Award

BACS Processing Software

CAPITALESOURCING

This public procurement record has 2 releases in its history.

AwardUpdate

09 Nov 2023 at 15:19

Award Notice
Award

09 Nov 2023 at 15:17

Award Notice
Summary of the contracting process

The Royal Borough of Kensington & Chelsea has awarded a service contract for BACS processing software to Finastra Limited. The procurement method used was selective, and the contract has a total value of £36,000. The contract period is from November 13, 2023, to November 13, 2027. The buying organization is capitalEsourcing located in London, United Kingdom. The procurement stage is in the award phase, with the contract notice published on November 9, 2023.

This tender for BACS processing software presents opportunities for businesses, especially those involved in software package and information systems. Small and medium-sized enterprises (SMEs) should consider competing for this contract. The contract is part of the services category and was awarded from G-Cloud 13 through a call-off from a framework agreement. Businesses interested in providing such services should explore collaboration possibilities with the Royal Borough of Kensington & Chelsea and Finastra Limited to enhance their business growth prospects.

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Notice Information

Notice Title

BACS Processing Software

Notice Description

The Royal Borough of Kensington & Chelsea (RBKC) has awarded a service contract using G-Cloud 13 to Finastra Limited for the delivery of BACS processing software. The contract has been awarded for 48 months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-803ae897-c4fd-42ca-b85d-e02fe4c0cf1b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0d91c627-0ec6-4a1d-95d6-688d7c4e1736
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
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
£18,000 Under £100K
Lots Value
Not specified
Awards Value
£36,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Nov 20232 years ago
Submission Deadline
29 Aug 2023Expired
Future Notice Date
Not specified
Award Date
3 Nov 20232 years ago
Contract Period
13 Nov 2023 - 13 Nov 2027 4-5 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
CAPITALESOURCING
Contact Name
Not specified
Contact Email
procurement@rbkc.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
W8 7NX
Post Town
West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI33 Kensington & Chelsea and Hammersmith & Fulham
Delivery Location
TLI London
Local Authority
Kensington and Chelsea
Electoral Ward
Campden
Westminster Constituency
Kensington and Bayswater

Supplier Information

Number of Suppliers
2
Supplier Names

BOTTOMLINE TECHNOLOGIES

FINASTRA

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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