Tender

Financial Management Software-The Sheffield College

FINANCIAL MANAGEMENT SOFTWARE - THE SHEFFIELD COLLEGE

This public procurement record has 4 releases in its history.

TenderUpdate

06 Sep 2024 at 11:25

TenderUpdate

06 Sep 2024 at 11:25

TenderUpdate

30 Aug 2024 at 13:55

Tender

30 Aug 2024 at 12:35

Summary of the contracting process

The Sheffield College is seeking tenders for a comprehensive, cloud-based Financial Management Software system, classified under Corporate finance and venture capital services (CPV code: 66122000). The objective is to find a robust solution that interfaces with the College's data management systems, including Tribal EBS and iTrent HR Payroll, to enhance Management Information reporting. The procurement, currently at the tender stage, follows an open procedure and the deadline for submissions is 30th September 2024, with bid opening scheduled for the same day. The estimated total value of the contract is £150,000. Located in Sheffield, UK (region: UKE), this service agreement will span an initial 3-year period with potential extensions of one plus one years, if mutually agreed.

This tender presents a significant growth opportunity for businesses specialising in financial management and educational sector software solutions. Ideal candidates are those with proven experience in similar environments, demonstrating the ability to provide ongoing development and high-quality end user support. SMEs and larger firms with innovative financial software solutions and a focus on customer-centric design are well-positioned to compete. The contract's emphasis on integration, reporting enhancement, and minimal disruption during upgrades offers a lucrative endeavour for firms with a strong track record in seamless, large-scale software implementations.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Financial Management Software-The Sheffield College

Notice Description

The College require a fit for purpose comprehensive and cloud-based Finance System solution. Tenderers should be able to demonstrate that the system has been successfully used in similar sized organisations, ideally in the Further Education sector, and that there is high quality end user support. It is expected that the supplier will be committed to research and development of the system throughout the 3-year contract, to keep pace with technological and financial developments and that upgrades to the system and user-customised screens can take place with minimal disruption. The key objectives are: * To implement a secure, robust, reliable, and comprehensive Finance System solution from a single supplier. * To provide a finance system to interface with the College data management systems (principally Tribal EBS student records, but also iTrent HR Payroll), to facilitate the reporting and analysis of fully informed Management Information. * To support a cultural change in the man

Lot Information

Lot 1

The College require a fit for purpose comprehensive and cloud-based Finance System solution.The College invites tenderers to use their knowledge of the design and implementation of financial software solutions that will streamline the delivery of the service and enhance the customer experience. Further details of the College Business Requirements for a finance ERP system and the responses required as part of the RFI is provided in an accompanying excel spreadsheet

Renewal: Potential extension if agreed.1+1 years.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0496d0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/028596-2024
Current Stage
Tender
All Stages
Tender

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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services


CPV Codes

48100000 - Industry specific software package

66122000 - Corporate finance and venture capital services

Notice Value(s)

Tender Value
£180,000 £100K-£500K
Lots Value
£180,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
6 Sep 20241 years ago
Submission Deadline
30 Sep 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

Contracting Authority (Buyer)

Main Buyer
FINANCIAL MANAGEMENT SOFTWARE - THE SHEFFIELD COLLEGE
Contact Name
Not specified
Contact Email
tia.eardley@sheffcol.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
SHEFFIELD
Postcode
N/A
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
TLE Yorkshire and The Humber

