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In deliveryUnited KingdomServices£1,100,000Add to pipeline

Governance Risk and Compliance tool

Awarded to Decision Focus

British Business Bank Plc(buyer)

Published
Published 23 March 2026

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Overview

The British Business Bank Plc has awarded a contract to Decision Focus for a Governance, Risk and Compliance (GRC) software solution valued at £1,100,000, with the contract completed as of 9 September 2026. The scalable, cloud-based platform consolidates risk data across the organisation into a single system to strengthen oversight, enhance reporting, and improve operational efficiency, supporting core modules including risk and control management, control testing, incident management, policy management, regulatory compliance, and internal audit workflows. The solution is designed to facilitate compliance with the UK Corporate Governance Code and FCA expectations while enabling data-driven insights and automation to reduce manual effort.

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Key details

Country
United Kingdom
Status
In delivery
Category
Services
Estimated value
£1,100,000
Procedure
Competitive flexible procedure
Rules
Procurement Act 2023
SME suitable
Yes
Published
23 March 2026
Questions by
29 May 2026
Classification (CPV)
Compliance software development servicesFinancial systems software development servicesCorporate governance rating servicesRisk or hazard assessment other than for construction

Award outcome

Awarded value
£1,100,000
Award date
9 September 2026
Contract period
5 October 2026 → 5 October 2032
Contract length
6 years
Could run to
31 October 2034
Bids received
21
Winner
  • Decision Focus

This contract ends on 5 October 2032, or 31 October 2034 if every extension is used.

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About the winner

Decision Focus

Based in
Croydon
Public contracts won
2
Across UK and EU notices

No other contract from British Business Bank Plc under this supplier name in Skim's records.

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Competition and scoring

Bids received

21

3 from SMEs

Open and restricted tenders in IT services: consulting, software development, Internet and support drew a median of 3 bids over the last 24 months; 32% received only one.

How bids were scored

Price 35% · Quality 65%

  • Commercial Offer35%
  • Quality Criteria65%

Price and cost criteria in black, quality in blue.

Market context

Typical award in IT services: consulting, software development, Internet and support

£132,000

Median of 13,254 awards in the last 24 months

This award is 8.3× the median.

British Business Bank Plc in the last 12 months

51

contracts awarded, worth £89,927,713 in total

See their procurement profile →

Recent awards in IT services: consulting, software development, Internet and support

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Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    15 October 2026

  2. Contract

    10 September 2026

  3. Tender Update

    21 May 2026

  4. Tender Update

    21 May 2026

  5. Contract Notice

    21 May 2026

  6. Prior Information Notice

    23 March 2026

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