Official UK procurement notice
Cryptoasset Investigation Services · UK public procurement notice
Authority: HM Revenue & Customs (Central government)
What is being bought2 lots · detail below
Published requirement descriptionHis Majesty's Revenue and Customs (HMRC) are inviting suppliers to submit tenders for the supply of Cryptoasset Investigation Services.
HMRC are seeking to tackle the exploitation of cryptoassets being used to facilitate laundering or launder the proceeds of HMRC predicate offences.
The list of non-exhaustive services are as follows:
- Licenses to tracing Solutions - specialist commercial SaaS-based tools to provide investigative, analytical and evidential capabilities to HMRC.
- Blockchain forensic investigative support - access to expert investigators for support in investigating complex modern crypto-enabled crime, combating new and innovative criminal techniques, and supporting case work including developing courtroom-grade evidence.
- Application Programming Interface (API) calls - APIs that allow investigators to query blockchain data at scale, automatically, and in real time.
- Solution training.
- Training pathways for the upskilling of HMRC investigators, at both core and advanced levels.
These products/services are expected to be key enablers to delivering the following capabilities:
- Automated triage
- Deep forensic analytics
- Cross-chain tracing
- Attribution and risk scoring
- Bulk data and API handling
- Investigative support
- Advanced visualisation
- Alerts and proactive intelligence
- Secure, compliant operation
- Training, mobile triage support and administrative oversight.
This procurement is structured as 2 Lots within a single HMRC led Open Procedure resulting in the award of two separate contracts, one per Lot. It is not intended to establish a framework agreement. Suppliers may bid for either, or both Lots but shall only be awarded one.
Each contract shall be for a period of 2 years with an option to extend a further year (exercisable by HMRC only) and an option to purchase further services up to 15% per annum. The contracts are distinguished by their volumes:
Lot 1 - Contract 1: Provides per annum 55 licenses, 550 hours of investigative support, 2 million API calls, core training for up to 55 people and advanced training for up to 12 people.
Total estimated value (over three years and inclusive of 15% option): £2,622,000 excluding VAT.
Lot 2 - Contract 2: Provides per annum 20 licenses, 200 hours of investigative support, 1 million API calls, core training for up to 20 people and advanced training for up to 9 people.
Total estimated value (over three years and inclusive of 15% option): £1,311,000 excluding VAT.
The volumes (and values) stated for both Lots are are indicative only and the HMRC makes no representation that these volumes will remain the same throughout the Contract periods.
The requirement is structured to enable Suppliers to tender for any of the advertised Lots. To maximise opportunities for participation and support a diverse and resilient supplier base, the Authority intends that no supplier will be awarded more than one Lot.
- The authority expects to re-tender this requirement around 4 Sept 2028, 23:59 BST.
CPV: Analytical or scientific software package · Investigation and security services
Lots and requirements (2)Procurement structure
2 lots · all with a published value (£3,933,000 together) · win at most 1 of them · same conditions of participation on every lot · same evaluation weights on every lotLot #1Contract 1RenewalPublished value£2,622,000
The Services as described within the Description section, but with the following volumes:
55 licenses + training,
550 hours of investigative support,
2 million API calls,
core training for up to 55 people
advanced training for up to 12 people.
Option to increase (or decrease) volumes by 15%.
- Economic & financial standing
In accordance with the Procurement Act 2023, HMRC has applied proportionate Conditions of Participation which are limited to those considered necessary to ensure bidders have the minimum capability and capacity required to deliver the contract.
The Authority will assess bidders' financial capacity to ensure that they have the minimum financial standing required to deliver the contract.
In addition, technical facilities and/or measures to ensure compliance with the UK GDPR will be assessed.
- Technical & professional ability
Bidders are required to provide 3 contract examples that demonstrates experience of delivering similar contracts.
Lot #2Contract 2RenewalPublished value£1,311,000
The Services as described within the Description section, but with the following volumes:
20 licenses + training,
200 hours of investigative support,
1 million API calls,
Core training for up to 20 people
Advanced training for up to 9 people.
