inbuilt electronic document records management system that marries electronic records to clients' current advice and applies relevant retention periods, to include functionality for managing and setting controls around conflicts of interest between clients as per FCA rules. Additional information: We intend to use the software for three years, reviewing for alternative providers and any need for a competitive procedure after two years, then likely take up to 3 x 24 month extension options with further review.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Award procedure without prior publication of a call for competition
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Goods
- Notice status
- Awarded without competition
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 31 Jan 2023, 14:05 GMT
- Last source update
- 25 Sept 2023, 08:59 BST
- Authority reference
E2023-001- FTS notice number
2023/S 000-028125- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03a17bFind a Tender
- Why no open competition
- The procurement falls outside the scope of application of the directive
- Published justification
Only one possible provider to meet all requirements has been identified. Derby Homes Ltd posted a VEAT notice to confirm no other options exist following our due diligence, to be transparent about action taken and why. The contract term will allow a competitive process in the future if alternatives exist which we have otherwise been unable to identify or develop in the future.
Publisher note: TBC
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Advice UK | £129,742 †same award published again · counted once | — | Awarded |
| Advice UK | £129,742 † | — | Awarded |
Contracts
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 1bids | 1 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Derby Homes LimitedReview body
Bidders & participating suppliers
1 commercial party on the notice- Advice UKAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.