Tender

Source to Pay Cloud based Software solution

THE RIVERSIDE GROUP LTD

This public procurement record has 1 release in its history.

Tender

19 Mar 2021 at 13:13

Summary of the contracting process

The Riverside Group Ltd is currently conducting a selective tender for a "Source to Pay Cloud based Software solution" aimed at improving its procurement processes. This procurement, categorised under business transaction and personal business software (CPV code: 48400000), is valued at £1,680,000. The tender is ongoing, with submissions due by 20 April 2021, followed by a second stage invitation for shortlisted candidates on 17 May 2021. The primary location for this procurement is Speke, Liverpool, UK, and the initiative is part of a broader effort to enhance governance, supplier management, and invoicing capabilities.

This tender presents significant opportunities for businesses specialising in procurement software solutions, particularly those capable of providing comprehensive eTendering and Purchase to Pay systems. Companies with expertise in electronic ordering, invoicing, and electronic payments will be well-suited to compete. The potential for a five-year initial contract term, extendable by up to two additional years, makes this an attractive opportunity for suppliers looking to establish a long-term relationship with a public sector entity.

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Notice Title

Source to Pay Cloud based Software solution

Notice Description

The purpose of the new system(s) is to serve The Group, its subsidiaries and circa 2000 users, across the following business activities and processes. eTendering Supplier Management Purchasing Invoicing Reporting Governance & Control

Lot Information

eTendering

eTendering Handling the full suite of procurement processes adhering to latest Public Contract Regulations 2015 (PCR) including; creating & publishing tenders on external sites / portals (Contracts Finder / Find a Tender), managing the tender evaluation process, contract award and sourcing new suppliers.

Options: We have an optional system requirement for a supplier relationship management module. The optional questions within the tender will be used to decide upon the best option from amongst the successful suppliers in lot 1 or lot 2 to place the SRM module.

Renewal: 5 Year initial Terms plus 2 optional 12 month extensions

Purchase to Pay

Purchase to Pay can be defined as the end-to-end value stream that encompasses all the activities required for TRG to obtain and pay for goods and services from other entities. These activities include the placement of orders, the verification that appropriate goods and services have been delivered, and finally the authorisation and release of payment. In addition to these core tasks, the overall value stream also includes the activities necessary to support the end-to-end process, such as supplier and master-data management.

Options: We have an optional system requirement for a supplier relationship management module. The optional questions within the tender will be used to decide upon the best option from amongst the successful suppliers in lot 1 or lot 2 to place the SRM module.

Renewal: 5 Year initial Terms plus 2 optional 12 month extensions

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-029d6d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/005628-2021
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48400000 - Business transaction and personal business software package

48490000 - Procurement software package

Notice Value(s)

Tender Value
£1,680,000 £1M-£10M
Lots Value
£1,680,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 Mar 20214 years ago
Submission Deadline
20 Apr 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
7 years

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE RIVERSIDE GROUP LTD
Contact Name
Barry Chapman
Contact Email
barry.chapman@riverside.org.uk
Contact Phone
Not specified

Buyer Location

Locality
SPEKE, LIVERPOOL
Postcode
L24 8RF
Post Town
Liverpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLD72 Liverpool

Local Authority
Liverpool
Electoral Ward
Garston
Westminster Constituency
Liverpool Garston

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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