Award

New Ofwat Finance System

WATER SERVICES REGULATION AUTHORITY

This public procurement record has 1 release in its history.

Award

12 Apr 2022 at 14:42

Summary of the contracting process

The procurement process involves the Water Services Regulation Authority (Ofwat) seeking a new finance system to provide licences and support, under the title "New Ofwat Finance System." This tender falls within the general management consultancy services category and is associated with the UK, specifically in the West Midlands and London regions. The contract was awarded on August 10, 2021, and is valued at approximately £550,705.65, with an active contract period that commenced on October 28, 2021, and will conclude on October 28, 2024. The procurement was conducted through a competitive tendering process using the CCS Framework.

This tender represents a significant opportunity for businesses within the IT and consultancy sectors, particularly those specialising in financial software and support services. As Ofwat is particularly keen on engaging with small and medium-sized enterprises (SMEs), businesses that align with these criteria and can demonstrate relevant experience in providing management consultancy services will find themselves well-positioned to compete. Those with expertise in financial systems development and government project management are particularly encouraged to participate.

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Notice Title

New Ofwat Finance System

Notice Description

Finance system licenses and support Additional information: For further information, please contact procurement@ofwat.gov.uk

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-89e0919e-e4dc-4f62-a5d5-c52634cea2ee
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/34b83e68-fbdf-47ea-9130-948e69ab10c9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Competitive tender using CCS Framework
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79411000 - General management consultancy services

Notice Value(s)

Tender Value
£550,705 £500K-£1M
Lots Value
Not specified
Awards Value
£550,705 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
12 Apr 20223 years ago
Submission Deadline
26 Jul 2021Expired
Future Notice Date
Not specified
Award Date
9 Aug 20214 years ago
Contract Period
27 Oct 2021 - 28 Oct 2024 3-4 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
WATER SERVICES REGULATION AUTHORITY
Contact Name
Zoe Henderson
Contact Email
mailbox@ofwat.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
BIRMINGHAM
Postcode
B5 4UA
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
TLG West Midlands (England), TLI London

Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

INSIGHT DIRECT (UK

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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