Tender

Finance System for Brunel Pension Partnership

BRUNEL PENSION PARTNERSHIP LIMITED

This public procurement record has 1 release in its history.

Tender

05 Jun 2024 at 13:53

Tender Notice
Summary of the contracting process

The Brunel Pension Partnership Limited is seeking a supplier to provide a Finance System for their financial management and reporting needs. The procurement process is currently in the Tender stage with a deadline for submissions set for 8th July 2024. The system must meet various requirements, including multi-currency capabilities, real-time dashboards, and support for statutory financial reporting. The procurement method is selective, with a competitive procedure with negotiation approach.

This tender presents an opportunity for businesses that specialize in financial software systems and services to expand their market presence. Companies with expertise in cloud-based finance solutions, multi-currency capabilities, and financial reporting tools would be well-suited to compete for this contract. The contract is anticipated to have an initial term of 36 months, with a possible extension of up to 24 months, potentially leading to a total contract term of 60 months.

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Notice Information

Notice Title

Finance System for Brunel Pension Partnership

Notice Description

Brunel requires a supplier to provide a Finance System which needs to meet a range of requirements to support Brunel's financial management and reporting needs.

Lot Information

Lot 1

Brunel requires a finance system to support its financial management and reporting needs. The system will primarily be for use by Brunel's Finance team, with wider access to the organisation for purchase order and goods received notes. The finance system must be capable of the following: Cloud-based vendor-managed solution with critical support access 24x7. Multi-currency capabilities. Provide export, drill down and drill back capabilities into Microsoft Excel. Multi-year & cross year reporting. Real time dashboards with key business metrics and report snapshots. Support production of statutory financial accounts with compliance to UK GAAP. Support creation of corporate tax returns and analysis, including VAT MTD submissions. Provide departmental reporting, and support budgeting and forecast variance analysis. Management and processing of purchase orders, goods received notes, payment of invoices, bank reconciliations, BACS payments, production of sales invoices and expenses sign-off. Ability to upload transactions via csv upload. Fixed asset management including asset process accounting automation and real time asset reporting. Access to sandbox environment. Access to online learning training services. Ability to support future growth with modular approach for areas such as planning and budgeting, payroll and procurement. Able to integrate with BACS software (e.g. Bottomline) as a bureau via automated process. Bank feed facility to pull transactions for bank reconciliation. Additional information: Tenderers who express their interest will be issued with a selection questionnaire (SQ). Responses to the SQ will be evaluated against the criteria detailed in the SQ and suppliers who are successfully selected to continue through to the invitation to tender (ITT) phase will be issued with the ITT Pack. Tenderers wishing to express their interest should provide their full company name and address and most suitable contact details to procurementsubmission.brunel@brunelpp.org

Options: The contracting authority's current expectation is that the contract will have an initial term of 36 months, with an option for the contracting authority to extend the contract by up to 24 months, resulting in a maximum potential contract term of 60 months. However, the contracting authority reserves the right to reconsider this prior to issuing the Invitation to Tender

Renewal: The contracting authority's current expectation is that the contract will have an initial term of 36 months, with an option for the contracting authority to extend the contract by up to 24 months, resulting in a maximum potential contract term of 60 months. However, the contracting authority reserves the right to reconsider this prior to issuing the Invitation to Tender

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-046da8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/017454-2024
Current Stage
Tender
All Stages
Tender

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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48442000 - Financial systems software package

48443000 - Accounting software package

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
5 Jun 20241 years ago
Submission Deadline
8 Jul 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BRUNEL PENSION PARTNERSHIP LIMITED
Contact Name
Chris Smedley
Contact Email
procurementsubmission.brunel@brunelpp.org
Contact Phone
Not specified

Buyer Location

Locality
BRISTOL
Postcode
BS1 6PU
Post Town
Bristol
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK51 Bristol, City of
Delivery Location
TLK South West (England)
Local Authority
Bristol, City of
Electoral Ward
Central
Westminster Constituency
Bristol Central

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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