Award

Provision of Integrated Single Financial Environment

NHS ENGLAND

This public procurement record has 1 release in its history.

Award

09 Dec 2022 at 18:04

Summary of the contracting process

The procurement process for the provision of an Integrated Single Financial Environment was completed by NHS England. The contract falls under the financial transaction processing and clearing-house services industry category. The contract value is £350,000,000 with a contract start date of 3rd October 2022 and an end date of 31st March 2031. The procurement method used was selective, specifically calling off from a framework agreement. The tender period ended on 14th April 2022, and the buying organization is located in London, England.

This tender opportunity, managed by NHS England, can benefit businesses offering financial systems software packages or financial transaction processing services. The contract, awarded to NHS Shared Business Services, presents a significant growth opportunity, with a contract value of £350,000,000 over the contract period. Businesses specialized in financial services software and transaction processing should consider engaging with NHS England to explore potential partnerships or subcontracting opportunities.

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Notice Title

Provision of Integrated Single Financial Environment

Notice Description

ISFE is a Financial Platform and Services Contract

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-701fda99-cbf4-4b1b-81da-7f4487f1a4cc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cdc4cf04-3369-4891-8da6-057a422ec550
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services


CPV Codes

48442000 - Financial systems software package

66172000 - Financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
£350,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
£108,200,000 £100M-£1B
Contracts Value
Not specified

Notice Dates

Publication Date
9 Dec 20223 years ago
Submission Deadline
14 Apr 2022Expired
Future Notice Date
Not specified
Award Date
29 Nov 20223 years ago
Contract Period
2 Oct 2022 - 31 Mar 2031 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
NHS ENGLAND
Contact Name
Nick Knight
Contact Email
nicholas.knight@nhs.net
Contact Phone
+447730375548

Buyer Location

Locality
LONDON
Postcode
SE1 8UG
Post Town
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI45 Lambeth
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
Lambeth
Electoral Ward
Waterloo & South Bank
Westminster Constituency
Vauxhall and Camberwell Green

Supplier Information

Number of Suppliers
1
Supplier Name

NHS SHARED BUSINESS SERVICES

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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