Award

SaaS Financial Recording System

OFFICE FOR STANDARDS IN EDUCATION, CHILDRENS SERVICES AND SKILLS

This public procurement record has 1 release in its history.

Award

06 Dec 2024 at 09:08

Award Notice
Summary of the contracting process

The Office for Standards in Education, Children's Services and Skills (Ofsted) has completed a procurement process to secure a SaaS Financial Recording System. The contract, titled "SaaS Financial Recording System," falls under the industry category of software packages and information systems. The awarded contract will replace the on-premises 'Unit4 Financials by Coda' system with a cloud-based alternative, to ensure continued support beyond January 2025. The procurement method was a Direct Contractual Agreement, and the contract was awarded on 9th May 2024, with the contract period starting on 31st December 2024 and ending on 30th December 2027. The total contract value is £604,888, and the delivery location is England, United Kingdom.

This tender represents a significant opportunity for large software businesses specialising in financial systems and SaaS solutions. Businesses with experience in delivering cloud-based financial recording solutions will find this contract suitable for growth and stability due to its multi-year span. In particular, companies that can provide seamless integrations, robust customer support, and scalable solutions tailored for public sector needs will be well-positioned to compete in this market. The contract has been awarded to Unit 4, indicating a preference for experienced and large-scale suppliers. Businesses looking to target similar opportunities should consider strengthening their expertise in cloud-based financial systems and ensuring robust service delivery capabilities to meet the needs of organisations like Ofsted.

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Notice Information

Notice Title

SaaS Financial Recording System

Notice Description

Ofsted's existing finance system 'Unit4 Financials by Coda' (CODA) is an on-premise solution. On-Prem support is due to be phased out in January 2025 so a new contract has been awarded to enable continued use ot the CODA SaaS (service as a software) cloud-based alternative.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6ac4c4f1-a615-47b8-83f4-de850010811a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/eedcbb9b-fdee-4e73-aa80-77a0d863f8a9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Direct Contractual Agreement
Tender Suitability
Not specified
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
£604,888 £500K-£1M
Lots Value
Not specified
Awards Value
£604,888 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
6 Dec 20241 years ago
Submission Deadline
9 May 2024Expired
Future Notice Date
Not specified
Award Date
8 May 20241 years ago
Contract Period
31 Dec 2024 - 30 Dec 2027 2-3 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
OFFICE FOR STANDARDS IN EDUCATION, CHILDRENS SERVICES AND SKILLS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MANCHESTER
Postcode
M1 2WD
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
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
Manchester
Electoral Ward
Piccadilly
Westminster Constituency
Manchester Central

Supplier Information

Number of Suppliers
1
Supplier Name

UNIT 4

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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