Award

Workday HCM & Finance Subscription 2024 - 29

FINANCIAL OMBUDSMAN SERVICE LIMITED

This public procurement record has 1 release in its history.

Award

22 Oct 2024 at 14:33

Summary of the contracting process

The Financial Ombudsman Service Limited has completed the procurement process titled "Workday HCM & Finance Subscription 2024 - 29" under the selective procurement method, specifically a call-off from a framework agreement. The contract, classified under software packages and information systems (CPV code 48000000), is valued at £8,700,000 GBP. The contract period runs from 31st August 2024 to 30th August 2029, with the award officially published on 22nd October 2024. Located in London, England, with postal code E14 9SR, the Financial Ombudsman Service Limited is the buying organisation, and the supplier awarded the contract is Workday Limited.

This tender offers substantial growth opportunities for businesses involved in software and information systems. The contract’s significant value and five-year duration promise steady revenue and a solid partnership opportunity for suppliers of software packages. Large enterprises with experience in providing Human Capital Management (HCM) and Finance software solutions are particularly well-suited to compete in similar future tenders. This procurement is predominantly targeted at larger companies, as it is deemed unsuitable for SMEs and VCSEs.

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Notice Title

Workday HCM & Finance Subscription 2024 - 29

Notice Description

Provission of Workday Licences for HCM and Finance Additional information: Contract Fee is exclusive of VAT if chargeable

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fcb9f618-6d85-4d09-8a8e-54efe8a8e6ae
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/beae7632-cac9-430f-ae9b-1930274901b9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
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
£8,700,000 £1M-£10M
Lots Value
Not specified
Awards Value
£8,700,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
22 Oct 20241 years ago
Submission Deadline
28 Aug 2024Expired
Future Notice Date
Not specified
Award Date
2 Sep 20241 years ago
Contract Period
30 Aug 2024 - 30 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
FINANCIAL OMBUDSMAN SERVICE LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E14 9SR
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified

Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

WORKDAY

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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