UKRI-3977 Monitoring Services Provider Dynamic Purchasing System (DPS)

Description

UKRI procures multiple low-value contracts for monitoring services. These services require technically proficient suppliers to independently review innovative projects funded by Innovate UK, ensuring they meet the terms of their investment. Through this procurement, UKRI are establishing a Dynamic Purchasing System (DPS) to procure these services. The estimated launch date of the DPS will be 1st March 2025 The DPS will function as a fully electronic tendering system, allowing suppliers to apply for admission to a "pool" of suppliers within a specified lot of which there are a total of 45 lots. Being admitted to this pool does not guarantee any work, but UKRI intends to invite tenders from suppliers within the pool for future Monitoring Services opportunities. Suppliers can apply to join the DPS at any point during its lifecycle. However, UKRI strongly encourages as many organisations as possible to apply during the Initial Joining Stage to maximise the benefits for both UKRI and the suppliers from the outset of the DPS. On average UK Research and Innovation (UKRI) have a need to award approximately 2500 contracts annually cross all Lots. The average value of a contract placed under this agreement is between £3000 to £6000 GBP excluding VAT. The Maximum value of the DPS for the full term is $40,000,000. This is a new Dynamic Purchasing System (DPS) that will replace the current one, which is set to expire on 28th February 2025. When submitting an application for the new lots, please note they can be differentiated by the reference number UKRI-3977. This Dynamic Purchasing System (DPS) agreement shall be in place for a period of 4 years commencing on 2nd December 2024 and concluding no later than 24th February 2029.