Award

Advice - Finance System development

O F W A T

This public procurement record has 1 release in its history.

Award

05 Aug 2024 at 15:45

Summary of the contracting process

The public procurement process, managed by O F W A T, involves the development of a finance system. This project falls under the Public utilities industry category and is located in Birmingham, England, with the postal code B5 4UA. The procurement stage is in the Award phase, following the completion of the tender stage with a direct procurement method under a single tender action below the threshold. The contract period for this project begins on 5th July 2024 and ends on 30th October 2024, with a final award value of £59,500. The deadline for tender submissions was on 1st July 2024.

This tender provides a valuable opportunity for business growth, especially for SMEs. The specific requirement for the development of a finance system offers potential for businesses specialising in public utilities and software development. SMEs like KONOMI LIMITED, who was awarded the contract, are well-suited to compete in this space due to the project's scale and the focused expertise required. Engaging in such projects can enhance a company’s portfolio, establish valuable public sector experience, and provide financial growth through substantial contracts.

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Notice Title

Advice - Finance System development

Notice Description

Advice - Finance System development

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d988ee92-2524-4766-a767-f436885e2013
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/016c7f0d-0fda-44cb-981c-dfb3ba588783
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

65 - Public utilities


CPV Codes

65000000 - Public utilities

Notice Value(s)

Tender Value
£59,500 Under £100K
Lots Value
Not specified
Awards Value
£59,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Aug 20241 years ago
Submission Deadline
1 Jul 2024Expired
Future Notice Date
Not specified
Award Date
3 Jul 20241 years ago
Contract Period
4 Jul 2024 - 30 Oct 2024 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
O F W A T
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B5 4UA
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified

Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

KONOMI

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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