Award

R5963 Corporate Finance System

TOWER HAMLETS

This public procurement record has 1 release in its history.

Award

11 Jan 2024 at 15:59

Summary of the contracting process

The London Borough of Tower Hamlets has completed a procurement process for the corporate finance system known as R5963. The services fall under the main procurement category of services, specifically programming services of packaged software products. The contract was awarded to Unit 4 Business Software Limited for a term of 3 years. The procurement method used was an award procedure without prior publication of a call for competition due to extreme urgency reasons. Tower Hamlets will be the contracting authority for this contract.

This tender presents an opportunity for businesses providing IT services and software products to compete for a significant contract in the finance sector. As the system is crucial for budget allocation and financial management within the council, businesses with expertise in providing similar finance-focused IT solutions would be well-suited to pursue this opportunity. The contract value is £797,139 in GBP and has already been signed in December 2023. Interested businesses should align their proposals with the criticality of the services provided by the corporate finance system to Tower Hamlets.

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Notice Title

R5963 Corporate Finance System

Notice Description

The Mayor and Burgesses of the London Borough of Tower Hamlets intend to enter into a contract with Unit4 in respect of the services described below. The proposed contract is term 3 years. The Agresso (Business World Enterprise Resource Planning) application is the system used by the entire council for the management of its finances. The application is essential IT infrastructure as it provides accounting functionality which enables budget allocation and management across the whole council.

Lot Information

Lot 1

The Agresso (Business World Enterprise Resource Planning) application is the system used by the entire council for the management of its finances. The application is essential IT infrastructure as it provides accounting functionality which enables budget allocation and management across the whole council. The firm also provides support and maintenance under this contract. In addition Agresso will also be hosted by Unit 4.

Procurement Information

This award is lawful in accordance with the regulation 32(2)(b)(ii) because the competition is absent for technical reasons. The council has used the Agresso application for a number of years, and the system is an essential part of the council's IT infrastructure such that any down time or system failure would have a detrimental affect on the running of the council's services. At the present time it would be impossible for the council to procure an alternative economic operator to provide this service. This is because, the council has embarked on a wider assessment of its infrastructural IT provision - with respect to Finance, HR and Procurement. Therefore it is key that stability of provision is ensured over the next few years to allow proper consideration of the above mentioned aspects. No other economic provider would be able to provide this service at this time. The application is currently hosted by an external third party; this arrangement is drawing to a conclusion. It will not be possible for the application and the data to be hosted by a third party in the future due to the availability of support for third party hosting

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-042c79
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001003-2024
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72210000 - Programming services of packaged software products

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£797,139 £500K-£1M

Notice Dates

Publication Date
11 Jan 20242 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
28 Dec 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
TOWER HAMLETS
Contact Name
Mr Neil Ward
Contact Email
neil.ward@towerhamlets.gov.uk
Contact Phone
+44 2073645000

Buyer Location

Locality
LONDON
Postcode
E14 2BG
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI4 Inner London - East

Local Authority
Tower Hamlets
Electoral Ward
Poplar
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

UNIT 4 BUSINESS SOFTWARE

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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