Award

Finance Management Software

HULL COLLEGE

This public procurement record has 1 release in its history.

Award

28 May 2025 at 10:23

Award Notice
Summary of the contracting process

Hull College has conducted a procurement process for a new Finance Management Software aimed at modernising financial management capabilities and enhancing efficiency. The tender, classified under the CPV code 48000000 for software package and information systems, seeks a comprehensive cloud-based system tailored to meet operational needs and regulatory standards. The procurement method was a limited competitive quotation process, with a below-threshold procurement method detail, and the contract has now been awarded. Hull College, located at Wilberforce Drive, Hull, England (HU1 3DG), required submissions by 14th April 2025, and the contract period is from 1st June 2025 to 30th May 2028. The awarded contract has a value of £165,000.

This tender presents significant opportunities for businesses specialising in financial software solutions within the Further Education sector. The contract, intended for implementation and ongoing support, demands high-quality systems demonstrated in similar-sized organisations, ensuring a tailored yet seamless integration with existing IT structures. SMEs capable of delivering innovative and robust financial systems that support continuous development and user-customisation will find this contract highly suitable for growth. The awarded supplier, Xledger, an SME known for comprehensive finance solutions, exemplifies the type of business well-positioned for success in similar procurement opportunities.

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Notice Information

Notice Title

Finance Management Software

Notice Description

You're invited by Hull College to submit a bid to tender for Financial Management Software services. We're seeking to appoint a supplier to provide, implement and support a fit for purpose comprehensive and cloud-based Finance System solution with ongoing support and training services where required. The new system should be tailored to meet the institution's operational needs, and should enhance efficiency, streamline financial processes, improve financial reporting and integrate seamlessly with the existing IT infrastructure. This initiative aims to modernise our financial management capabilities, ensuring compliance with all relevant regulatory and financial standards. Tenderers should be able to demonstrate that the system has been successfully used in similar sized organisations, ideally in the Further Education sector, and that there is high quality end user support. It is expected that the supplier will be committed to research and development of the system throughout the 3-year contract, to keep pace with technological and financial developments and that upgrades to the system and user-customised screens can take place with minimal disruption.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-83d88206-ae06-430f-88f3-83495c7b5037
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b5a6f5d3-9a88-40db-97bd-26cc69e684c5
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
SME

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
£120,000 £100K-£500K
Lots Value
Not specified
Awards Value
£165,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
28 May 20259 months ago
Submission Deadline
14 Apr 2025Expired
Future Notice Date
Not specified
Award Date
27 May 20259 months ago
Contract Period
31 May 2025 - 30 May 2028 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
HULL COLLEGE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HULL
Postcode
HU1 3DG
Post Town
Hull
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE1 East Yorkshire and Northern Lincolnshire
Small Region (ITL 3)
TLE11 Kingston upon Hull, City of
Delivery Location
Not specified
Local Authority
Kingston upon Hull, City of
Electoral Ward
St Andrew's & Docklands
Westminster Constituency
Kingston upon Hull West and Haltemprice

Supplier Information

Number of Suppliers
1
Supplier Name

XLEDGER

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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