Award

Finance System

THE EDUCATION AND TRAINING FOUNDATION

This public procurement record has 3 releases in its history.

Award

23 Nov 2023 at 10:41

TenderUpdate

14 Apr 2023 at 09:41

Tender

20 Mar 2023 at 16:37

Summary of the contracting process

The Education and Training Foundation (ETF) completed a tender process to procure a new Finance System under the services category. The ETF sought a system that could integrate with their existing Azure database to meet current reporting demands and enhance compliance with finance regulations. The tender, titled "Finance System," was won by Moore Stephens Insight Limited, with a contract value of £195,533 signed on 22nd November 2023.

This procurement opportunity presents a chance for software supply and related service providers to engage with ETF, a central purchasing body. The process, which has now reached the award stage, was conducted as an open procedure. Companies specialising in software supply services, software consultancy services, and related services may find this opportunity suitable for collaborating with the ETF as a long-term systems partner.

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Notice Title

Finance System

Notice Description

As part of its digital transformation programme and drive for improved systems, The Education and Training Foundation (ETF) has procured a new finance system. The previous system (Sage 200 / WAP) was no longer deemed to be sufficient to support the current structure, need for future fluidity and current reporting demands. There were also issues with how other systems within ETF communicated with the previous finance system, leading to potential non-compliance with finance regulations and Making Tax Digital (MTD). ETF reviewed the market for systems which could provide solutions to all issues and could integrate with ETF's Azure database. As a result of the tender process ETF has selected one supplier as a long-term systems partner.

Lot Information

Lot 1

The aim of this tender was to secure a new finance system including procurement functionality and which can integrate with existing systems.

Renewal: There is a two-year optional extension period built into the five-year term.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03b47e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/034634-2023
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

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


CPV Codes

48000000 - Software package and information systems

48170000 - Compliance software package

48217000 - Transaction-processing software package

48412000 - Tax preparation software package

48440000 - Financial analysis and accounting software package

48441000 - Financial analysis software package

48442000 - Financial systems software package

48443000 - Accounting software package

72260000 - Software-related services

72261000 - Software support services

72263000 - Software implementation services

72266000 - Software consultancy services

72268000 - Software supply services

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
£166,667 £100K-£500K
Awards Value
Not specified
Contracts Value
£195,533 £100K-£500K

Notice Dates

Publication Date
23 Nov 20232 years ago
Submission Deadline
21 Apr 2023Expired
Future Notice Date
Not specified
Award Date
22 Nov 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

Contracting Authority (Buyer)

Main Buyer
THE EDUCATION AND TRAINING FOUNDATION
Contact Name
Commissioning and Procurement Lead
Contact Email
tenderqueries@etfoundation.co.uk
Contact Phone
+44 2037408280

Buyer Location

Locality
LONDON
Postcode
SW1W 9SP
Post Town
South West 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
Westminster
Electoral Ward
Pimlico North
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

MOORE STEPHENS INSIGHT

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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