Award

Provision of a Financial Management System

FAREHAM BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

19 Feb 2021 at 10:11

Summary of the contracting process

Fareham Borough Council is seeking to procure a modern Financial Management System through an open tender process, identified as DN452343. This procurement is classified under services, specifically in the category of financial systems software development. The project is completed, with a contract value of £896,873 signed on 3 February 2021. The services are to be delivered in Fareham, UK (postcode PO16 7AZ), and encompass solution design, implementation, data migration from the existing system, and ongoing support.

This tender presents significant opportunities for businesses specialising in software development and financial management solutions. Companies with expertise in creating user-friendly financial systems that support budgeting, forecasting, and management reporting are well-positioned to compete. The successful bidder, Technology One UK Limited, demonstrates the type of large-scale suppliers that can excel in this sector, indicating that both large firms and innovative SMEs capable of meeting specific client needs may find valuable prospects in similar future tenders.

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Notice Title

Provision of a Financial Management System

Notice Description

Fareham Borough Council is looking to procure a modern, user-friendly financial management system with efficient workflows, dashboards and flexible functionality tailored to users' needs.

Lot Information

Lot 1

The Council requires the provision of a new system and all supplier services from solution design through to implementation and data migration services from the current system, Advanced eFinancials V5, to a new Financial Management System and then to provide post go live and on-going support and maintenance. To include: * Replacement of the current finance system eFinancials V5; * Implementation of budgeting and forecasting functionality; * Work together to review and update key accounting, purchasing and debt management processes and procedures against the Council's ideal vision; * Review and replace current interfaces to systems external to the financial management system; * Development of new interfaces; * Review and replace current reporting with improved management information and dashboards; * A training and testing environment; * Training of key users and administrators; * Integrated Electronic Document and Record Management System (EDRMS); * Management of the migration and archiving of data and linked documents from eFinancials V5.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02946a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/003330-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72212442 - Financial systems software development services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£896,873 £500K-£1M

Notice Dates

Publication Date
19 Feb 20215 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
3 Feb 20215 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
FAREHAM BOROUGH COUNCIL
Contact Name
Mrs Nicky Roberts
Contact Email
nroberts@fareham.gov.uk
Contact Phone
+44 1329824693

Buyer Location

Locality
FAREHAM
Postcode
PO16 7AZ
Post Town
Portsmouth
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ35 South Hampshire
Delivery Location
TLJ3 Hampshire and Isle of Wight

Local Authority
Fareham
Electoral Ward
Fareham Town
Westminster Constituency
Fareham and Waterlooville

Supplier Information

Number of Suppliers
1
Supplier Name

TECHNOLOGY ONE

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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