Award

Managed Finance System

CARE QUALITY COMMISSION

This public procurement record has 1 release in its history.

Award

20 Oct 2021 at 15:59

Award Notice
Summary of the contracting process

The Care Quality Commission is conducting a procurement process for a Managed Finance System, aiming to manage financial transactions within the health sector. This tender falls under the industry category of financial transaction processing and clearing-house services (CPV code: 66172000) and is located in the North East of the United Kingdom. The procurement has reached the award stage, with the award decision made on 1st May 2021. The total value of the contract is £806,978, with a contract period commencing on 1st July 2021 and concluding on 30th June 2023. This procurement method was selective, involving a call-off from a framework agreement.

This tender presents a significant opportunity for small and medium-sized enterprises (SMEs) as well as voluntary, community, and social enterprises (VCSEs) to engage in the public sector. Businesses specialising in financial transaction processing services are particularly well-suited to compete for this contract. Given the contract's focus on managing financial transactions for health services, providers offering innovative financial solutions and proficient transaction management capabilities could find promising opportunities for growth and collaboration within the healthcare sector.

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Notice Information

Notice Title

Managed Finance System

Notice Description

Management of financial transactions

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-145958f3-04ba-472f-86b3-ce8417ef8d90
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/328df0a4-b4c2-454b-96f2-c63d0f4b6eea
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£806,978 £500K-£1M
Lots Value
Not specified
Awards Value
£806,978 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Oct 20214 years ago
Submission Deadline
1 May 2021Expired
Future Notice Date
Not specified
Award Date
30 Apr 20214 years ago
Contract Period
30 Jun 2021 - 30 Jun 2023 1-2 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
CARE QUALITY COMMISSION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE1 4PA
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England)
Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

NHS SHARED BUSINESS SERVICES

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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