Award

Contract awarded for the renewal of oracle support licences 2022 - 2023

FINANCIAL OMBUDSMAN SERVICE

This public procurement record has 2 releases in its history.

AwardUpdate

29 Mar 2022 at 09:23

Award

29 Mar 2022 at 09:22

Summary of the contracting process

The Financial Ombudsman Service has awarded a contract for the renewal of Oracle support licences for the period from 6th April 2022 to 5th April 2023. This contract, valued at £133,547, was awarded to Insight Direct (UK) Ltd following a selective procurement method involving a price-only competition under Framework Contract RM6068, specifically for Technology Products and Associated Services, Lot 3. The procurement process is now complete, and the delivery addresses for the contract are located in both the West Midlands and London, United Kingdom. The tender period concluded on 24th March 2022.

This awarded contract presents growth opportunities for businesses that offer software support services, particularly those specialising in Oracle products. Small and medium enterprises (SMEs) are encouraged to pursue similar contracts, as the process has demonstrated a commitment to engaging with smaller suppliers. Companies that are adept at navigating framework agreements and possess experience in IT services should find themselves well-positioned to compete for future similar contracts within the public procurement landscape.

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Notice Title

Contract awarded for the renewal of oracle support licences 2022 - 2023

Notice Description

This notice is to inform the market that we awarded a contract to Insight Direct UK Ltd for the renewal of our oracle licences. The term of the renewal is 1 year. We ran a price only competition and It's been issued under the Framework Contract with the reference number RM6068 for the provision of Technology Products and Associated Services - Lot 3.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-aeb571d5-0a00-4841-93fd-c794ea3a8f72
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2b95e98a-747b-4975-8986-c77ba3c9c759
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Goods
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
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
£133,547 £100K-£500K
Lots Value
Not specified
Awards Value
£133,547 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Mar 20223 years ago
Submission Deadline
24 Mar 2022Expired
Future Notice Date
Not specified
Award Date
28 Mar 20223 years ago
Contract Period
5 Apr 2022 - 5 Apr 2023 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
FINANCIAL OMBUDSMAN SERVICE
Contact Name
Sheree Jones
Contact Email
procurement.enquiries@financial-ombudsman.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
E14 9SR
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLG West Midlands (England), TLI London

Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

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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