Award

Provision and Implementation of a Fully Integrated Source to Settle Solution

POST OFFICE LIMITED

This public procurement record has 1 release in its history.

Award

24 Jun 2019 at 07:47

Summary of the contracting process

The procurement process titled "Provision and Implementation of a Fully Integrated Source to Settle Solution" was initiated by Post Office Limited, located in London, England. This tender falls under the IT services industry category and was awarded on 30 May 2019, with an estimated value of £5,000,000. The procurement method used was selective, employing a competitive procedure with negotiation, and the contract is set for a five-year term starting from the award date, with potential extensions for a further five years. The tender period concluded on 30 May 2019.

This contract presents significant opportunities for businesses specialising in IT services, particularly those offering software as a service (SaaS) solutions encompassing eSourcing, Purchase to Pay, and Contract Management. Companies that are well-suited to compete for similar tenders include small and medium enterprises (SMEs) with a strong track record in integrated software solutions and those capable of implementing extensive IT projects within the public sector. The long contract duration also provides a stable revenue stream for successful bidders.

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Notice Title

Provision and Implementation of a Fully Integrated Source to Settle Solution

Notice Description

Provision of a fully integrated Source to Settle software service, (Software as a Service), including eSourcing, Purchase to Pay and Contract Management along with every process in between, and the initial implementation. The initial contract will be for a five year term with the potential for a three year and two year extension(maximum contract length ten years).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4a69c940-aa5d-4e3b-b8c3-168513fcca6a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3343292b-89e5-4d39-b4c2-a22ef7fca812
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

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

Notice Dates

Publication Date
24 Jun 20196 years ago
Submission Deadline
30 May 2019Expired
Future Notice Date
Not specified
Award Date
29 May 20196 years ago
Contract Period
29 May 2019 - 29 May 2029 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
POST OFFICE LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC2Y 9AQ
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified

Local Authority
Islington
Electoral Ward
Bunhill
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

WAX DIGITAL

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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