Award

DHSC: Group Finance: Financial Information Consolidation System

DEPARTMENT OF HEALTH & SOCIAL CARE

This public procurement record has 2 releases in its history.

Award

25 Apr 2025 at 13:11

Planning

01 May 2024 at 09:00

Summary of the contracting process

The Department of Health & Social Care (DHSC) has completed a public procurement process for a Financial Information Consolidation System, categorised under IT services. The process involved procuring hosting and support services for the Hyperion Financial Management system, crucial for consolidating DHSC’s financial data. The procurement method employed was an open procedure, facilitating broad participation. The contract, valued between £372,900 and £616,500, was awarded to Brovanture Limited on 14th April 2025. This strategic initiative intends to not only maintain the current financial system but also explore enhancements in data reporting and integration in the future, indicating ongoing demand for IT consultancy and development services in the UK, particularly in regions like London.

This procurement initiative presents significant opportunities for businesses specialising in IT services, particularly those with capabilities in software development, consultancy, and technical support. Companies capable of innovating and providing advanced solutions for financial data management, system hosting, and technical support can find growth opportunities through contracts like these. With an emphasis on improving data collection, reporting methods, and system integration, IT service providers, particularly SMEs focused on software-related services, have a lucrative space to compete. Establishing partnerships with governmental bodies could yield sustainable business growth as public sector needs evolve.

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Notice Title

DHSC: Group Finance: Financial Information Consolidation System

Notice Description

The requirement is to procure a hosting service for a Hyperion Financial Management (HFM) system including service and technical support. The system is known locally as the Financial Information Consolidation System (FICS).

Lot Information

Lot 1

Financial Information Consolidation System (FICS). The System is built on Oracle Performance Management Enterprise Edition and is used to consolidate DHSC accounting group financial data. As well as the hosting and support requirement, the requirement may also, at the correct time, consider solutions to improve data collection and load from source systems, as well as reporting formats, that could be deployed in future as a bolt on to the existing software, and similarly review methods used to view reports and interrogate data. Additional information: Value -- this information is considered by the supplier to be commercially sensitive information. The authority is not publishing the value so as not to prejudice the legitimate commercial interest of the supplier

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04565c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/017061-2025
Current Stage
Award
All Stages
Planning, Award

Procurement Classification

Notice Type
Planning 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

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


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

72260000 - Software-related services

Notice Value(s)

Tender Value
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
25 Apr 202510 months ago
Submission Deadline
Not specified
Future Notice Date
31 Aug 2024Expired
Award Date
13 Apr 202510 months 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
DEPARTMENT OF HEALTH & SOCIAL CARE
Additional Buyers

DEPARTMENT OF HEALTH AND SOCIAL CARE

Contact Name
Emma Grace Hudson
Contact Email
emma.hudson@dhsc.gov.uk
Contact Phone
+44 1132545771

Buyer Location

Locality
LONDON
Postcode
SW1H 0EU
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
TLI London

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

BROVANTURE

Open Contracting Data Standard (OCDS)

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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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