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Governance, Risk and Compliance (GRC) software solution

British Business Bank · Central government

In brief

British Business Bank has announced plans to buy IT and software work. This is an early notice: there is nothing to bid on yet, but it tells you a tender may follow.

The estimated value is £1,100,000 excluding VAT.

The contract runs for 6 years, up to 8 years with extensions, starting 31 October 2026.

Built from the notice's own fields. Always check the official notice before you bid.

Can I win this?

Competition

Usually high: a median of 6 bids per contract for IT and software contracts across the UK (from 912 awards in the last 12 months).

What the notice says

The Authority aims to procure a scalable, integrated Governance, Risk and Compliance (GRC) software solution, capable of supporting its organisational growth and any required regulatory obligations. The solution is intended to consolidate risk data from across the Authority into a single platform that strengthens oversight, enhances analysis & reporting, improves operational efficiency, and ensures accountability. A GRC tool may also provide the opportunity to identify data synergies and move away from several systems used across the Authority. Purpose of the notice The Authority’s aim in issuing this Pre‐Market Engagement Questionnaire is to: Understand market capability, maturity and suitability Understand delivery approaches, risk and commercial viability Identify gaps, assumptions and market insights Responses gathered through this questionnaire will inform the Authority’s approach to procuring a scalable, integrated Governance, Risk and Compliance (GRC) software solution capable of supporting organisational growth and meeting current and future regulatory obligations.

How to bid

  1. Read the full notice on Find a Tender, including any tender documents it links to.
  2. Register your organisation on the Central Digital Platform (through Find a Tender) if you have not already. Suppliers need to be registered to take part in procurements under the Procurement Act 2023.
  3. Follow the submission instructions in the notice; it does not name an e-tendering portal.

Timeline

  1. Preliminary market engagement notice · UK2, notice 033422-2026

Last time this was bought

Governance Risk and Compliance tool

Won by
Decision Focus
Awarded
10 September 2026
Value
£1,100,000
Bids
21

Matched on British Business Bank, the type of work and the title. Check the notice to be sure.

About the buyer

British Business BankLast 12 months

Procurements

49

Awards

33

Suppliers it has used most for IT and software

All tenders and awards from British Business Bank

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From notice 033422-2026 on Find a Tender, first published 13 April 2026. We last checked for changes on 28 September 2026.