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-0496d0-2024-09-06T12:25:30+01:00",
    "date": "2024-09-06T12:25:30+01:00",
    "ocid": "ocds-h6vhtk-0496d0",
    "initiationType": "tender",
    "tender": {
        "id": "2024/S 000-027767",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "Financial Management Software-The Sheffield College",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "66122000",
            "description": "Corporate finance and venture capital services"
        },
        "mainProcurementCategory": "services",
        "description": "The College require a fit for purpose comprehensive and cloud-based Finance System solution. Tenderers should be able to demonstrate that the system has been successfully used in similar sized organisations, ideally in the Further Education sector, and that there is high quality end user support. It is expected that the supplier will be committed to research and development of the system throughout the 3-year contract, to keep pace with technological and financial developments and that upgrades to the system and user-customised screens can take place with minimal disruption. The key objectives are: * To implement a secure, robust, reliable, and comprehensive Finance System solution from a single supplier. * To provide a finance system to interface with the College data management systems (principally Tribal EBS student records, but also iTrent HR Payroll), to facilitate the reporting and analysis of fully informed Management Information. * To support a cultural change in the man",
        "value": {
            "amount": 180000,
            "currency": "GBP"
        },
        "lots": [
            {
                "id": "1",
                "description": "The College require a fit for purpose comprehensive and cloud-based Finance System solution.The College invites tenderers to use their knowledge of the design and implementation of financial software solutions that will streamline the delivery of the service and enhance the customer experience. Further details of the College Business Requirements for a finance ERP system and the responses required as part of the RFI is provided in an accompanying excel spreadsheet",
                "value": {
                    "amount": 180000,
                    "currency": "GBP"
                },
                "contractPeriod": {
                    "durationInDays": 1080
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "Potential extension if agreed.1+1 years."
                },
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "hasOptions": false,
                "status": "active"
            }
        ],
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "48100000",
                        "description": "Industry specific software package"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKE"
                    }
                ],
                "deliveryLocation": {
                    "description": "The Sheffield College,Granville RoadS2 2RL"
                },
                "relatedLot": "1"
            }
        ],
        "submissionMethod": [
            "written"
        ],
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "coveredBy": [
            "GPA"
        ],
        "tenderPeriod": {
            "endDate": "2024-09-30T12:37:00+01:00"
        },
        "submissionTerms": {
            "languages": [
                "en"
            ]
        },
        "awardPeriod": {
            "startDate": "2024-09-30T13:00:00+01:00"
        },
        "bidOpening": {
            "date": "2024-09-30T13:00:00+01:00",
            "address": {
                "streetAddress": "Electronically via the Intend Portal."
            }
        },
        "hasRecurrence": false,
        "contractTerms": {
            "hasElectronicOrdering": true,
            "electronicInvoicingPolicy": "allowed",
            "hasElectronicPayment": true
        },
        "reviewDetails": "25th October 2024",
        "amendments": [
            {
                "id": "1",
                "unstructuredChanges": [
                    {
                        "oldValue": {
                            "text": "150000"
                        },
                        "newValue": {
                            "text": "180000"
                        },
                        "where": {
                            "section": "II.1.5 II.2.6",
                            "label": "Estimated total value and Estimated value"
                        }
                    }
                ]
            },
            {
                "id": "2",
                "unstructuredChanges": [
                    {
                        "oldValue": {
                            "text": "180000"
                        },
                        "newValue": {
                            "text": "150000"
                        },
                        "where": {
                            "section": "II.1.5 II.2.6",
                            "label": "Estimated total value and Estimated value"
                        }
                    }
                ]
            },
            {
                "id": "3",
                "unstructuredChanges": [
                    {
                        "oldValue": {
                            "text": "180000"
                        },
                        "newValue": {
                            "text": "150000"
                        },
                        "where": {
                            "section": "II.1.5 II.2.6",
                            "label": "Estimated total value and Estimated value"
                        }
                    }
                ]
            }
        ]
    },
    "parties": [
        {
            "id": "GB-FTS-123069",
            "name": "Financial Management Software - The Sheffield College",
            "identifier": {
                "legalName": "Financial Management Software - The Sheffield College"
            },
            "address": {
                "streetAddress": "S2 2RL",
                "locality": "Sheffield",
                "region": "UKE",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "tia.eardley@sheffcol.ac.uk",
                "url": "https://in-tendhost.co.uk/sheffieldcollege/aspx/Tenders/MyTenders"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.sheffcol.ac.uk/",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "BODY_PUBLIC",
                        "description": "Body governed by public law"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "09",
                        "description": "Education"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-123070",
            "name": "TBC",
            "identifier": {
                "legalName": "TBC"
            },
            "address": {
                "locality": "Sheffield",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        }
    ],
    "buyer": {
        "id": "GB-FTS-123069",
        "name": "Financial Management Software - The Sheffield College"
    },
    "language": "en"
}