AWARD OUTCOME
What happened
South East Wales Corporate Joint Committee awarded the Venture Into Innovation Programme to Tramshed Tech Lmited through a below-threshold direct award without competition. The published contract record states that it was signed on 30 September 2026 and is active from 1 October 2026 to 31 March 2027.
Published outcomeOne active award and linked active contract are recorded for supplier Tramshed Tech Lmited. The contract value is £52,600 excluding VAT (£62,120 including VAT).
Market significanceThis is a small, directly awarded Welsh public-sector services contract for delivery of an innovation programme cohort, including sessions, onboarding and an accredited qualification.
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
Tramshed Tech Lmited
97% confidenceAward 1 · Lots 1 · £52,600 excluding VAT; £62,120 including VAT GBP · Active award and linked active contract
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Award 1 names Tramshed Tech Lmited as its supplier. Contract 1 is linked to award 1 and states values of GBP 52,600 and GBP 62,120 gross.
LIFECYCLE
Award or contract stage
Notice type
99% confidenceContract details notice on Find a Tender
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Process notice type and contract document description both state “Contract details notice on Find a Tender”.
Award status
98% confidenceActive
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Award 1 has status “active”.
Contract status
98% confidenceActive
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Contract 1 has status “active”.
Contract signature
99% confidenceSigned 30 September 2026
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Contract 1 dateSigned is 2026-09-30.
VALUES
Published values explained
Contract value excluding VAT
99% confidence£52,600
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Contract 1 value.amount is 52600 GBP.
Contract value including VAT
99% confidence£62,120
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Contract 1 value.amountGross is 62120 GBP.
TIMELINE
Procurement timeline
Contract signed
99% confidence30 September 2026
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Contract 1 dateSigned is 2026-09-30.
Contract start
99% confidence1 October 2026
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Contract 1 period.startDate is 2026-10-01.
Contract end
99% confidence31 March 2027
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Contract 1 period.endDate is 2027-03-31.
Notice published
99% confidence20 October 2026
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The contract details notice datePublished is 2026-10-20.
SCOPE
What was awarded
Programme
99% confidenceVenture Into Innovation Programme, funding Cohort 2
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Tender title and description identify the programme and Cohort 2.
Published delivery content
98% confidence12 sessions, pre-programme onboarding, a Level 3 Encouraging Innovation accredited qualification, Investment Zone cluster targeting and a four-stage outcomes framework
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Tender description lists these delivery elements.
Procurement category
99% confidenceServices
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Award 1 mainProcurementCategory is “services”.
Classification
99% confidenceCPV 73000000 — Research and development services and related consultancy services
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Award item 1 lists this CPV classification.
Delivery area
92% confidenceUKL22, Wales
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Award item delivery address is region UKL22, United Kingdom.
PROCEDURE
Procedure and competition
Procurement method
99% confidenceDirect
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Tender procurementMethod is “direct”.
Competition basis
99% confidenceBelow threshold - without competition
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Tender procurementMethodDetails states “Below threshold - without competition”.
Above-threshold status
99% confidenceNo
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Contract 1 aboveThreshold is false.
Lots
99% confidenceOne published lot (Lot 1)
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Tender lists Lot 1; award 1 is related to Lot 1.
CONTRACT TERMS
Published contract terms
Term
99% confidence1 October 2026 to 31 March 2027
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Contract 1 period specifies these dates.
Duration
95% confidenceApproximately 6 months
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Calculated from the explicit contract period of 1 October 2026 to 31 March 2027.
VAT treatment
99% confidence£52,600 excluding VAT and £62,120 including VAT
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Contract value provides amount and amountGross.
COMMERCIAL VIEW
Commercial observations
Commercial route
99% confidenceThe buyer used a below-threshold direct award without competition.
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Tender procurementMethodDetails states “Below threshold - without competition”.
Programme evolution
97% confidenceThe notice describes Cohort 2 as building on evidence and learning from Cohort 1.
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Tender description expressly states this relationship.
Published evaluation rationale
99% confidenceUnknown
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Information not supplied in the published notice.
DATA QUALITY
Gaps and source limitations
Supplier identity status
99% confidenceThe supplier name is source-reported and has not been independently verified in the supplied data.
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supplier_identity_status is “not_applicable”; no verified company name or company number is supplied.
Date inconsistency
99% confidenceThe programme description says Cohort 2 runs September 2026 to February 2027, while the signed contract period is 1 October 2026 to 31 March 2027.
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Tender description and contract period provide different date ranges.
Lot detail
99% confidenceLot 1 has no published title, description or individual value.
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Lot 1 fields are null apart from status.
Competition and evaluation detail
97% confidenceBid counts, evaluation criteria, scores and award rationale are not supplied in the published notice.
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No such fields are present in the supplied record.
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- The supplier name “Tramshed Tech Lmited” is source-reported; no verified company name or company number is supplied.
- The programme description gives a September 2026 to February 2027 cohort timeframe, which differs from the contract period of 1 October 2026 to 31 March 2027.
- Information not supplied in the published notice includes bid counts, evaluation details, award rationale, extension options, renewal terms, lot title, lot description and individual lot value.
MARKET THEMES
Relevant award themes
Venture Into Innovation ProgrammeSouth East Wales Corporate Joint CommitteeTramshed Tech Lmiteddirect awardinnovation programmeCardiff procurement
COMMON QUESTIONS
About this award
Who was awarded the Venture Into Innovation Programme contract?
The published award names Tramshed Tech Lmited. The supplied data does not independently verify the supplier's legal company identity.
What is the contract value?
The published contract value is £52,600 excluding VAT and £62,120 including VAT.
Was the contract signed?
Yes. The contract record explicitly gives a signature date of 30 September 2026.
What procurement route was used?
The notice records a below-threshold direct procurement without competition.
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.