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E Finance System

Midlands Partnership Foundation Trust

This public procurement record has 1 release in its history.

Award

09 May 2025 at 18:09

Award Notice
Summary of the contracting process

The Midland Partnership Foundation Trust has successfully completed the procurement process for the "E Finance System" contract, classified under the financial analysis and accounting software industry. This tender, identified by the code 48440000 within the CPV classification, was awarded on 14 April 2025, and is set to commence on 1 May 2025, with its conclusion scheduled for 31 August 2032. The procurement process, which followed an 'Other' method, has now reached the Award stage. The awarded contract, valued at £1,315,211.70, spans various locations including but not limited to the United Kingdom, Europe, and British Overseas Territories. The buying organisation, Midland Partnership Foundation Trust, headquartered in Stafford, England, played a pivotal role in facilitating this tender.

This procurement of the "E Finance System" represents a significant business opportunity, particularly appealing to larger firms specialising in financial software solutions, as evidenced by Oracle Corporation UK Limited's successful bid. The long-term contract, with a duration extending over seven years, affords ample opportunity for the supplier to provide comprehensive financial systems solutions. While the suitability criteria noted that this tender was not specifically aimed at SMEs or VCSEs, businesses with a robust track record in delivering large-scale financial systems can greatly benefit from pursuing similar contracts. The awarded supplier, Oracle, demarcates a benchmark for firms within this industry, highlighting the potential for growth and expanded market reach.

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Notice Information

Notice Title

E Finance System

Notice Description

E Finance System

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-07b2f769-dd96-427b-8075-59df0b731a07
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e2e1cc62-af85-4083-ad14-9c4e91325ec1
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48440000 - Financial analysis and accounting software package

48442000 - Financial systems software package

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£1,315,211 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
9 May 20251 years ago
Submission Deadline
14 Apr 2025Expired
Future Notice Date
Not specified
Award Date
14 Apr 20251 years ago
Contract Period
1 May 2025 - 31 Aug 2032 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Midlands Partnership Foundation Trust
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
STAFFORD
Postcode
ST16 3AG
Postcode Area
Stoke-on-Trent
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG24 Staffordshire CC
Delivery Location
Not specified
Local Authority
Stafford
Electoral Ward
Coton
Westminster Constituency
Stafford

Supplier Information

Number of Suppliers
1
Supplier Name

Oracle Corporation UK Limited

Further Information

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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