Award

Provision of a Financial Management System - AWARD

RUNNYMEDE BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

03 Dec 2024 at 12:03

Award Notice
Summary of the contracting process

Runnymede Borough Council has awarded a contract for the provision of a Financial Management System to TechnologyOne UK Ltd. The tender, with the title "Provision of a Financial Management System - AWARD," falls under the industry category of financial analysis software package. The process utilised a restricted procedure procurement method with a selective procurement approach. Key locations include Surrey and the South West region of the United Kingdom. The contract period is set to begin on 22nd December 2024, and will last until 21st December 2039. The total value of the contract is GBP 2,000,000, with an initial budget of GBP 1,500,000.

This tender presents substantial business growth opportunities, particularly for companies specialising in financial analysis and information systems. Small and medium-sized enterprises (SMEs) are well-suited to compete due to the inclusive nature of the procurement process. The awarded contract's long-term nature and substantial financial value also make it an attractive prospect for businesses aiming to establish or expand their footprint in the public sector's financial management software market.

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Notice Information

Notice Title

Provision of a Financial Management System - AWARD

Notice Description

This Selection Questionnaire (SQ) is to assist the council in identifying which suppliers to invite to tender for the provision of a Financial Management System. The council is tendering for a high performing, quality Financial Management System to include support and maintenance for an initial term of ten years with the option to extend for a further 5 x 12-month periods.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c768d772-da09-4981-9a08-445040f596f4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2964caa6-9e43-42e2-b0bc-074abfa2b699
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48440000 - Financial analysis and accounting software package

48441000 - Financial analysis software package

48442000 - Financial systems software package

48812000 - Financial information systems

Notice Value(s)

Tender Value
£2,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,634,196 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
3 Dec 20241 years ago
Submission Deadline
22 Jul 2024Expired
Future Notice Date
Not specified
Award Date
22 Nov 20241 years ago
Contract Period
22 Dec 2024 - 21 Dec 2039 Over 5 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
RUNNYMEDE BOROUGH COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SURREY
Postcode
KT15 2AH
Post Town
Kingston upon Thames
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ25 West Surrey
Delivery Location
TLK South West (England)
Local Authority
Runnymede
Electoral Ward
Addlestone South
Westminster Constituency
Runnymede and Weybridge

Supplier Information

Number of Suppliers
1
Supplier Name

TECHNOLOGYONE

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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