Option to increase (or decrease) volumes by 15%.
- Economic & financial standing
In accordance with the Procurement Act 2023, HMRC has applied proportionate Conditions of Participation which are limited to those considered necessary to ensure bidders have the minimum capability and capacity required to deliver the contract.
The Authority will assess bidders' financial capacity to ensure that they have the minimum financial standing required to deliver the contract.
In addition, technical facilities and/or measures to ensure compliance with the UK GDPR will be assessed.
- Technical & professional ability
Bidders are required to provide 3 contract examples that demonstrates experience of delivering similar contracts.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (5)
- Compliance Matrix: 0.01%
- Technical Questions: 49.99%
- Management Activity: 10%
- Demonstration: 30%
- Social Value: 10%
Published award criteria (5)
- Compliance Matrix: Compliance with the Requirements Matrix, which shall be assessed on a Pass/Fail basis (weighting not applicable).
- Technical Questions: A series of 10 technical questions covering the areas listed below, which shall assess bidders' technical ability to supply the required services. 50% weighting Operational Capability - 4 questions Technical and Specialist enablement - 4 questions Delivery and Capability Development - 2 questions
- Management Activity: A series of 10 questions which shall assess bidders' abilities to provide effective contract management and wider management activities.
- Social Value: A single question assessing bidders' Social Value proposals that they will commit to if successful.
- Demonstration: Live demonstrations of bidders' Solutions, comprising of 3 sub-elements.
- Economic & financial standing
In accordance with the Procurement Act 2023, HMRC has applied proportionate Conditions of Participation which are limited to those considered necessary to ensure bidders have the minimum capability and capacity required to deliver the contract.
The Authority will assess bidders' financial capacity to ensure that they have the minimum financial standing required to deliver the contract.
In addition, technical facilities and/or measures to ensure compliance with the UK GDPR will be assessed.
- Technical & professional ability
Bidders are required to provide 3 contract examples that demonstrates experience of delivering similar contracts.
- Turnover usually expected: about £1,309,207 – ~£2,618,413 per lot (twice each lot's annual value).
Turnover is an indicative market norm (≈2× annual value), not a published condition.
Competition analysis · published record, not a forecast of who will bid
How HM Revenue & Customs buys Analytical, scientific, mathematical or forecasting software package (CPV 4846), and who usually turns up
HM Revenue & Customs’s own published record, next to the published market for the same work. Frameworks and DPS are kept out: they attract a different number of bids. Whole-market view: Analytical, scientific, mathematical or forecasting software package (CPV 4846) →
How the contest usually goes
Winner shares use published awards; bid and price charts use contested lots.
i
How often small and medium firms win.
Share of awards where the winner’s size is known.
The counts under this question show how many awards have a known supplier size.
No small-firm winners recorded among this authority’s published awards in this sample.
i
How often local firms win similar work.
Winners with a registered address in the delivery region, out of awards with a known address.
A local branch does not count if the registered address is elsewhere.
No winner locations published for this authority. Local means a registered address in the delivery region.
i
How long buyers here take to decide after bids close.
Middle value in days from the deadline to the first award notice, on competitions that published both dates.
Only decided tenders count, so slow ones still waiting are not in.
Half of these awards were announced within 99 days of the bid deadline.
i
How often work is awarded with no recorded rival.
Direct awards and tenders where every published lot count shows one bid.
Thin markets produce this too; it is not proof of a tailored specification.
Direct awards or one recorded bid are common here. Check the route before spending time on a bid.
How many bids did past lots attract?
i
How many bids past lots received.
Each colour is a bid-count range. Only competed lots with a published count are included.
Past bids do not predict this tender.
1 bid17%
2–356%
4–622%
7+6%
How did awards compare with estimates?
i
Where winning prices landed against estimates.
Each colour shows awards below, close to or above the published estimate, one lot at a time.
