Award

Early Payment, Insight and Pipeline Software

PETERBOROUGH CITY COUNCIL

This public procurement record has 1 release in its history.

Award

16 Jan 2025 at 11:02

Summary of the contracting process

Peterborough City Council has completed the tendering process for the provision of Early Payment, Insight, and Pipeline Software, classified under Financial and Insurance Services (CPV 66000000) and industry-specific software packages (CPV 48100000). The procurement, valued at £329,750, was conducted via direct award to Oxygen Finance Limited. The contract period commenced on 1st March 2023 and will conclude on 12th February 2028. The details of this award were published on 16th January 2025. The software and related services will be delivered across various locations in England, United Kingdom.

This tender offers significant opportunities for businesses specialising in financial and insurance software solutions, particularly those looking to provide bespoke services to public sector organisations. Companies with expertise in developing and implementing payment and financial insight software can leverage this opportunity to establish a strong partnership with a prominent public authority. Although this specific contract was awarded to an SME, the nature of the service requirements indicates potential future opportunities for similar firms within this market segment.

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Notice Title

Early Payment, Insight and Pipeline Software

Notice Description

Early Payment, Insight and Pipeline Software

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-53c7744f-cfb0-4e00-8fad-1ff9c7599040
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/31437cc5-fc4f-4f59-861e-c32f55dedd56
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services


CPV Codes

48100000 - Industry specific software package

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£329,750 £100K-£500K
Lots Value
Not specified
Awards Value
£329,750 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jan 20251 years ago
Submission Deadline
1 Feb 2023Expired
Future Notice Date
Not specified
Award Date
13 Feb 20233 years ago
Contract Period
1 Mar 2023 - 12 Feb 2028 4-5 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
PETERBOROUGH CITY COUNCIL
Contact Name
Richard McCarthy
Contact Email
richard.mccarthy@peterborough.gov.uk
Contact Phone
+44 1733384606

Buyer Location

Locality
PETERBOROUGH
Postcode
PE2 8TY
Post Town
Peterborough
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH41 Peterborough
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Peterborough
Electoral Ward
Fletton and Stanground
Westminster Constituency
North West Cambridgeshire

Supplier Information

Number of Suppliers
1
Supplier Name

OXYGEN FINANCE

Open Contracting Data Standard (OCDS)

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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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