Award

Provision of a Financial Management System

RUNNYMEDE BOROUGH COUNCIL

This public procurement record has 2 releases in its history.

Award

03 Dec 2024 at 12:38

Tender

21 Jun 2024 at 11:45

Summary of the contracting process

Runnymede Borough Council is conducting a public procurement process for the provision of a new Financial Management System, classified under the "Financial analysis software package" industry category (CPV 48441000). The project, located at the Runnymede Civic Centre in the UK’s South East region (UKJ25), aims to replace the existing Total Finance system, which has been in place since 2003. The procurement method used is the Restricted procedure, and key dates include the tender period ending on 22nd July 2024 and the contract being signed on 3rd December 2024. The contract, valued at £1,634,196, entails the initial ten-year term with potential extensions up to five years.

This tender offers significant opportunities for businesses specialising in financial management software solutions, particularly those with proven capabilities in providing high-performing, integrated financial systems. Given the selective procurement method, businesses with a strong track record in delivering quality and cost-effective solutions will be well-suited to compete. The tender process includes criteria focusing on quality (60%) and price (40%), making it an attractive opportunity for SMEs like TechnologyOne UK Ltd, which has already been awarded the contract, to demonstrate their expertise and capacity for support and maintenance. Such projects can lead to long-term business growth and an enhanced reputation in the public sector market.

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Notice Title

Provision of a Financial Management System

Notice Description

This Selection Questionnaire (SQ) is to assist the council in identifying which suppliers to invite to tender for the provision of a Financial Management System.The council is tendering for a high performing, quality Financial Management System to include support and maintenance for an initial term of ten years with the option to extend for a further 5 x 12-month periods.

Lot Information

Lot 1

The council is tendering to replace its existing Financial Management System, Total Finance, in place since 2003. Total Finance contains the integrated General Ledger, Budgeting module, Cashbook, Creditors Ledger, Debtors Ledger, and Purchase Ordering P2P (Purchase to Pay) system

Renewal: N/A

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0471d8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/038898-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48440000 - Financial analysis and accounting software package

48441000 - Financial analysis software package

48442000 - Financial systems software package

48812000 - Financial information systems

Notice Value(s)

Tender Value
£2,000,000 £1M-£10M
Lots Value
£2,000,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£1,634,196 £1M-£10M

Notice Dates

Publication Date
3 Dec 20241 years ago
Submission Deadline
22 Jul 2024Expired
Future Notice Date
Not specified
Award Date
3 Dec 20241 years ago
Contract Period
25 Nov 2024 - 24 Nov 2039 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
RUNNYMEDE BOROUGH COUNCIL
Contact Name
James Patterson
Contact Email
james.patterson@runnymede.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
ADDLESTONE
Postcode
KT15 2AH
Post Town
Kingston upon Thames
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ25 West Surrey
Delivery Location
TLJ25 West Surrey

Local Authority
Runnymede
Electoral Ward
Addlestone South
Westminster Constituency
Runnymede and Weybridge

Supplier Information

Number of Suppliers
1
Supplier Name

TECHNOLOGYONE

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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