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Published 2 Jan 2026, 12:16 GMT

Official UK procurement notice

UKRI-5538 UKRI Finance Transformation Programme

Official notice

Authority: UK Research and Innovation (Central government)

ServicesOpen procedureAbove thresholdSME suitable
Sectors: Business Services & Consultancy (79) Delivery: London (UKI)South West (UKK15)
Published estimate£2,000,000≈ £2.0m / year · £2,400,000 inc. VAT7.9% below published estimate
Submissions closed 6 Feb 2026awarded 17 Mar 2026
Awarded to Veran Performance Limited
Contract term 1 yrends 7 Apr 2027 · starts 7 Apr 2026

What is being bought

Published requirement description

The Provision of Finance Transformation Programme

CPV: Business and management consultancy services

The lotProcurement structure

single lot · value published
Lot #1Awarded 1 yrSMEPublished value£2,000,000
Contract period: 7 Apr 2026 – 7 Apr 2027 (1 yr)Value: £2,000,000 exc. VAT · £2,400,000 inc. VAT
Delivery: South WestEligibility: SME eligible
79410000 Business and management consultancy services

What it takes to win
i

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 more
How bids were scored
Quality: 70%Price: 30%
Published sub-criteria (2)
  • Technical Quality: 70%
  • Price: 30%
Published award criteria (2)
  • Price
  • Technical Quality
What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

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
Awarded
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Unspecified in notice
First published
2 Jan 2026, 12:16 GMT
Last source update
23 Apr 2026, 15:10 BST
Award evaluation window
Submission end – 18 Mar 2026
Authority reference
UKRI-5538
FTS notice number
2026/S 000-000037
Latest notice
Contract details notice (UK7)
Classification (CPV)
Business and management consultancy services
Delivery area
London (UKI)South West (UKK15)
Official registry OCID
ocds-h6vhtk-05feba Find a Tender

How it was run

Official notice
Run through: UKRI eSourcing
Supplier login requiredElectronic submission allowedLanguage: EN
Access & registration note: Free
Submission deadline
6 Feb 2026, 15:00 GMT
Clarification deadline
30 Jan 2026, 15:00 GMT
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

Please note the following steps for accessing this opportunity via the Atamis eSourcing platform:

  1. Log in or create an account here: ukri2.my.site.com ↗
  2. Navigate to the opportunity in the Find an Opportunity section of the site or via the direct access link above.
  3. Select Register Interest (you will not be able to view the tender documentation without registering an interest).
  4. Go back to the main menu and navigate to the My Proposals and Quotes section of the site.
  5. Select the opportunity from the list. Tender Documents for download are found in the Documents tab

Timeline

2 Jan 2026 → 23 Apr 2026 · 8 dates
  1. Tender notice published297 days ago
    2 Jan 2026, 12:16 GMT
  2. Clarification questions by269 days ago
    30 Jan 2026, 15:00 GMT
  3. Submission deadline262 days ago
    6 Feb 2026, 15:00 GMT
  4. Assessment summaries sent223 days ago
    17 Mar 2026
  5. Award decision expected by221 days ago
    18 Mar 2026, 23:59 GMT
  6. Standstill ends212 days ago
    27 Mar 2026, 23:59 GMT
  7. Contract starts202 days ago
    7 Apr 2026, 00:00 BST
  8. Latest notice published186 days ago
    23 Apr 2026, 15:10 BST

Notice history

5 events · 3 releases on Find a Tender · since 2 Jan 2026
  1. Tender notice published
    2 Jan 2026, 12:16 GMT
    UK4
  2. Contract award notice published
    17 Mar 2026, 10:19 GMT
    UK6
  3. Status changed to complete
    17 Mar 2026, 10:19 GMT
  4. Contract signature expected
    31 Mar 2026, 23:59 BST
    scheduled
  5. Contract details notice published
    23 Apr 2026, 15:10 BST
    UK7

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £1,841,7501 award exc. VAT
Bids received 2212 from SMEs
Contracts signed 1latest 8 Apr 2026
Awarded toValueDateStatus
Veran Performance Limited1 Apr 2026 – 30 Apr 2027£1,841,75017 Mar 2026Awarded

Contracts

  • UKRI-5538 UKRI Finance Transformation Programme · Veran Performance Limited

    Signed
    8 Apr 2026
    Value
    £1,841,750
    Period
    17 Apr 2026 – 16 Apr 2027
    Status
    active

    No agreed KPIs: N/A

Bid statistics published by the authority

BidsSMEVCSEValid bid range
22final-stage tenders120—

Contracting authority & participating public bodies

UK Research & Innovation (UKRI)

Contracting authorityPublic authority - central government GB-PPON: PDQJ-7126-JDHG Polaris House, Swindon, Wiltshire, South West, SN2 1FLContact email

Bidders & participating suppliers

1 commercial party on the notice
  • Veran Performance LtdAwarded supplierGB-PPON: PXGW-5935-QMWJ 175 Long Lane,, London, London, SE1 4GTContact email

Official documents & specifications (3)

Official links; attachments are not copied

Notices published for this procedure

  • Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender
  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender