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MKC - Finance system 3 years with option to extend x2 12 month periods

Milton Keynes College

This public procurement record has 1 release in its history.

Tender

12 May 2025 at 17:43

UK4 - Tender Notice
Summary of the contracting process

Milton Keynes College is initiating an open tender process to procure a comprehensive finance system for three years, with an option to extend for two additional 12-month periods. The procurement involves the delivery of financial systems software and is part of their efforts to integrate this with existing MIS and payroll functions. Located in Milton Keynes, UK, the College requires interested parties to submit proposals by 13th June 2025, following the close of the enquiry period on 2nd June 2025. This active procurement process falls under the goods category and is guided by legal frameworks and procedures established under UKPGA 2023/54.

This tender presents substantial growth opportunities for businesses specialising in financial and accounting software packages, particularly those that can offer seamless integration services. Small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) might find this tender particularly accessible due to explicit suitability provisions. The open procedure allows for a competitive yet inclusive bidding process, encouraging diverse participation and fostering innovation in financial management solutions. Companies entering the competition should demonstrate robust quality standards, accreditations, and pertinent experience to succeed in this procurement opportunity. The full contract period extends to August 2028, and potential extensions could lead to a maximum engagement period until August 2030, increasing the scope for continued collaboration and service provision.

How relevant is this notice?

Notice Information

Notice Title

MKC - Finance system 3 years with option to extend x2 12 month periods

Notice Description

Milton Keynes College require a single finance system, capable of working seemlessly with its MIS and payroll functions. Full information of the requirement is set out within the tender documentation.

Lot Information

Lot 1

Options: Description of options - Include enough information to understand the scope of the options and the circumstances in which they could be used.

Renewal: Description of extensions - Include the circumstances in which they could be used, and provide a breakdown if multiple extensions are possible.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-051176
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/020653-2025
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
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

48490000 - Procurement software package

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
£500,000 £500K-£1M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 May 20251 years ago
Submission Deadline
13 Jun 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Sep 2025 - 24 Aug 2028 2-3 years
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
Milton Keynes College
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MILTON KEYNES
Postcode
MK6 5LP
Postcode Area
Milton Keynes
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ12 Milton Keynes
Delivery Location
Not specified
Local Authority
Milton Keynes
Electoral Ward
Woughton & Fishermead
Westminster Constituency
Milton Keynes Central

Further Information

Notice Documents

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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