Award

UNITED KINGDOM DEBT MANAGEMENT OFFICE (DMO) TRADING SYSTEMS REPLACEMENT

CROWN COMMERCIAL SERVICE

This public procurement record has 3 releases in its history.

Award

07 Jun 2018 at 15:07

TenderAmendment

14 Jun 2017 at 12:28

Tender

02 Jun 2017 at 12:29

Summary of the contracting process

The procurement process is led by the Crown Commercial Service for the United Kingdom Debt Management Office (DMO) Trading Systems Replacement. This initiative aims to consolidate multiple financial trading systems, covering areas such as cash flow forecasting, loan management, and financial accounting. The contract, valued at £13 million with a minimum threshold of £5 million, is classified under software package and information systems and is actively in its procurement stage. The tender period concluded on 30th June 2017, while the contract period commenced on 9th March 2018, extending through to 9th March 2028.

This tender presents a significant opportunity for growth, especially for businesses specialising in software development, database services, and data management. Given the complexity and scope of the requirements, small and medium-sized enterprises (SMEs) with experience in providing IT services and solutions tailored to governmental needs would be particularly well-suited to compete. The process involves several phases, including a structured selection of potential suppliers, which ensures a fair opportunity for various providers to showcase their capabilities.

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Notice Title

UNITED KINGDOM DEBT MANAGEMENT OFFICE (DMO) TRADING SYSTEMS REPLACEMENT

Notice Description

The DMO is an Executive Agency of Her Majesty's Treasury. The DMO's responsibilities include debt and cash management for the UK Government, lending to local authorities and managing certain public sector funds. The DMO requirement is for the consolidation of a number of its financial trading systems. The new solution will include, but is not limited to, dealing, cash flow forecasting, loans and investment management, risk and collateral management, settlement, financial accounting, price/yield calculation and reconciliation and ancillary services.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-128bb33f-60d0-4f9a-8cf1-5b4ecb4b2532
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a2e553e6-fef5-427c-90d4-dc0ebe02006d
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive dialogue (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

72 - IT services: consulting, software development, Internet and support


CPV Codes

48000000 - Software package and information systems

72321000 - Added-value database services

72322000 - Data management services

Notice Value(s)

Tender Value
£13,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£7,607,237 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Jun 20187 years ago
Submission Deadline
30 Jun 2017Expired
Future Notice Date
Not specified
Award Date
8 Mar 20187 years ago
Contract Period
9 Mar 2018 - 9 Mar 2028 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CROWN COMMERCIAL SERVICE
Contact Name
Not specified
Contact Email
info@crowncommercial.gov.uk
Contact Phone
+44 3450103503

Buyer Location

Locality
LONDON
Postcode
EC3M 8UD
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
City of London
Electoral Ward
Bridge
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

FIS AVANTGARD

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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