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Financial Management System

Derby City Council

This public procurement record has 2 releases in its history.

Award

20 Apr 2022 at 10:16

Award Notice
Tender

09 Jul 2021 at 13:03

Tender Notice
Summary of the contracting process

Derby City Council has initiated a tender for a Financial Management System, classified under business transaction and personal business software package. This procurement is important as it supports the Council as well as Derby Homes Limited and local schools. The procurement method is a competitive procedure with negotiation, and the contract is intended to span an initial period of five years, with the possibility of extension for up to an additional five years. Key dates include a deadline for expressions of interest by 23:59 on 9th August 2021 and a submission deadline for tenders by 10:00 on 19th August 2021.

This tender presents a significant opportunity for software development companies, particularly those specialising in financial management solutions. Businesses that can deliver comprehensive functions including budget setting, management accounts, and cash management will be well positioned to compete. With a contract value estimated at £3,320,000, successful bidders can expect a stable partnership with Derby City Council that could last up to ten years, contingent on performance and business needs.

How relevant is this notice?

Notice Information

Notice Title

Financial Management System

Notice Description

Derby City Council (the Council) on behalf of the Council, Derby Homes Limited (the Council's Arm's Length Management Organisation), and schools within the Derby City Council's boundaries, established a contract for a Financial Management System

Lot Information

Lot 1

A contract for a Financial Management System which delivers the following functions: Budget setting and forecasting, Management Accounts and statement of accounts, Capital Accounting, Procurement to Pay, Accounts Receivable and Recovery, Cash Management, and Reporting. The initial contract period is 5 years, with options to extend the contract by a further period or periods of up to 5 years subject to satisfactory performance and business needs. The maximum contract period is 10 years.

Options: The initial contract period is 5 years, with options to extend the contract by a further period or periods of up to 5 years subject to satisfactory performance and business needs. The maximum contract period is 10 years.

Renewal: The contract will be replaced on expiry i.e. a replacement notice would be published in an estimated 60 to 120 months time.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02c63d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010258-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

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

CPV Codes

48400000 - Business transaction and personal business software package

72212400 - Business transaction and personal business software development services

Notice Value(s)

Tender Value
£3,320,000 £1M-£10M
Lots Value
£3,320,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£3,320,000 £1M-£10M

Notice Dates

Publication Date
20 Apr 20224 years ago
Submission Deadline
19 Aug 2021Expired
Future Notice Date
Not specified
Award Date
24 Dec 20214 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Derby City 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
DERBY
Postcode
DE1 2FS
Postcode Area
Derby
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF11 Derby
Delivery Location
TLF11 Derby
Local Authority
Derby
Electoral Ward
Darley
Westminster Constituency
Derby South

Supplier Information

Number of Suppliers
1
Supplier Name

Technology One UK Ltd

Further Information

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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