Scope
Reference
UKEF1513
Description
Procuring 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.
Contract 1
Supplier
Contract value
- £830,675 excluding VAT
- £996,810 including VAT
Above the relevant threshold
Earliest date the contract will be signed
17 February 2026
Contract dates (estimated)
- 19 February 2026 to 18 February 2027
- Possible extension to 18 August 2027
- 1 year, 6 months
Description of possible extension:
1 x 6 month extension possible in the event that the delivery of requirements hasn't concluded satisfactorily within the 12 month initial term
Main procurement category
Services
CPV classifications
- 72000000 - IT services: consulting, software development, Internet and support
Contract locations
- UKC - North East (England)
- UKD - North West (England)
- UKE - Yorkshire and the Humber
- UKF - East Midlands (England)
- UKG - West Midlands (England)
- UKH - East of England
- UKI - London
- UKJ - South East (England)
- UKK - South West (England)
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Direct award
Direct award justification
Single supplier - intellectual property or exclusive rights
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.
Supplier
APTITUDE SOFTWARE LIMITED
- Companies House: 03475849
- Public Procurement Organisation Number: PZJR-1283-NCXD
8th Floor, 138 Cheapside
London
EC2V 6BJ
United Kingdom
Email: henry.cater@aptitudesoftware.com
Website: https://www.aptitudesoftware.com/
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Contract 1
Contracting authority
UK Export Finance
- Public Procurement Organisation Number: PWRW-3185-DZTP
1 Horse Guards Rd,
London
SW1A 2HQ
United Kingdom
Region: UKI32 - Westminster
Organisation type: Public authority - central government