AWARD OUTCOME
What happened
British Business Bank PLC awarded a technical consultancy requirement covering on-premise and cloud services to METEORIC LTD. The published award value is £85,800 and the notice records a contract period from 30 April 2026 to 30 April 2027.
Published outcomeOne active award is recorded for METEORIC LTD following a competitive quotation below threshold.
Market significanceThis is a below-threshold IT consulting award with a published value of £85,800.
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
METEORIC LTD
99% confidenceAward ocds-b5fd17-a3945421-c555-4f57-8b78-df30214698bc-1 · 85800 GBP · active
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The award names Meteoric Ltd as supplier and carries a value of GBP 85,800. Supplier verification matches company number 04962218 to METEORIC LTD.
LIFECYCLE
Award or contract stage
Notice stage
99% confidenceAward
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The source describes this as an "Awarded contract notice on Contracts Finder" and the process stage is "award".
Award status
98% confidenceActive
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Award ocds-b5fd17-a3945421-c555-4f57-8b78-df30214698bc-1 has status "active".
Award decision date
98% confidence8 April 2026
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The award date is recorded as 2026-04-08T00:00:00+01:00.
Contract start recorded
96% confidence30 April 2026
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The published award and tender contract period both state a start date of 2026-04-30.
Contract signature
99% confidenceUnknown
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No explicit signature or execution field is supplied.
VALUES
Published values explained
Award value
99% confidence£85,800
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The sole award value is recorded as 85800 GBP.
Value allocation
97% confidenceAllocated to the sole recorded award and supplier
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One award is supplied, naming METEORIC LTD, with a value of £85,800.
TIMELINE
Procurement timeline
Award decision
98% confidence8 April 2026
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Award date: 2026-04-08.
Quotation deadline
98% confidence27 April 2026
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Tender period end date is 2026-04-27T00:00:00+01:00.
Contract period start
96% confidence30 April 2026
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Published contract period start date: 2026-04-30.
Contract period end
96% confidence30 April 2027
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Published contract period end date: 2027-04-30T23:59:59+01:00.
Award notice publication
99% confidence19 October 2026
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The award notice publication timestamp is 2026-10-19T08:16:12+01:00.
SCOPE
What was awarded
Requirement
99% confidenceTechnical consultancy: on-premise and cloud
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Process title and description: "Technical Consultancy: On-Premise and Cloud".
Category
99% confidenceServices
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The main procurement category is services.
CPV
99% confidence72000000 — IT services: consulting, software development, Internet and support
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The primary classification supplied is CPV 72000000.
Delivery geography
95% confidenceUnited Kingdom
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The tender item delivery address specifies United Kingdom.
PROCEDURE
Procedure and competition
Procurement method
99% confidenceLimited
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The source field procurementMethod is "limited".
Method detail
99% confidenceCompetitive quotation (below threshold)
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The source field procurementMethodDetails states "Competitive quotation (below threshold)".
Bid and evaluation information
99% confidenceNot supplied in the published notice
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No bid count, bidder list, scores or evaluation rationale is included in the supplied data.
CONTRACT TERMS
Published contract terms
Published contract period
96% confidence30 April 2026 to 30 April 2027
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The award contract period gives startDate 2026-04-30 and endDate 2027-04-30T23:59:59+01:00.
Extension or renewal terms
99% confidenceNot supplied in the published notice
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No extension, option or renewal clause is included in the supplied data.
COMMERCIAL VIEW
Commercial observations
Award structure
97% confidenceSingle-supplier IT consultancy award
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One active award names one supplier for the stated technical consultancy requirement.
Route to market
99% confidenceBelow-threshold competitive quotation
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The published procurement method detail states "Competitive quotation (below threshold)".
DATA QUALITY
Gaps and source limitations
Notice timing anomaly
99% confidenceThe recorded award decision date precedes the stated quotation deadline
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The award date is 8 April 2026, while the tender period end date is 27 April 2026.
Publication timing
99% confidenceThe award notice was published after the recorded contract start date
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The notice was published on 19 October 2026; the contract period start is 30 April 2026.
Supplier verification
99% confidenceSupplier identity verified by company number
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Company number 04962218 is matched to METEORIC LTD using company_number matching.
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- The recorded award date of 8 April 2026 is earlier than the stated quotation deadline of 27 April 2026; the supplied notice does not explain this inconsistency.
- The award notice was published on 19 October 2026, after the recorded 30 April 2026 contract start; the supplied data does not explain the delayed publication.
- Information not supplied in the published notice: bid count, other bidders, evaluation scores, award rationale, pricing breakdown, detailed deliverables and extension terms.
- No explicit signature or execution evidence is supplied; the analysis does not treat the contract as signed.
MARKET THEMES
Relevant award themes
British Business Bank PLCMETEORIC LTDtechnical consultancycloud consultancyon-premise ITIT servicesContracts Finder£85,800
COMMON QUESTIONS
About this award
Who won the Technical Consultancy: On-Premise and Cloud award?
METEORIC LTD, verified against company number 04962218.
What is the published award value?
£85,800.
What contract period is published?
30 April 2026 to 30 April 2027.
Was this a competitive procurement?
The notice states that it used a competitive quotation process below threshold.
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.