Past prices are a guide, not a bid price.
Below estimate30%
Within ±2%70%
Above estimate0%
Assess each lot i
What past awards tell you about each lot.
See the forecast, this buyer’s earlier suppliers and firms with relevant wins.
No supplier is confirmed as a bidder.
i
What past awards tell you about each lot.
See the forecast, this buyer’s earlier suppliers and firms with relevant wins.
No supplier is confirmed as a bidder.
Open a lot for its forecast, this buyer’s previous supplier and possible competitors, from published award history, not a bid list
Lot #1Contract 1CPV 48461000Published estimate£2.6m
i
How many bids this lot may attract.
The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.
Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative.
A forecast, not a list of bidders.
1 bid15%
2–352%
4–626%
7+7%
i
Where the award price may land.
The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.
Based on 55 comparable awards. Each lot reflects its own category; forecasts for different lots of the same notice are not comparative.
A statistical guide from past awards, not a price to bid.
Middle 50%£2.6m
Estimate£2.6m
Who has supplied this buyer on similar work? i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
No earlier contract of this buyer matches this lot on the published record.
Who could compete for this lot? i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
| Supplier | Won in this category | Live contracts | Award vs estimate |
|---|---|---|---|
Phoenix Software LtdLarge | £279m208 awards in 36m · last this month | 78 live · £152m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | at estimate n=10 |
Softcat PlcLarge | £269m351 awards in 36m · last this month | 100 live · £569m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | at estimate n=4 |
| £7.5m12 awards in 36m · last 5 months ago | 6 live · £4.4m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 19% above n=1 | |
| £460k10 awards in 36m · last 6 months ago | 6 live · £501k iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | no comparable pairs | |
| £5.2m4 awards in 36m · last 11 months ago | 2 live · £110k iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 6% above n=2 |
Lot #2Contract 2CPV 48461000Published estimate£1.3m
i
How many bids this lot may attract.
The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.
Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative.
A forecast, not a list of bidders.
1 bid15%
2–349%
4–628%
7+9%
i
Where the award price may land.
The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.
Based on 55 comparable awards. Each lot reflects its own category; forecasts for different lots of the same notice are not comparative.
A statistical guide from past awards, not a price to bid.
Middle 50%£1.3m
Estimate£1.3m
Who has supplied this buyer on similar work? i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
No earlier contract of this buyer matches this lot on the published record.
Who could compete for this lot? i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
| Supplier | Won in this category | Live contracts | Award vs estimate |
|---|---|---|---|
Phoenix Software LtdLarge | £279m208 awards in 36m · last this month | 78 live · £152m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | at estimate n=10 |
Softcat PlcLarge | £269m351 awards in 36m · last this month | 100 live · £569m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | at estimate n=4 |
XMA LimitedLarge | £34m73 awards in 36m · last 1 months ago | 10 live · £3.4m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 15% below n=2 |
| £7.5m12 awards in 36m · last 5 months ago | 6 live · £4.4m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 19% above n=1 | |
| £460k10 awards in 36m · last 6 months ago | 6 live · £501k iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | no comparable pairs |
About this data
- Source. Official UK public procurement notices (Find a Tender), reused under the Open Government Licence v3.0. New notices arrive through the day; the figures are rebuilt nightly.
- Two views, kept apart. The authority’s own track record and the wider market for the same kind of work sit side by side and are never mixed. Where the local picture is too thin, a figure widens to a broader market and says which one it used.
- Forecasts are labelled. The price forecast and its range, possible competitors and the earlier-work matches are our estimates from past awards: not published facts, not win chances and not price advice. Official notices do not say who is bidding.
- Every figure shows what it rests on. Not every notice publishes a bid count, a value or a delivery region, so each figure carries the number of records behind it, and one built on few records is marked as such. The on a figure explains it; the counting rules are in the methodology. Spotted something wrong? Tell us.
