AWARD OUTCOME
What happened
London Borough of Southwark published an award notice for Mass Upload Software, covering mass transaction upload software. The notice records a direct award to PRECISELY SOFTWARE LIMITED.
Published outcomeOne active award is recorded to PRECISELY SOFTWARE LIMITED, with an award value of £110,000.
Market significanceThis is a direct-award software procurement in the transaction-processing and financial-systems software market. The published record was released after a data-cleanse exercise.
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
PRECISELY SOFTWARE LIMITED
99% confidenceAward ocds-b5fd17-59e2b442-60ff-4e1d-95dc-501587dd0044-1 · 110000 GBP · Active award
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Verified legal supplier name is PRECISELY SOFTWARE LIMITED (company number 01373158); the active award names Precisely Software Limited and has value £110,000.
LIFECYCLE
Award or contract stage
Published notice type
99% confidenceAwarded contract notice on Contracts Finder
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Process notice_type and award document description.
Award status
99% confidenceActive
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Award ocds-b5fd17-59e2b442-60ff-4e1d-95dc-501587dd0044-1 has status 'active'.
Award decision date
98% confidence30 November 2022
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Award date is 2022-11-30T00:00:00Z.
Notice publication date
99% confidence9 October 2026
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Award notice datePublished is 2026-10-09T17:44:40+01:00.
Contract start dates reported
99% confidence2 January 2023 in the award; 7 January 2023 in the tender-level contract period
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Award contractPeriod startDate is 2023-01-02; tender contractPeriod startDate is 2023-01-07.
VALUES
Published values explained
Award value
99% confidence£110,000
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Award value amount is 110000 GBP.
Tender value range
98% confidence£110,000 to £170,000
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Tender minValue is £110,000 and tender value is £170,000.
Value allocation
97% confidenceThe £110,000 award value is attributable to the sole named supplier.
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The single award names one supplier, PRECISELY SOFTWARE LIMITED.
TIMELINE
Procurement timeline
Submission deadline
99% confidence30 November 2022, 23:59 UTC
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TenderPeriod endDate is 2022-11-30T23:59:00Z.
Award date
98% confidence30 November 2022
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Award date is 2022-11-30T00:00:00Z.
Award-level contract end
99% confidence29 June 2027
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Award contractPeriod endDate is 2027-06-29T23:59:59+01:00.
Notice published
99% confidence9 October 2026
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Award notice datePublished is 2026-10-09T17:44:40+01:00.
SCOPE
What was awarded
Requirement
99% confidenceMass transaction upload software
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Process and tender description state 'Mass transaction upload software'.
Primary classification
99% confidenceCPV 48217000 — Transaction-processing software package
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Tender classification.
Additional classification
99% confidenceCPV 48442000 — Financial systems software package
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Tender additionalClassifications.
Procurement category
99% confidenceGoods
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mainProcurementCategory is goods.
Delivery geography
96% confidenceEngland, United Kingdom
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Tender item delivery address specifies region England and country United Kingdom.
PROCEDURE
Procedure and competition
Procurement method
99% confidenceDirect award
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procurementMethod is direct and procurementMethodDetails is 'Direct award'.
Competition information
99% confidenceInformation not supplied in the published notice.
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No bid, bidder, evaluation or score data is provided.
Award rationale
98% confidenceInformation not supplied in the published notice.
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No award rationale is provided beyond the direct-award classification.
CONTRACT TERMS
Published contract terms
Reported end date
99% confidence29 June 2027
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Both tender-level and award-level contract periods end on 2027-06-29.
Extension and variation terms
99% confidenceInformation not supplied in the published notice.
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No extension, option, modification or pricing-adjustment terms are provided.
Signing evidence
99% confidenceThe notice records an active award but does not explicitly state that a contract was signed.
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No signed-contract field or document is supplied.
COMMERCIAL VIEW
Commercial observations
Route to market
99% confidenceThe published record identifies a direct award rather than a competitive procedure.
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Procurement method is recorded as direct award.
Record publication context
99% confidenceThe buyer states that the award notice was published after a data-cleanse exercise.
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Tender description additional information.
DATA QUALITY
Gaps and source limitations
Conflicting start dates
99% confidenceThe source reports 2 January 2023 at award level and 7 January 2023 at tender level; the actual start date cannot be determined from the supplied notice.
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Award and tender contractPeriod startDate fields differ.
Delayed publication
99% confidenceThe award is dated 30 November 2022, while the award notice was published on 9 October 2026.
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Award date and datePublished fields.
Value inconsistency or ambiguity
99% confidenceThe award value is £110,000, while the tender-level value field states £170,000. The published notice does not explain the difference.
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Award value is 110000 GBP; tender value is 170000 GBP.
Missing commercial detail
99% confidenceInformation not supplied in the published notice includes pricing breakdown, bid data, evaluation detail, award rationale, extension terms and signed-contract evidence.
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No such fields or documents are provided.
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- The source contains conflicting reported contract start dates: 2 January 2023 at award level and 7 January 2023 at tender level.
- The published award value (£110,000) differs from the tender-level value (£170,000), with no explanation supplied.
- The award was published on 9 October 2026 despite an award date of 30 November 2022; the notice states this followed a data-cleanse exercise.
- Information not supplied in the published notice includes bid counts, competitor identities, evaluation results, award rationale, pricing breakdown, extension terms, modifications and signed-contract evidence.
MARKET THEMES
Relevant award themes
London Borough of SouthwarkPRECISELY SOFTWARE LIMITEDMass Upload Softwaretransaction-processing softwarefinancial systems softwaredirect awardContracts Finder
COMMON QUESTIONS
About this award
Who received the Mass Upload Software award?
PRECISELY SOFTWARE LIMITED, verified as company number 01373158.
What is the recorded award value?
£110,000.
Was this competitively tendered?
The notice classifies the procurement as a direct award; bidder and evaluation information was not published.
When does the reported contract period end?
29 June 2027.
ProcuraAxis award analysis supplements, but does not replace, the official award notice, contract data or procurement documents. “Awarded” does not by itself prove that a contract has been signed.