Award

Early Payment and E-Invoicing Solution

WOKINGHAM BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

10 Sep 2020 at 14:36

Award Notice
Summary of the contracting process

The Wokingham Borough Council has completed a procurement process for an Early Payment and E-Invoicing Solution, categorised under financial and insurance services. The direct award for this tender, valued at £50,000, was finalised on 10 September 2020, with a contract period commencing on 1 October 2020 and concluding on 30 September 2025. The service is located in the South East region of the United Kingdom and is aimed at enhancing the efficiency of financial transactions through the NEPO Framework 521.

This tender presents growth opportunities for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) specialising in financial technology and e-invoicing services. Companies with capabilities in delivering innovative early payment solutions are well-suited to compete for such contracts, as the council seeks to improve its financial operations and streamline invoicing processes. Engaging in this contract could provide significant exposure and further avenues for collaboration within the public sector.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Early Payment and E-Invoicing Solution

Notice Description

Supply of an Early Payment and E-Invoicing Solution via NEPO Framework 521

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d2fa7aea-069e-4247-8c69-db5281c8e2bd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3ce711a2-4213-4eda-9042-e1abe0aae8d7
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£50,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Sep 20205 years ago
Submission Deadline
9 Sep 2020Expired
Future Notice Date
Not specified
Award Date
9 Sep 20205 years ago
Contract Period
30 Sep 2020 - 30 Sep 2025 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
WOKINGHAM 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
WOKINGHAM
Postcode
RG40 1BN
Post Town
Reading
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ16 Berkshire West
Delivery Location
TLJ South East (England)
Local Authority
Wokingham
Electoral Ward
Emmbrook
Westminster Constituency
Wokingham

Supplier Information

Number of Suppliers
1
Supplier Name

OXYGEN FINANCE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-d2fa7aea-069e-4247-8c69-db5281c8e2bd-2020-09-10T15:36:13+01:00",
    "date": "2020-09-10T15:36:13+01:00",
    "ocid": "ocds-b5fd17-d2fa7aea-069e-4247-8c69-db5281c8e2bd",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "WOKHM001-DN495798-85077343",
        "title": "Early Payment and E-Invoicing Solution",
        "description": "Supply of an Early Payment and E-Invoicing Solution via NEPO Framework 521",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "South East",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 50000,
            "currency": "GBP"
        },
        "procurementMethod": "direct",
        "procurementMethodDetails": "Direct award",
        "tenderPeriod": {
            "endDate": "2020-09-09T10:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2020-10-01T00:00:00+01:00",
            "endDate": "2025-09-30T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": true
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-84936",
            "name": "Wokingham Borough Council",
            "identifier": {
                "legalName": "Wokingham Borough Council"
            },
            "address": {
                "streetAddress": "Civic Offices, Shute End",
                "locality": "Wokingham",
                "postalCode": "RG40 1BN",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Bob Watson",
                "email": "bob.watson@wokingham.gov.uk"
            },
            "details": {
                "url": "http://www.wokingham.gov.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-150944",
            "name": "Oxygen Finance Limited",
            "identifier": {
                "legalName": "Oxygen Finance Limited"
            },
            "address": {
                "streetAddress": "Cathedral Place, 42-44 Waterloo Street, Birmingham City Centre, Birmingham, United Kingdom, B2 5QB"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-84936",
        "name": "Wokingham Borough Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-d2fa7aea-069e-4247-8c69-db5281c8e2bd-1",
            "status": "active",
            "date": "2020-09-10T00:00:00+01:00",
            "datePublished": "2020-09-10T15:36:13+01:00",
            "value": {
                "amount": 50000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-150944",
                    "name": "Oxygen Finance Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2020-10-01T00:00:00+01:00",
                "endDate": "2025-09-30T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/3ce711a2-4213-4eda-9042-e1abe0aae8d7",
                    "datePublished": "2020-09-10T15:36:13+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}