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Open for tender
- Procurement threshold
- Above threshold (FTS publication)
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Yes · next expected 4 Sept 2028
- First published
- 10 Mar 2026, 13:14 GMT
- Last source update
- 12 Oct 2026, 12:12 BST
- Award evaluation window
- Submission end – 18 Jan 2027
- Authority reference
SR3006954162- FTS notice number
2026/S 000-096029- Latest notice
- Tender notice (UK4)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-066650Find a Tender
How to participate & submission route
Official notice Submit via SAP Ariba- Requests to participate (first stage)
- —
- Tender submission deadline
- 9 Nov 2026, 12:00 GMT
- Clarification deadline
- 26 Oct 2026, 17:00 GMT
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- en
Suppliers who wish to participate in procurements are required to register on the Governments Central Digital Platform (CDP). Suppliers can submit their core supplier information and where a procurement opportunity arises, share this information with HMRC via the CDP. It is free to use and will mean you should no longer have to re-enter this information for each public procurement, but simply ensure it is up to date and subsequently shared. The CDP is available at gov.uk find tender.
This procurement will be conducted by way of an eSourcing event using HMRC's SAP Ariba eSourcing portal. You must ensure you are registered with the eSourcing portal to gain access to the procurement documentation when it is released, which will contain full details of the requirement.
If you are not already registered, the registration link is;
hmrc.sourcing-eu.ariba.com/ad/selfRegistration ↗
As part of the registration process you will receive a system generated email asking you to activate your SAP Ariba supplier account by verifying your email address. Once you have completed the activation process you will receive a further email confirming the registration process is now complete and providing you with our organisation's account ID number. If an email response from HMRC is not received within one working day of your request, please contact; [email protected] (after first checking your spam in-box) notifying non-receipt and confirming when your registration request was first made.
Once you have obtained your organisations account ID number, please email [email protected] with your:
Contract title and reference
Your organisations HMRC SAP Ariba Account ID
Your organisations name
Your name
Your email address
Your telephone number
Once you have complied with the above, you will receive an email confirming access to the procurement event once it is built.
If you have already registered on the wider SAP Ariba network then you will also need to register on HMRC's SAP Ariba network in order to be added to this event.
Timeline
10 Mar 2026 → 2 Apr 2027 · 7 dates- Planning notice published226 days ago10 Mar 2026, 13:14 GMT
- Market engagement197 days ago7 Apr 2026, 23:59 BST
- Background
His Majesty's Revenue & Customers is the UK's tax, payments and customs authority, and we have a vital purpose: we collect the money that funds the UK's public services and help families and individuals with targeted financial support.
Cryptoasset Investigation Services is used by HMRC's Fraud Investigation Service (FIS) and our Risk and Intelligence Service (RIS). FIS is responsible for the department's civil and criminal investigations into the most serious fraud and wrongdoing. RIS's primary role is to enable HMRC to understand and manage the risks to the tax system.
The purpose of this exercise is to engage the industry and gather market insights that will help us shape a potential procurement, including the refinement of market capability, capacity and appetite. Your engagement will help us to ensure any future agreement is fit for the future.
This Preliminary Market Engagement Notice is issued for notification purposes and does not constitute a formal tender or pre-qualification process, nor does it represent a commitment to procure any goods or services.
Parties should note participation in pre-market engagement will not influence or provide advantage in any future procurement, and that the scope, services, values, and timelines referenced are indicative only and subject to change.
Note the procurement may not go ahead in this and/or any format, and any procurement is subject to relevant internal approvals.
- Key details
Please first register on HMRC's eSourcing system Ariba, to participate in this market engagement. You can register at the following link:
hmrc.sourcing-eu.ariba.com/ad/selfRegistration ↗
How to register interest: Following registration on HMRC Ariba, please contact Ruth Whiteside with the details outlined in section 4 (part B) below.
Contact email: [email protected]
Secondary contact: [email protected]
- Future procurement
Should HMRC proceed to a formal procurement, a Tender Notice will be published on Find a Tender hosted on GOV.UK. Suppliers who do not respond to this Preliminary Market Engagement Notice will not be excluded from participating in any future tender.
