Award

Quality Assurance Month-End Forecasting

COMPETITION AND MARKETS AUTHORITY

This public procurement record has 1 release in its history.

Award

16 Dec 2024 at 15:12

Summary of the contracting process

The Competition and Markets Authority has conducted a public procurement process to perform a quality assurance review of the current month-end pay forecasting process. This project, classified under 'System quality assurance assessment and review services' (CPV 72225000), focuses on identifying inefficiencies and areas for improvement ahead of a migration to a cloud-based system. The procurement process was carried out through a selective method, specifically a call-off from a dynamic purchasing system. The tender stage concluded on 21 November 2024, and the awarded contract commenced on 25 November 2024, running until 24 November 2025. The project is located in London, United Kingdom, and the total contract value is £20,000.

This tender presents significant opportunities for businesses specialising in financial system improvements and quality assurance services. It is particularly beneficial for small and medium-sized enterprises (SMEs), given the suitability criteria specified by the Competition and Markets Authority. Winning such contracts can enhance a company's portfolio, providing a foothold in governmental projects and potentially leading to further collaborations. Businesses in the IT services sector, with expertise in financial modelling and system migration, would be well-suited to compete in similar tenders due to the specific focus on quality assurance and cloud transition.

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Notice Title

Quality Assurance Month-End Forecasting

Notice Description

Perform a quality assurance (QA) review of the current month-end pay forecasting process and other financial models. The review aims to identify inefficiencies, risks, and areas for improvement, in preparation for a migration to a cloud-based system

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b1569d67-0cea-408f-8c76-ecd9f8cfb9bb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3de75ebe-d247-424b-aa28-42e8b159080f
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72225000 - System quality assurance assessment and review services

Notice Value(s)

Tender Value
£20,000 Under £100K
Lots Value
Not specified
Awards Value
£20,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Dec 20241 years ago
Submission Deadline
21 Nov 2024Expired
Future Notice Date
Not specified
Award Date
22 Nov 20241 years ago
Contract Period
25 Nov 2024 - 24 Nov 2025 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
COMPETITION AND MARKETS AUTHORITY
Contact Name
Commercial
Contact Email
commercial@cma.gov.uk
Contact Phone
02037386000

Buyer Location

Locality
LONDON
Postcode
E14 4QZ
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
TLI London

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

Supplier Information

Number of Suppliers
1
Supplier Name

MLC PARTNERS

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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