Award

Oracle Support Renewal 2024-25 - Award

FINANCIAL OMBUDSMAN SERVICE

This public procurement record has 2 releases in its history.

Award

08 May 2024 at 11:07

Award Notice
Tender

15 Mar 2024 at 10:49

Tender Notice
Summary of the contracting process

The Financial Ombudsman Service has awarded a contract for Oracle Support Renewal 2024-25. The contract, valued at £154,717.30 GBP, involves software packages and information systems. The procurement method used was an Open procedure below threshold. The contract period will start on April 6, 2024, and end on April 5, 2025. The award was published on March 27, 2024, following a tender period that ended on March 22, 2024. The buying organisation is based in London, United Kingdom.

Businesses specialising in supplying software packages and IT solutions, particularly those experienced in providing Oracle support services, would find opportunities for growth in this contract. Small and medium-sized enterprises (SMEs) are well-suited to compete, as the tender indicates a preference for SMEs. The Financial Ombudsman Service, the contracting authority, has highlighted its interest in engaging with capable suppliers to meet its software support needs, suggesting a favourable environment for competitive bidding.

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Notice Information

Notice Title

Oracle Support Renewal 2024-25 - Award

Notice Description

Award notice of Oracle support for 12 months

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-616ef0b0-956e-4282-b1a2-12df30bd9081
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/930c6755-1766-48f4-986d-3d97faa2decf
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 (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£154,717 £100K-£500K
Lots Value
Not specified
Awards Value
£154,717 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 May 20241 years ago
Submission Deadline
22 Mar 2024Expired
Future Notice Date
Not specified
Award Date
27 Mar 20241 years ago
Contract Period
5 Apr 2024 - 5 Apr 2025 6-12 months
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
FINANCIAL OMBUDSMAN SERVICE
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
E14 9SR
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
TLI London
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

PHOENIX SOFTWARE

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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