Notice Information
Notice Title
Financial Planning, Forecasting and Budgeting Solution
Notice Description
FSCS has procured Financial Planning, Forecasting and Budgeting solution. The new solution would support the business to do the following: *Prepare regular forecasts and annual budgets of all cost and revenue accounts in a simple and easily updatable manner; *Prepare regular forecasts of non-financial information e.g. headcount and claims volumes; *Monitor actuals against budget and forecasts enabling management to easily identify, understand and report variances; *Allocation of costs (actuals and forecast) to several categories e.g. for activity-based costing analysis and to various funding categories for levy calculations; and *Report to senior management, Board and externally. This includes licences, implementation and annual support and maintenance
Lot Information
Lot 1
FSCS has procured Financial Planning, Forecasting and Budgeting solution. The new solution would support the business to do the following: *Prepare regular forecasts and annual budgets of all cost and revenue accounts in a simple and easily updatable manner; *Prepare regular forecasts of non-financial information e.g. headcount and claims volumes; *Monitor actuals against budget and forecasts enabling management to easily identify, understand and report variances; *Allocation of costs (actuals and forecast) to several categories e.g. for activity-based costing analysis and to various funding categories for levy calculations; and *Report to senior management, Board and externally. This includes licences, implementation and annual support and maintenance
Options: This includes the option to extend for a further period of 2 years and then subsequent two 12- month contract extensions.
Renewal: This includes the option to extend for a further period of 2 years and then subsequent two 12- month contract extensions.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-036761
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/010082-2023
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- Tender Notice
- Procurement Type
- Standard
- Procurement Category
- Goods
- Procurement Method
- Open
- Procurement Method Details
- Open procedure
- 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
- £1,150,000 £1M-£10M
- Lots Value
- £1,150,000 £1M-£10M
- Awards Value
- Not specified
- Contracts Value
- £1,224,880 £1M-£10M
Notice Dates
- Publication Date
- 6 Apr 20232 years ago
- Submission Deadline
- 28 Oct 2022Expired
- Future Notice Date
- Not specified
- Award Date
- 1 Apr 20232 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
- FINANCIAL SERVICES COMPENSATION SCHEME
- Contact Name
- Not specified
- Contact Email
- procurement@fscs.org.uk
- Contact Phone
- +44 2073758194
Buyer Location
- Locality
- LONDON
- Postcode
- EC3A 7QU
- Post Town
- Central London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI3 Inner London - West
- Small Region (ITL 3)
- TLI35 Westminster and City of London
- Delivery Location
- Not specified
-
- Local Authority
- City of London
- Electoral Ward
- Portsoken
- Westminster Constituency
- Cities of London and Westminster
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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