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complete
Official procurement procedure
Cyber Threat Defence Software and Appliance
Security services
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Sovini Ltd: "Cyber Threat Defence Software and Appliance". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | Sovini Ltd | Scope & Categories | Not published | Submission Window | complete No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | Not published |
Bidder Intelligence · Authority Profile: Sovini Ltd
Market Analytics
Derived from OCDS awards & bid statistics
Published history for Sovini Ltd. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Competition Density
Not availableNo published reports
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate availablePayment Terms
Check noticePublished terms
Coverage: 1 active published awards; 0 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthoritySovini Ltd | Procedure methodNot published | Procurement categoryNot published |
Statuscomplete | Framework / DPSNot published | CompetitionNot published |
Above thresholdNot published | Legal basisNot published | Tender period startsNot published |
Clarification deadlineNot published | Electronic submissionNot published | Submission languagesNot published |
Published17 Dec 2021, 18:14 GMT | Last source update17 Dec 2021, 18:14 GMT | Recurring procurementNot published |
ClassificationSecurity services | ||
Delivery area | ||
OCIDocds-h6vhtk-030338 | ||
What is being bought
Software and Appliance cyber security system to provide protection to The Sovini Group (Sovini) and its members within the structure. Due to the increased risk of recent other like minded organisation being hacked, given the complex group structure and several members, this has resulted in Sovini reviewing the market offering quickly to install cyber threat security system to minimise risk and provide protection.
What changed
From the official release history
- Status changed to complete
17 Dec 2021, 18:14 GMT - Official notice release published
17 Dec 2021, 18:14 GMT - Buyer information updated
17 Dec 2021, 18:14 GMT
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedStatus not publishedPublished valueNot publishedSoftware and Appliance cyber security system to provide protection to The Sovini Group (Sovini) and its members within the structure. Due to the increased risk of recent other like minded organisation being hacked, given the complex group structure and several members, this has resulted in Sovini reviewing the market offering quickly to install cyber threat security system to minimise risk and provide protection. Given this supplier is a ingle source provider with a unique offering a VEAT notice is the best solution for this procurement.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
17 Dec 2021, 18:14 GMT - Award active
Not published · Not published - Contract active
Signed 16 Dec 2021, 00:00 GMT · £567,408
Commercial outcome and competition
Awards Darktrace Holdings Limited Not published · Not published · active |
Contracts Cyber Threat Defence £567,408 · signed 16 Dec 2021, 00:00 GMT · active |
Bid statisticsNo aggregate bid statistics published |
Buyer and organisations in this procedure
Sovini Ltd
Contracting authority GB-FTS-21781Documents (0)
Official links; attachments are not copied
No linked documents are published
Related procedures (0)
No related procedures published
Planning and rationale
Planning budgetNot published |
No-engagement rationaleNot published |
Procedure rationaleWithin the last several months, a number of similar organisations to Sovini have experienced cyber-attacks. Through research, it has been identified that a cyber breach can present an approx. £2.75m cost to an organisation, a 5% loss in customer retention and an average of over 200 days to detect and respond to. Sovini's current risk of a cyber-attack is now indicated as a high risk scoring 16 (likelihood 4 x impact 4). Thus, cyber threat security is an urgent function for Sovini to implement the right solution for protection and risk mitigation.
From reviewing the market, Darktrace has created a self-learning artificial intelligence system for cyber defence, its functionality provides a unique cyber security solution. The sole source supplier: Darktrace are able to provide support to Sovini during the Christmas period shut down to minimise the cyber risk, through its unique capabilities such as learning techniques to create bespoke protection, total coverage for the entire digital estate, AI-driven investigations and rapid, on-demand triage of high-fidelity incident identification and 24/7 SOC.
Darktrace has offered Sovini a competitive offer that provides economic value to Sovini by entering into the agreement with the sole source provider. Given the market research has identified no other competitors can provide this solution, a tender would potentially result in delays to getting a solution in place, increasing the risk to Sovini and less of an economic advantageous price being received. |