Award

Portfolio Management Solution

BUSINESS ENERGY AND INDUSTRIAL STRATEGY

This public procurement record has 1 release in its history.

Award

16 Apr 2021 at 13:19

Award Notice
Summary of the contracting process

The Business Energy and Industrial Strategy is seeking a Portfolio Management Solution through a selective procurement process, aiming to enhance project management across its defined six-stage lifecycle. The contract, valued at £186,629, is scheduled to commence on 1st April 2021 and will run until 31st March 2023. The tender period ended on 18th March 2021, with the award date recorded as 1st April 2021. The contract involves IT services related to consulting and software development and is located in London, with delivery addresses in the SW1H postal code area.

This tender presents an excellent opportunity for small and medium enterprises (SMEs) specialised in IT services, particularly those with experience in software development and project management solutions. Companies capable of providing intuitive and configurable systems that can integrate with third-party platforms such as SharePoint and Microsoft Teams would be especially well-suited to compete. The emphasis on enhancing financial tracking, real-time reporting, and user permission management highlights the potential for SMEs to expand their service offerings in the growing public sector market.

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Notice Information

Notice Title

Portfolio Management Solution

Notice Description

* Configurable system that is intuitive and easy to use. * Manage, track and report on programmes and projects across our defined 6 stage project lifecycle; from inception and business case stage through to delivery and closure. * Enter Project specific data to be able to track and report on Milestones, Finances, Earned Value, Risks, Decisions, Deliverables and Locations for each Project. * Key data to be aggregated from project level to programme level to portfolio level for reporting purposes, providing real-time programme and portfolio level dashboards. * Key data fields stay connected to the programmes and projects as they move along the project lifecycle. * Record and track portfolio finances at a Project, Programme and Portfolio level. * Report on trends across a portfolio of projects reporting on the movement of projects in between project lifecycle stages. * Provide a benefits plan and dashboard showing the value of all projects delivered across the portfolio. * Provide customised workflows that can manage a process of approvals and stage gates during the project lifecycle. * Setting individual user permissions and access rights. * Consistent templates to be generated and used as projects move along the lifecycle. * Integrate with 3rd party software. For example: SharePoint, Excel and Microsoft Teams. * A secure platform meeting recognised government standards. * Annual maintenance and future development

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-952b9fe9-2975-4078-ae62-56907cba6a2c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2d05c1df-0319-4507-985b-de3e4238aeb7
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, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£186,629 £100K-£500K
Lots Value
Not specified
Awards Value
£186,629 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Apr 20214 years ago
Submission Deadline
18 Mar 2021Expired
Future Notice Date
Not specified
Award Date
31 Mar 20214 years ago
Contract Period
31 Mar 2021 - 31 Mar 2023 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
BUSINESS ENERGY AND INDUSTRIAL STRATEGY
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
SW1H 0ET
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
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ICOTECH GROUP

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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