Financial Planning & Forecasting System

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-70c9d276-f1aa-4832-9b61-e297fc42a47e-2023-11-16T15:19:09Z",
    "date": "2023-11-16T15:19:09Z",
    "ocid": "ocds-b5fd17-70c9d276-f1aa-4832-9b61-e297fc42a47e",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "FRC2022-001",
        "title": "Financial Planning & Forecasting System",
        "description": "THIS IS A CONTRACT AWARD NOTICE The Financial Reporting Council sets the UK accounting, audit and actuarial standards and administers the Corporate Governance and Stewardship Codes. As the competent authority for audit in the UK the FRC sets auditing and ethical standards and monitors and enforces audit quality. The FRC works in the public interest. Our work is aimed at investors and others who rely on company reports, audit, and high-quality risk management. This Notice relates to our Financial Planning & Forecasting System. The FRC requires a Planning and Forecasting solution with reporting, consolidation, and analysis capabilities. Financial forecasting allows management teams to anticipate results based on previous financial data and expected changes. It will enable the FRC to optimize the forecasting activity to deliver enhanced benefits to the FRC. The FRC's aim is to procure a cloud-based SaaS application for comprehensive budgeting, forecasting, analysis, and financial reporting. The ideal solution must be suitable for public sector entity. In addition, the financial forecasting system will allow to automate forecasting processes, forecast the impact of multiple scenarios, and quickly identify where, when, and why actuals differ from the plan, so that the FRC's Finance Team can take appropriate action. Full details are available in the attached Invitation to Tender (ITT) and associated documents. NOTE : The FRC does not anticipate tender bids over PS110,000 excluding VAT over the duration of the Agreement. Note: The FRC reserves the right to reject tenders that exceed this value. Additional information: THIS IS A CONTRACT AWARD NOTICE. THIS RELATES TO PROFESSIONAL SERVICE.",
        "datePublished": "2022-02-09T18:13:02Z",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "48441000",
            "description": "Financial analysis software package"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "48442000",
                "description": "Financial systems software package"
            },
            {
                "scheme": "CPV",
                "id": "48443000",
                "description": "Accounting software package"
            },
            {
                "scheme": "CPV",
                "id": "48444000",
                "description": "Accounting system"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "EC2Y 5AS"
                    },
                    {
                        "postalCode": "EC2Y 5AS"
                    },
                    {
                        "postalCode": "EC2Y 5AS"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 75000,
            "currency": "GBP"
        },
        "value": {
            "amount": 170000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure (below threshold)",
        "tenderPeriod": {
            "endDate": "2022-03-02T16:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2022-03-31T00:00:00+01:00",
            "endDate": "2025-03-30T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/3f4f68d8-6203-4c5a-a16e-0a958375c594",
                "datePublished": "2022-02-09T18:13:02Z",
                "format": "text/html",
                "language": "en",
                "dateModified": "2022-02-18T17:09:27Z"
            },
            {
                "id": "2",
                "documentType": "technicalSpecifications",
                "description": "ITT - Financial Planning & Forecasting System",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/fbecb008-b0bc-40fb-a591-49cfb4b19878",
                "format": "application/pdf"
            },
            {
                "id": "3",
                "documentType": "contractDraft",
                "description": "Schedule A - Order Form and T&C's",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/5090e83d-46aa-4135-90c8-7093a611e2c8",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "4",
                "documentType": "biddingDocuments",
                "description": "Schedule B - Form of Tender Response",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/3e5cd671-fb55-4c7c-90ff-3e53d38d6302",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "5",
                "documentType": "biddingDocuments",
                "description": "Schedule C - Supplier Due Diligence Questionnaire",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/f7ea854e-ec26-4744-8762-ad13c3e8661c",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            },
            {
                "id": "8",
                "documentType": "technicalSpecifications",
                "description": "ITT - Financial Planning & Forecasting System",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/fbecb008-b0bc-40fb-a591-49cfb4b19878",
                "format": "application/pdf"
            },
            {
                "id": "9",
                "documentType": "contractDraft",
                "description": "Schedule A - Order Form and T&C's",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/5090e83d-46aa-4135-90c8-7093a611e2c8",
                "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/Z4T88dvU",
            "name": "THE FINANCIAL REPORTING COUNCIL LIMITED",
            "identifier": {
                "legalName": "THE FINANCIAL REPORTING COUNCIL LIMITED",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/Z4T88dvU"
            },
            "address": {
                "streetAddress": "8Th Floor,125 London Wall",
                "locality": "LONDON",
                "postalCode": "EC2Y5AS",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Head of Procurement",
                "email": "procurement@frc.org.uk",
                "telephone": "020 7492 2300"
            },
            "details": {
                "url": "http://www.frc.org.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-03789243",
            "name": "ICit Business Intelligence Limited",
            "identifier": {
                "legalName": "ICit Business Intelligence Limited",
                "scheme": "GB-COH",
                "id": "03789243"
            },
            "address": {
                "streetAddress": "Mere Hall Business Centre Bucklow Hill Lane Mere Knutsford Cheshire WA16 6LE"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/Z4T88dvU",
        "name": "THE FINANCIAL REPORTING COUNCIL LIMITED"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-70c9d276-f1aa-4832-9b61-e297fc42a47e-1",
            "status": "active",
            "date": "2022-07-06T00:00:00+01:00",
            "datePublished": "2023-11-16T15:19:09Z",
            "value": {
                "amount": 32500,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-03789243",
                    "name": "ICit Business Intelligence Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2022-11-06T00:00:00Z",
                "endDate": "2024-11-05T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/a4af9d28-1ba2-49d5-a6b2-cfc7db51eb12",
                    "datePublished": "2023-11-16T15:19:09Z",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "documentType": "technicalSpecifications",
                    "description": "ITT - Financial Planning & Forecasting System",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/fbecb008-b0bc-40fb-a591-49cfb4b19878",
                    "format": "application/pdf"
                },
                {
                    "id": "3",
                    "documentType": "contractDraft",
                    "description": "Schedule A - Order Form and T&C's",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/5090e83d-46aa-4135-90c8-7093a611e2c8",
                    "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
                },
                {
                    "id": "4",
                    "documentType": "biddingDocuments",
                    "description": "Schedule B - Form of Tender Response",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/3e5cd671-fb55-4c7c-90ff-3e53d38d6302",
                    "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
                },
                {
                    "id": "5",
                    "documentType": "biddingDocuments",
                    "description": "Schedule C - Supplier Due Diligence Questionnaire",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/Attachment/f7ea854e-ec26-4744-8762-ad13c3e8661c",
                    "format": "application/vnd.openxmlformats-officedocument.wordprocessingml.document"
                }
            ]
        }
    ]
}