Award

Financial Consolidation System

DEPARTMENT OF HEALTH AND SOCIAL CARE

This public procurement record has 1 release in its history.

Award

26 Jan 2024 at 16:07

Summary of the contracting process

The Department of Health and Social Care has awarded a contract for a Financial Consolidation System, extending the upgrade of the Hyperion Financial Management system. The contract, valued at £324,200 GBP, was awarded to Brovanture Limited. The procurement method used was selective, through a call-off from a framework agreement. The contract period is from January 1, 2024, to December 31, 2024. The tender period ended on December 31, 2023, with the contract awarded on January 1, 2024. The Department is located at 39 Victoria St, London, SW1H 0EU, United Kingdom, and the industry category is software-related services.

This contract presents opportunities for small and medium-sized enterprises (SMEs) in the software-related services industry to grow their business through public procurement. Businesses well-suited to compete for this tender should have expertise in financial management systems and consolidation software. The Department of Health and Social Care as the buying organisation has shown a preference for working with SMEs, indicating a potential advantage for such businesses in future procurement processes they conduct. Understanding the requirements of the Financial Consolidation System and demonstrating capabilities in this sector will be key to successfully competing for similar contracts in the future.

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Notice Title

Financial Consolidation System

Notice Description

Extension to upgrading the Hyperion Financial Management system

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b7cc1577-ace7-4f49-8d48-dc67f520cd17
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3b15bb7e-710a-4663-bcdb-487c28add1c4
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
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72260000 - Software-related services

Notice Value(s)

Tender Value
£324,200 £100K-£500K
Lots Value
Not specified
Awards Value
£324,200 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jan 20242 years ago
Submission Deadline
31 Dec 2023Expired
Future Notice Date
Not specified
Award Date
1 Jan 20242 years ago
Contract Period
1 Jan 2024 - 31 Dec 2024 1-2 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
DEPARTMENT OF HEALTH AND SOCIAL CARE
Contact Name
Alexander Ludlam
Contact Email
alexander.ludlam@dhsc.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1H 0EU
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

BROVANTURE

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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