Award

Financial Management System

THE WESTMINSTER FOUNDATION FOR DEMOCRACY LIMITED

This public procurement record has 3 releases in its history.

Award

29 Jul 2019 at 13:56

Award Notice
TenderAmendment

15 Feb 2019 at 11:05

Tender Notice
Tender

29 Jan 2019 at 16:42

Tender Notice
Summary of the contracting process

The Westminster Foundation for Democracy Limited is seeking to procure a Financial Management System through an open tender process. This contract, valued at £50,000, is intended for the supply, implementation, and ongoing support of financial management software that can handle multi-currency transactions, manage income and expenditure, and produce essential reports. The tender period concluded on 20th February 2019, and the contract is set to commence on 1st April 2019, lasting until 31st March 2021. The focal delivery location is London, United Kingdom, and the procurement falls under the services category related to financial analysis and accounting software.

This tender presents substantial opportunities for businesses, particularly small and medium enterprises (SMEs) that specialise in software development and financial systems. Companies experienced in providing financial analysis tools and software solutions can leverage this opportunity to contribute to an organisation aimed at optimising its resource management and fulfilling its audit requirements. Given the anticipated scale and requirements of the contract, organisations capable of delivering a tailored software solution with maintenance support would be well-suited to compete for this contract.

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Notice Information

Notice Title

Financial Management System

Notice Description

WFD is looking to procure the supply, implementation, and maintenance support of a new financial management software solution enabling the organisation to accurately, and efficiently, record and process all of its accounting transactions (multi-currency), manage its income & expenditure, particularly in relation to funding/project management and budgeting & forecasting while satisfying WFD's audit requirements. There is a need to have the ability to generate reports to enhance business acumen enabling Managers to fully utilise WFD's resources to the best of their ability. Information on how to bid for this tender, including full specification, terms and conditions, and supplier questions and answers can be found in the tender notice and instructions (linked below).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-84807462-6745-4e21-b57b-b80de784ac40
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bf82464e-aa5f-458d-b5c7-e87a14b9b34b
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48440000 - Financial analysis and accounting software package

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£76,254 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Jul 20196 years ago
Submission Deadline
20 Feb 2019Expired
Future Notice Date
Not specified
Award Date
22 Mar 20196 years ago
Contract Period
31 Mar 2019 - 1 Dec 2020 1-2 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
THE WESTMINSTER FOUNDATION FOR DEMOCRACY LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1P 1RT
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

XPEDITION

Further Information

Notice Documents

Notice URLs

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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