Award

Cloud Hosted Financial Management System on behalf of Compass Point Business Services (East Coast) Ltd

LINCOLNSHIRE COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

11 Jun 2019 at 18:24

Tender

19 Feb 2019 at 14:09

Summary of the contracting process

The procurement process is led by Lincolnshire County Council, seeking to acquire a Cloud Hosted Financial Management System on behalf of Compass Point Business Services (East Coast) Ltd. This initiative falls under the software package and information systems category, with a value of £750,000. The procurement method utilised is a restricted procedure, and the tender period concluded on 24 April 2019. The contract is set to commence on 22 May 2019 and may extend for up to 10 years, offering significant clarity on the duration and commitments involved.

This tender presents an excellent opportunity for software and IT service providers, especially those specialising in financial management solutions. Companies capable of implementing and supporting cloud-based software systems would be particularly well-suited to compete. By engaging in this contract, successful bidders can not only secure a long-term partnership with a recognised public sector client but also enhance their portfolio in delivering public services in the East Midlands region.

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Notice Title

Cloud Hosted Financial Management System on behalf of Compass Point Business Services (East Coast) Ltd

Notice Description

Compass Point Business Services (East Cost) Ltd is a Company owned and controlled by East Lindsey District Council and South Holland District Council and seeks a Supplier for the implementation and support of a Cloud hosted Financial Management Software solution. It is intended that the procurement will follow the 'restricted procedure' concluding with a contract being offered to the successful bidder for five(5) years plus up to a further (5) years in permutations of 2 plus 2 plus 1 making a total contract period of up to (10) years.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-cd09cbfa-0699-4fc7-93fc-9c29350fb838
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0414294e-b663-4f28-b2cb-96cce82c33a3
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
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
£750,000 £500K-£1M
Lots Value
Not specified
Awards Value
£850,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
11 Jun 20196 years ago
Submission Deadline
24 Apr 2019Expired
Future Notice Date
Not specified
Award Date
10 Jun 20196 years ago
Contract Period
11 Jun 2019 - 10 Jun 2029 Over 5 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
LINCOLNSHIRE COUNTY COUNCIL
Contact Name
Michael Hunt
Contact Email
michael.hunt@lincolnshire.gov.uk
Contact Phone
+44 1522555321

Buyer Location

Locality
LINCOLN
Postcode
LN1 1YL
Post Town
Lincoln
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF3 Lincolnshire
Small Region (ITL 3)
TLF30 Lincolnshire CC
Delivery Location
TLF East Midlands (England)

Local Authority
Lincoln
Electoral Ward
Carholme
Westminster Constituency
Lincoln

Supplier Information

Number of Suppliers
1
Supplier Name

EMBRIDGE CONSULTING (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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