Awarded without open competition
Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.
Key facts
- Buyer
- The Mayor and Commonalty and Citizens of the City of London · Regional or local authority
- Supplier
- ARGUS Software (UK) Ltd
- Value
- £80,172.10
- Procedure
- Single tender action (below threshold)
- Sector
- Software & information systems · Industry specific software package (CPV 48100000)
- Region
- London
- Official notice
- View on Contracts Finder
- Timeline
-
- Contract date5 Jan 2026
- Published12 Jan 2026Published 7 days after the contract date
Description
Argus Cloud is the Corporation's real estate software used by the Investment Property Group within the City Surveyor's Department to manage the investment property portfolio. The system comprises two core applications: Argus Enterprise, used for valuations and cash flow forecasting, and Argus Developer, used for development appraisals. Argus is a critical system supporting estate planning and investment decision-making. This award is for a further one-year period to maintain service continuity while we prepare to return to the market, either through market engagement or, if no suitable alternatives are identified, a decision to re-award.
About the supplier
ARGUS Software (UK) Ltd: every public contract they have won.