Finance System and Infor BI Software & Maintenance

OFGEM

There is 1 contract in this contracting process.

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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Finance System and Infor BI Software & Maintenance

OFGEM

Contract Timeline

Publication Date

2nd May 2025 16:45:04 PM
Contract Summary

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.
Contract Details

Open Contracting ID

ocds-b5fd17-40323c7d-a14e-4c53-847d-8d67f90b23ba

Publication Source

Contracts Finder

Procurement Stage

Award

Procurement Method

Open

Procurement Method Details

Open Procedure

Procurement Category

Services

Tender Suitability

SME

Framework / DPS
Contract Classification

CPV Code(s)

48000000
72261000
72267000

CPV Division(s)

48 - Software package and information systems
72 - IT services: consulting, software development, Internet and support
Awarding Authority

OFGEM

Buyer Name

Kirsty McVeigh

Buyer Email

procurement2@ofgem.gov.uk

Buyer Phone

+44 2079017000

Buyer Address

10 South Colonnade, Canary Wharf

London

E14 4PU

England
Awarded Supplier(s)

Supplier Name(s)

NTT DATA UK LTD

View contract on Contracts Finder

Finance System and Infor BI Software & Maintenance

OFGEM

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority

Awarded Supplier(s)