Award

Tender for Cloud Hosted Financial Management System

WELLAND PROCUREMENT

This public procurement record has 2 releases in its history.

Award

04 Dec 2018 at 10:18

Award Notice
Tender

01 Oct 2018 at 13:52

Tender Notice
Summary of the contracting process

The Welland Procurement authority is seeking tenders for a Cloud Hosted Financial Management System, aimed at delivering a hosted financial system across multiple councils in the East Midlands, UK. The procurement process is currently at the award stage, with bids having closed on 31st October 2018. The total value of the contract is estimated at £3,785,000 over a maximum 15-year term, with the contract period scheduled to run from 4th February 2019 to 31st March 2024. Interested bidders were required to meet mandatory criteria specified in the tender documents.

This tender presents significant opportunities for businesses specialising in Software as a Service (SaaS) solutions, particularly those focusing on financial systems. Small and medium-sized enterprises (SMEs) would be especially well-suited to compete, given the procurement's emphasis on meeting specific implementation and operational criteria. With several councils eligible to utilise the resulting contract, successful bidders could establish long-term partnerships and expand their market presence within local government procurement.

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Notice Information

Notice Title

Tender for Cloud Hosted Financial Management System

Notice Description

The Councils are seeking a suitably experienced supplier to provide a hosted financial system. The value identified in this notice is split between the Councils named in the procurement. It is a combination of estimated implementation costs and an annual price for the maximum 15 year contract term. Interested bidders are asked to note the Mandatory Criteria available in the Specification before making a decision on whether or not to submit a tender. Bidders must be able to meet those mandatory criteria in order to be eligible to tender for this requirement. Bidders are also asked to note that in addition to those Councils jointly procuring this contract, the following additional Councils are eligible to make use of the ensuing contract: Blaby District Council: value within the overall contract value is PS600,000 Oadby and Wigston District Council: value within the overall contract value is PS375,000 Hinckley and Bosworth District Council: value within the overall contract value is PS585,000 All Councils named in this procurement reserve the right to increase or decrease the number of software licences they require during the term of the contract as their business need changes. Please be aware that the Councils are looking for a SaaS rather than traditional licencing agreement. Tender documents can be found at the following address: www.eastmidstenders.org

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-29517f44-7a1b-449e-878b-d36add772398
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e768fc69-09cd-47d5-84e6-9b01e39da8d1
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48442000 - Financial systems software package

Notice Value(s)

Tender Value
£3,785,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
4 Dec 20187 years ago
Submission Deadline
31 Oct 2018Expired
Future Notice Date
Not specified
Award Date
4 Dec 20187 years ago
Contract Period
4 Feb 2019 - 31 Mar 2024 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
WELLAND PROCUREMENT
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MELTON MOWBRAY
Postcode
LE13 1GH
Post Town
Leicester
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF22 Leicestershire CC and Rutland
Delivery Location
TLF East Midlands (England)
Local Authority
Melton
Electoral Ward
Melton Warwick
Westminster Constituency
Melton and Syston

Supplier Information

Number of Suppliers
1
Supplier Name

NO AWARD MADE

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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