Award

Provision of Financial Services and Systems

THE SOUTH TEES HOSPITALS NHS FOUNDATION TRUST

This public procurement record has 1 release in its history.

Award

09 Mar 2020 at 17:45

Award Notice
Summary of the contracting process

The South Tees Hospitals NHS Foundation Trust is seeking providers for the "Provision of Financial Services and Systems", with a total contract value of £5,577,000. This procurement falls under the category of financial transaction processing and is situated in the North East of England. The procurement method employed is a selective tendering procedure, with the tender period having ended on 20 August 2019. The contract commences on 1 April 2020 and runs until 31 March 2027.

This contracting opportunity presents significant potential for business growth, particularly for small and medium-sized enterprises (SMEs) that offer financial services such as payroll, receivables, and payable services. Competitors with experience in providing comprehensive financial systems that include E-Procurement functionalities will be especially well-suited to compete. This contract not only allows for sustained engagements over several years but also aligns with the increasing demand for efficient financial service solutions in the healthcare sector.

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Notice Information

Notice Title

Provision of Financial Services and Systems

Notice Description

South Tees Hospitals NHS Foundation Trust is seeking a Provider(s) with the appropriate product range, experience and competitive pricing to supply it with Financial Services to include Payroll, Receivables and Payable Services and the provision of Financial Systems which must include E Procurement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-28018eb9-a919-436a-8f2a-9f97d428e48c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/00f2ca06-0696-48db-b45f-daa9076754fc
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Large

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
£5,577,000 £1M-£10M
Lots Value
Not specified
Awards Value
£5,577,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
9 Mar 20205 years ago
Submission Deadline
20 Aug 2019Expired
Future Notice Date
Not specified
Award Date
3 Mar 20205 years ago
Contract Period
31 Mar 2020 - 31 Mar 2027 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
THE SOUTH TEES HOSPITALS NHS 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
MIDDLESBROUGH
Postcode
TS4 3BW
Post Town
Cleveland
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC32 South Teesside
Delivery Location
TLC North East (England)
Local Authority
Middlesbrough
Electoral Ward
Longlands & Beechwood
Westminster Constituency
Middlesbrough and Thornaby East

Supplier Information

Number of Suppliers
1
Supplier Name

ELFS SHARED SERVICES

Further Information

Notice Documents

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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