AWARD OUTCOME
What happened
The Foreign, Commonwealth and Development Office awarded a Portfolio Management Function services call-off to I3WORKS LTD under a framework. The published contract data states that the contract was signed on 12 October 2026 and runs for an initial year, with up to two one-year extensions.
Published outcomeAward 1 is active and names I3WORKS LTD as the sole supplier for lot 1.
Market significanceThis is a £3.0m excluding VAT (£3.6m including VAT) central-government digital portfolio-management services contract, with a potential maximum duration of three years if both extensions are exercised.
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
I3WORKS LTD
99% confidenceAward 1 · Lots 1 · £3,000,000 excluding VAT; £3,600,000 including VAT GBP · verified; award and contract active
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Supplier verification identifies I3WORKS LTD, company number SC477423, by company-number match. Award 1 names i3Works Ltd as sole supplier and contract 1 gives total value amounts of £3,000,000 net and £3,600,000 gross.
LIFECYCLE
Award or contract stage
Award notice published
98% confidence26 August 2026
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Release history records a Contract award notice dated 2026-08-26; award record gives award_date 2026-08-26.
Contract signed
99% confidence12 October 2026
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Contract 1 has dateSigned 2026-10-12T00:00:00+01:00.
Contract status
99% confidenceActive
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Contract 1 and award 1 both have status active.
Contract details notice published
99% confidence14 October 2026
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Contract document 096830-2026 has datePublished 2026-10-14T10:18:21+01:00.
VALUES
Published values explained
Contract value excluding VAT
99% confidence£3,000,000
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Contract 1 value.amount is 3000000 GBP.
Contract value including VAT
99% confidence£3,600,000
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Contract 1 value.amountGross is 3600000 GBP.
Value allocation
95% confidenceContract-level value; no separate lot value published
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The contract contains one value and is linked to lot 1; lot record has no value_amount.
TIMELINE
Procurement timeline
Initial term start
99% confidence12 October 2026
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Contract 1 period.startDate is 2026-10-12.
Initial term end
99% confidence11 October 2027
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Contract 1 period.endDate is 2027-10-11T23:59:59+01:00.
Maximum possible end date
99% confidence11 October 2029
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Contract 1 period.maxExtentDate is 2029-10-11T23:59:59+01:00.
SCOPE
What was awarded
Requirement
99% confidencePortfolio Management Function services supporting the Digital Products and Services portfolio
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Published description specifies governance, integrated planning, reporting, RAID management, performance monitoring, stakeholder coordination, assurance and portfolio-management support.
Delivery geography
97% confidenceUnited Kingdom
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Award item delivery address is region UK, country GB.
Lot
99% confidenceLot 1; published lot title and description not supplied
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Award 1 and contract 1 relate to lot 1; lot record has null title and description.
Relevant CPV classifications
98% confidenceProject management consultancy; project management software development; system implementation planning; general management consultancy
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Award item additional classifications list CPV 72224000, 72212331, 72224100 and 79411000.
PROCEDURE
Procedure and competition
Procurement method
99% confidenceSelective procedure; award under framework
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Tender data records procurementMethod selective and procurementMethodDetails Award under framework.
Framework reference
98% confidenceRelated framework process ocds-h6vhtk-04fb0d, lot 2
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Related process is marked framework and identifies ocds-h6vhtk-04fb0d with relatedLots 2.
Competition
94% confidenceCompetitive procurement indicated; bid count and evaluation results not published
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Tender field competitive is true. No bid count, scoring or evaluation narrative is supplied.
CONTRACT TERMS
Published contract terms
Initial duration
99% confidence1 year
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Contract period runs from 12 October 2026 to 11 October 2027; renewal description states an initial term of 1 year.
Extension mechanism
99% confidenceUp to two optional one-year extensions at FCDO discretion
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Renewal description explicitly provides for up to two optional extension periods of one year each, subject to stated conditions.
Maximum duration
99% confidence3 years including extensions
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Renewal description states a maximum total duration of 3 years; maxExtentDate is 11 October 2029.
Additional-resource option
98% confidenceFCDO may procure additional specialist resources and delivery support through the agreed rate card; no minimum utilisation is committed
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Contract options description states this is subject to need, funding, terms and approvals and does not commit FCDO to a minimum level.
Performance measures
94% confidenceKPIs are stated to be in Call-Off Schedule 14, but KPI detail is not published in the supplied data
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noAgreedMetricsRationale says KPIs have been established in Call-Off Schedule 14.
COMMERCIAL VIEW
Commercial observations
Commercial structure
98% confidenceFramework call-off with an initial one-year term, optional extensions and an additional-resource rate-card option
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Procurement method details, renewal description and options description state these features.
Demand flexibility
98% confidencePublished terms allow additional specialist resource and delivery support but do not promise minimum additional utilisation
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Options description says additional requirements are conditional and do not commit FCDO to a minimum level.
Value interpretation
95% confidenceThe stated £3.0m net / £3.6m gross value is published at contract level rather than as a priced breakdown of services, extensions or rate-card usage
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Contract provides aggregate net and gross values; no pricing breakdown is supplied.
DATA QUALITY
Gaps and source limitations
Supplier identity quality
99% confidenceVerified
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Company-number match confirms I3WORKS LTD (SC477423).
Published notice sequence
98% confidenceAward and contract-detail publications are separately recorded
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Release history lists an award notice on 26 August 2026 and contract details notice on 14 October 2026; signed date is 12 October 2026.
Lot detail limitation
99% confidenceLot 1 is identified, but its title, description and individual value are not supplied
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Lot record has null title, description and value_amount.
Information not supplied in the published notice
96% confidenceBid count, tender evaluation, award rationale, pricing breakdown, extension pricing and KPI detail are not supplied
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No such fields or documents are included in the supplied data.
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- Lot 1 has no published title, description or individual value.
- Information not supplied in the published notice: bid count, tender evaluation, award rationale, scoring and savings.
- No published breakdown separates the initial-term value, extension value, rate-card pricing or optional-resource spend.
- KPI detail is not supplied, although the notice states KPIs exist in Call-Off Schedule 14.
MARKET THEMES
Relevant award themes
FCDOI3WORKS LTDPortfolio Management FunctionDigital Products and Servicesframework call-offpublic procurementportfolio management services
COMMON QUESTIONS
About this award
Who won the FCDO Portfolio Management Function contract?
I3WORKS LTD, verified under company number SC477423, is the sole supplier named for award 1.
What is the value of the contract?
The published contract value is £3,000,000 excluding VAT and £3,600,000 including VAT.
When does the contract run?
The initial term runs from 12 October 2026 to 11 October 2027. Up to two one-year extensions could extend it to 11 October 2029.
Was the contract signed?
Yes. The published contract data gives a signed date of 12 October 2026.
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.