We understand that not all organisations may be suited to partner with us. However, if you believe your organisation possesses the relevant skills and is interested in working with one of HM Government's largest departments, please register for this event using the instructions below.
- Further details for registering for this Preliminary Market Engagement and and participating in any future procurement
Part A - register on HMRC SAP Ariba
This Preliminary Market Engagement and any future procurement relating to this engagement will be conducted by way of an e-Sourcing event using HMRC's SAP Ariba e-Sourcing portal.
You must ensure you are registered with the e-Sourcing portal to gain access to this Preliminary Market Engagement and any future procurement documentation if it is released, which will contain full details of any future requirement.
If you are not already registered, the registration link is;
hmrc.sourcing-eu.ariba.com/ad/selfRegistration ↗
As part of the registration process you will receive a system generated email asking you to activate your SAP Ariba supplier account by verifying your email address.
Once you have completed the activation process you will receive a further email confirming the 'registration process is now complete' and providing you with 'your organisation's account ID' number.
If an email response from HMRC is not received within one working day of your request, please re-contact;
[email protected] (after first checking your spam in-box) notifying them of non-receipt and confirming the date when your registration request was first made.
Part B - receiving further information
Once you have obtained 'your organisation's account ID' number, please email [email protected] with the following information:
- Sourcing Request number (the reference number at the start of this document)
- Your organisation's HMRC SAP Ariba account ID
- Your organisation name
- Your name
- Your email address
- Your telephone number
Once you have complied with the above, you will receive materials for this Preliminary Market Engagement and an email confirming access to any future procurement event if it is built.
Additionally, should HMRC have any further questions for interested Suppliers prior to the event being published (in terms of market engagement and requirement development), the above provided contact details will be used.
Further information about HMRC's procurement tool SAP Ariba, a suppliers guide and general information about supplying to HMRC is available on the HMRC website:
www.hmrc.gov.uk/about/supplying.htm ↗
If you have already registered on SAP Ariba then you may also need to re-register on HMRC's SAP Ariba to be added to this event.
5.Further details on registering for public procurements
Suppliers who wish to participate in public procurements are required to register on the Government's Central Digital Platform (CDP).
Suppliers can submit their core supplier information and, where a procurement opportunity arises, share this information with HMRC via the CDP.
It is free to use and will mean you should no longer have to re-enter your core supplier information for each public procurement, but simply ensure it is up to date and subsequently share as needed.
The CDP is available at www.gov.uk/find-tender ↗.
- Tender notice published10 days ago12 Oct 2026, 12:12 BST
- Today22 Oct 2026
- Clarification questions byin 4 days26 Oct 2026, 17:00 GMT
- Submission deadlinein 18 days9 Nov 2026, 12:00 GMT
- Award decision expected byin 89 days18 Jan 2027, 23:59 GMT
- Contract startsin 162 days2 Apr 2027, 00:00 BST
Notice history
6 events · 2 releases on Find a Tender · since 10 Mar 2026- Preliminary market engagement notice published10 Mar 2026, 13:14 GMTUK2
- Tender notice published12 Oct 2026, 12:12 BSTUK4
- Published value updated to £3,933,00012 Oct 2026, 12:12 BSTwas £3,420,000
- Status changed to active12 Oct 2026, 12:12 BST
- Procurement method changed12 Oct 2026, 12:12 BST
- Deadline published: 9 Nov 2026, 12:00 GMT12 Oct 2026, 12:12 BST
Commercial outcome & contract awards
Nothing awarded yet- Awards (0)
- No award published
- Contracts (0)
- No contract published
- Bid statistics
- No aggregate bid statistics published
Contracting authority & participating public bodies
Official documents & specifications (2)
Official links; attachments are not copiedNotices published for this procedure
- Tender notice Tender notice on Find a Tender
- Preliminary market engagement notice Preliminary market engagement notice on Find a Tender