AWARD OUTCOME
What happened
UK Research & Innovation (UKRI) has published a contract and award update for management and commercialisation of UKRI-MRC intellectual property. The existing contract with LGC LIMITED was modified to cover additional services; UKRI states that the scope and overall nature remain unchanged.
Published outcomeThe active award for lot 1 is held by LGC LIMITED. The contract record states it was signed on 17 September 2024 and runs from 18 September 2024 to 17 September 2030.
Market significanceThis is a material contract modification in specialist intellectual-property management, commercialisation, entrepreneurship support and industry-partnership services. The published contract value is £10,968,476, but the notice does not disclose the value of the increase or the original value.
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
LGC LIMITED
99% confidenceAward 095373-2026-UKRI-3090-1 · Lots 1 · 10968476 GBP · active
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Verified supplier identity is LGC LIMITED (company number 02991879). The supplier is named on active award 095373-2026-UKRI-3090-1 for lot 1; the linked contract value is £10,968,476.
LIFECYCLE
Award or contract stage
Notice type
99% confidenceAward and contract update
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Release dated 8 October 2026 is tagged "awardUpdate" and "contractUpdate".
Award status
99% confidenceActive
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Award 095373-2026-UKRI-3090-1 has status "active".
Contract status
99% confidenceActive
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Contract 095373-2026-UKRI-3090-1 has status "active".
Contract signature
99% confidenceSigned 17 September 2024
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Contract field dateSigned is 2024-09-17.
Modification
99% confidencePublished update records an increase in contract value for additional services
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Amendment description states that contract value increased to cover additional services.
VALUES
Published values explained
Published contract value
99% confidence£10,968,476
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Contract value is amount 10968476, currency GBP.
Modification value
99% confidenceNot published
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The amendment confirms a value increase but gives no amount for the increase.
Original contract value
99% confidenceNot published
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The amendment refers to the original contract value but does not state it.
TIMELINE
Procurement timeline
Contract signed
99% confidence17 September 2024
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Contract dateSigned is 2024-09-17.
Contract start
99% confidence18 September 2024
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Contract period startDate is 2024-09-18.
Contract end
99% confidence17 September 2030
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Contract period endDate is 2030-09-17.
Update published
99% confidence8 October 2026
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Process published_at is 2026-10-08T16:06:22+01:00.
SCOPE
What was awarded
Lot
99% confidenceLot 1: Management and Commercialisation of UKRI-MRC Intellectual Property
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Award title and relatedLots identify lot 1.
Services
99% confidenceManagement and commercialisation of UKRI-MRC intellectual property; IP-related advice; support for entrepreneurship and industry partnerships
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Lot 1 description.
Classification
99% confidenceCPV 79400000 — Business and management consultancy and related services
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Primary classification in the contract data.
Delivery location
98% confidenceLondon (UKI)
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Contract item lists delivery location as London and delivery region as UKI.
Scope after modification
99% confidenceNo change stated
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Amendment description says there is no change to the scope or overall nature of the contract.
PROCEDURE
Procedure and competition
Procurement method
99% confidenceUnknown
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Information not supplied in the published notice data.
Competition and bidder numbers
99% confidenceUnknown
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Information not supplied in the published notice data.
Modification legal basis
99% confidenceRegulations 72(1)(b) and 72(1)(c), Public Contracts Regulations 2015
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Amendment rationale explicitly cites these provisions.
Buyer rationale for modification
99% confidenceAdditional services became necessary; UKRI states that changing supplier would cause significant duplication of cost and operational disruption, circumstances were not reasonably foreseeable, and the increase is below 50% of original value.
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Published amendment rationale.
CONTRACT TERMS
Published contract terms
Contract period
99% confidence18 September 2024 to 17 September 2030
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Contract period startDate and endDate.
Term structure
99% confidenceInitial five-year period with an option to extend for a sixth year
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Contract period rationale.
Modification effect
99% confidenceValue increased for additional services; scope and overall nature stated to be unchanged
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Amendment description.
Pricing and payment terms
99% confidenceUnknown
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Information not supplied in the published notice data.
COMMERCIAL VIEW
Commercial observations
Supplier continuity
98% confidenceThe modification is retained with the original contractor under the stated Regulation 72 rationale.
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Amendment rationale refers to additional services by the original contractor and the effects of changing supplier.
Demand signal
99% confidenceUKRI reports additional services are required within the existing intellectual-property management and commercialisation requirement.
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Amendment description.
DATA QUALITY
Gaps and source limitations
Value transparency
99% confidenceThe published £10,968,476 contract value is linked to the sole award and supplier, but the notice does not separate original value from the increase or disclose the modification amount.
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Contract value is published; amendment describes an increase without an amount.
Award date
99% confidenceNot supplied
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Award record has no award_date.
Lot title
99% confidenceNot separately supplied
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Lot 1 title is null; the award and contract titles provide the available naming.
Competition information
99% confidenceInformation not supplied in the published notice.
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No procedure, tenderer-count or evaluation fields are provided.
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- The notice does not publish the modification amount, original contract value or a value breakdown.
- Procurement method, bidder numbers, evaluation results and award date are not supplied.
- The lot has no separately published lot title.
- No pricing, payment or detailed extension-exercise information is supplied.
MARKET THEMES
Relevant award themes
UKRILGC LIMITEDUKRI-MRC intellectual propertyintellectual property commercialisationcontract modificationRegulation 72
COMMON QUESTIONS
About this award
Who holds the UKRI-MRC intellectual property management contract?
The active award for lot 1 is held by LGC LIMITED, verified as company number 02991879.
What did UKRI change?
UKRI states that it increased the contract value to cover additional services, with no change to the scope or overall nature of the contract.
What is the published contract value?
The linked contract record states £10,968,476. The notice does not disclose the original value or the amount of the increase.
When does the contract end?
The published contract end date is 17 September 2030.
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.