Award

Finance System and Infor BI Software & Maintenance

OFGEM

This public procurement record has 1 release in its history.

Award

02 May 2025 at 16:45

Award Notice
Summary of the contracting process

The public procurement process overseen by Ofgem, a key regulatory body in the UK energy sector, recently concluded with an award for the provision of software licences, ongoing support, and maintenance for a financial reporting system, under the title "Finance System and Infor BI Software & Maintenance." This procurement falls within the industry category of software package and information systems, classified under CPV code 48000000, with additional focus on software maintenance and support services. This tender used an open procedure method, highlighting a transparent approach to engaging suppliers. The procurement stage reached the award phase with the award being published on 2nd May 2025, following the contract start date on 1st April 2025. This contract will be operational until 31st March 2030 and covers a wide range of delivery locations including the UK, Channel Islands, British Overseas Territories, and internationally. The total contract value is £1,236,897 GBP.

This opportunity was ideally suited for businesses specialising in software development, maintenance, and support, particularly those capable of delivering high-quality enterprise resource planning (ERP) solutions. With the procurement method being open, it encouraged a wide participation, promoting competition and transparency. The tender process facilitated significant business growth prospects, particularly for SMEs, by granting them access to long-term governmental contracts in a dynamic and evolving sector. The appointment of Ntt Data UK Ltd as the successful supplier underscores the importance of proven expertise and robust industry knowledge to compete effectively in such procurement processes. Businesses with a focus on consultancy services in finance and procurement strategy would find similar opportunities beneficial for expanding their market reach and enhancing their service portfolio.

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Notice Information

Notice Title

Finance System and Infor BI Software & Maintenance

Notice Description

To provide software licences, ongoing support and maintenance for finance and procurement reporting system. This also includes the option to access ad hoc consultancy support.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-40323c7d-a14e-4c53-847d-8d67f90b23ba
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a7278549-0161-428f-a09d-912dae6a563a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

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

72261000 - Software support services

72267000 - Software maintenance and repair services

Notice Value(s)

Tender Value
£1,236,897 £1M-£10M
Lots Value
Not specified
Awards Value
£1,236,897 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
2 May 20259 months ago
Submission Deadline
1 Jan 2025Expired
Future Notice Date
Not specified
Award Date
30 Mar 202510 months ago
Contract Period
31 Mar 2025 - 31 Mar 2030 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
OFGEM
Contact Name
Kirsty McVeigh
Contact Email
procurement2@ofgem.gov.uk
Contact Phone
+44 2079017000

Buyer Location

Locality
LONDON
Postcode
E14 4PU
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

NTT DATA

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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