Contract Name Vormetric Data Encryption - Cipher Trust

STUDENT LOANS COMPANY LIMITEDcontractContracts FinderRef 2023-TR-0130SME suitablecomplete
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Estimated value

£319k

Awarded value

£319k

Awarded 23 Dec 2024

Suppliers

1

Lots

1

1 awarded

Published

03 Jan 2025

Deadline 02 Sept 2024

Description

Currently SLC have an agreement to support and service their existing Data Encryption hardware manufactured by the company Thales. This includes a 24/7 on call agreement to provide technical support and in addition to provide any required spare parts for the Hardware if required. The primary reason for this tender for a replacement to the current operating system was the information provided to SLC by the current supplier Thales informing them the current hardware being used was becoming "end of life" meaning spares could no longer be obtained and as such could no longer be supported to be serviced. If the hardware was not "end of life" the requirements of this tender would be for a renewal of licences and hardware service and support, as per the previous tender, as the view from SLC Security personnel was the hardware was suitable for purpose. SLC undertook market research in order to ascertain the most appropriate replacement for the current hardware being used. Three options were looked at from a technical and commercial aspect: • Hardware • Virtual • Cloud After review, the Cloud option was identified as the preferred option from a technical perspective. This is in keeping with SLCs strategic approach to consider Cloud first. It is acknowledged that the Cloud approach is available from a number of manufacturers. However, in order to move away from the incumbent supplier, Thales, a project would require to be set up to explore other technology. Due to budget constraints it would not be possible to secure the budget for this discovery work. In order to ascertain the procurement route a desktop exercise was undertaken which highlighted that licences can be obtained via resellers within Framework Agreements. In addition, SLC made direct contact with the manufacturer of the Cloud product, Thales, to investigate if savings could be made by a direct award rather than via a framework re-seller. Thales explained they do not sell direct but only via framework providers. Therefore, the market engagement established that the re-seller market through existing Frameworks is the most effective approach to the market.

Scope

Reference
2023-TR-0130
Total value
£318,957.2 excluding VAT
Commercial tool
Standalone contract
Contract dates
01 Jan 2025 to 31 Dec 2027
CPV classifications
30200000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
02 Sept 2024, 4:00 pm

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£319k

Award date

23 Dec 2024

Contract start

01 Jan 2025

Contract end

31 Dec 2027