Award

GB-St Helens: Contract Award - Financial Management System

TORUS62LTD

This public procurement record has 1 release in its history.

Award

07 Aug 2024 at 12:20

Summary of the contracting process

The buying organisation Torus62Ltd, located in St Helens, has awarded a contract for a Financial Management System to Advanced Business Software & Solutions Ltd. The procurement falls under the Financial Systems Software Package category and is based in the North West region of the United Kingdom. The contract, valued at £1,575,800, commences on 13th August 2024 and is set to run until 12th August 2029, with an option to extend for an additional three years. The procurement stage is complete, culminating in an award as of 19th June 2024, following a further competition from a framework.

This tender represents significant business growth opportunities, particularly for large-scale enterprises capable of delivering comprehensive financial management solutions. Companies specialising in financial systems software will find this contract aligns well with their expertise, especially those with capabilities in system integration and ongoing support over an extended period. The substantial value of the contract and the potential for extension provide a long-term engagement prospect, fostering stable business growth for the supplier.

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Notice Title

GB-St Helens: Contract Award - Financial Management System

Notice Description

Award of a Financial Mangement System via a further competition from a framework. This includes integration and ongoing support for an initial five year term with the option to extend for a further 3 x12 months. Additional information: Option to extend for a further 3 x 12 months

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d25f6032-21cd-4f83-a08d-cfddca21024a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c17adfb3-bb9f-44db-ae90-5f7aa5da18c9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48442000 - Financial systems software package

Notice Value(s)

Tender Value
£1,575,800 £1M-£10M
Lots Value
Not specified
Awards Value
£1,575,800 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Aug 20241 years ago
Submission Deadline
18 Jun 2024Expired
Future Notice Date
Not specified
Award Date
18 Jun 20241 years ago
Contract Period
12 Aug 2024 - 12 Aug 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
TORUS62LTD
Contact Name
Carol Rabone
Contact Email
carol.rabone@torus.co.uk
Contact Phone
+448006781894

Buyer Location

Locality
ST HELENS
Postcode
WA9 1LD
Post Town
Warrington
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD71 East Merseyside
Delivery Location
TLD North West (England)

Local Authority
St. Helens
Electoral Ward
Peasley Cross & Fingerpost
Westminster Constituency
St Helens South and Whiston

Supplier Information

Number of Suppliers
1
Supplier Name

ADVANCED BUSINESS SOFTWARE & SOLUTIONS

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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