Award

Financial Management System Migration to Cloud

LOUGHBOROUGH UNIVERSITY

This public procurement record has 1 release in its history.

Award

04 Dec 2024 at 12:25

Summary of the contracting process

Loughborough University has completed the procurement process for the migration of its financial management system to a cloud-based solution. The contract, titled "Financial Management System Migration to Cloud," falls under the industry category of Software packages and information systems (CPV Code 48000000). The procurement covers the East Midlands region in the United Kingdom. The contract, valued at £1,400,000, has been awarded to Unit4 Business Software Limited. The award was published on 4th December 2024, with the contract period starting on 2nd January 2025 and ending on 31st December 2030.

This tender offers substantial opportunities for businesses in the software and information systems sector, particularly those specialising in cloud solutions. The size and scale of the contract make it suitable for larger companies with the capability to manage significant projects and provide robust cloud financial management systems. Partnering on such a high-value and long-term project with a prestigious institution like Loughborough University can enhance a company's portfolio and open the door to further opportunities in the public sector.

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Notice Title

Financial Management System Migration to Cloud

Notice Description

This notice covers the University's move from the existing on premise financial management system to a cloud solution.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8549a377-d7f9-44ba-9067-8f1fc20a2b75
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6ee08350-3963-49e3-95c8-20f5c7aa091f
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
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
£1,400,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,400,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
4 Dec 20241 years ago
Submission Deadline
3 Dec 2024Expired
Future Notice Date
Not specified
Award Date
3 Dec 20241 years ago
Contract Period
2 Jan 2025 - 31 Dec 2030 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
LOUGHBOROUGH UNIVERSITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LOUGHBOROUGH
Postcode
LE11 3TU
Post Town
Leicester
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF22 Leicestershire CC and Rutland
Delivery Location
TLF East Midlands (England)

Local Authority
Charnwood
Electoral Ward
Loughborough Ashby
Westminster Constituency
Loughborough

Supplier Information

Number of Suppliers
1
Supplier Name

UNIT4 BUSINESS SOFTWARE

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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