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The National Security and Investment (NSI) Act which received Royal Assent on 29 April 2021, gives the Government new powers to screen investment, investigate and intervene in mergers, acquisitions and other deals that could threaten UK national security.â¯The Investment Security Unit (ISU) a new operational unit in BEIS is responsible for managing the new regime created by the NSI Act. The ISU needs an IT system that can deliver three main requirements: 1) a public facing online portal into which acquirers/businesses submit notification as required under the NS&I Act. 2) a case management system (CMS) to enable the smooth handling of high volume of case work within statutory deadlines, to ensure good workflow management, and provide management information. 3) ability to work at SECRET, given the volume of commercially sensitive information being notified to Government, and the national security judgements that will be made on this information. An outsourced team is required to deliver Private Beta and commence Public Beta phase for the Investment Security Unit (ISU) digital notification and case management system to be available in public beta by end December 2021.
| Supplier | Identifier | Award Value | Cross-References |
|---|---|---|---|
| Acubed IT Solutions Limited | 12285965 | £2,466,950 | - |
Government spending data: This supplier has received £5,472,983 in 38 payments (over £25k) from BEIS, Cabinet Office, Home Office, DESNZ, HMRC and 1 more public bodies (2020-01-09 to 2024-04-09). View full payment history →