Award

Finance Management System

HULL COLLEGE

This public procurement record has 2 releases in its history.

Award

28 May 2025 at 10:40

Award

28 May 2025 at 10:33

Summary of the contracting process

Hull College, a sub-central government public authority, has completed a procurement process to appoint a supplier for a comprehensive Finance Management System. This initiative aims to modernise the college's financial management capabilities with a cloud-based system that will enhance efficiency, streamline processes, and improve financial reporting. The procurement, finalised on 28th May 2025, involved a limited competition approach under the "Below threshold - limited competition" procurement method. The successful bidder, XLEDGER Limited, will provide the software and associated services, including ongoing support and training, ensuring the solution integrates seamlessly with existing IT infrastructure. The contract period is set from 1st June 2025 to 30th May 2028. The industry category for this contract is software package and information systems, and the service will be applied across various regions within the United Kingdom.

This tender represents a substantial opportunity for businesses specialising in financial management software, particularly those that can deliver tailored solutions with robust user support. SMEs with experience in the Further Education sector and the capability to demonstrate successful implementation in similar-sized organisations are well-positioned to compete in such tenders. The emphasis on ongoing system development, compliance with regulatory standards, and user-customised features lend an opportunity for businesses that focus on innovation and customer-centric solutions to expand their market reach and establish a position within public sector contracts.

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Notice Title

Finance Management System

Notice Description

You're invited by Hull College to submit a bid to tender for Financial Management Software services. We're seeking to appoint a supplier to provide, implement and support a fit for purpose comprehensive and cloud-based Finance System solution with ongoing support and training services where required. The new system should be tailored to meet the institution's operational needs, and should enhance efficiency, streamline financial processes, improve financial reporting and integrate seamlessly with the existing IT infrastructure. This initiative aims to modernise our financial management capabilities, ensuring compliance with all relevant regulatory and financial standards. 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.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0527ac
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/028020-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£165,000 £100K-£500K
Contracts Value
£165,000 £100K-£500K

Notice Dates

Publication Date
28 May 20259 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 May 20259 months ago
Contract Period
31 May 2025 - 30 May 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
HULL COLLEGE
Contact Name
Not specified
Contact Email
susan.navier@hull-college.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
HULL
Postcode
HU1 3DG
Post Town
Hull
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE1 East Yorkshire and Northern Lincolnshire
Small Region (ITL 3)
TLE11 Kingston upon Hull, City of
Delivery Location
Not specified

Local Authority
Kingston upon Hull, City of
Electoral Ward
St Andrew's & Docklands
Westminster Constituency
Kingston upon Hull West and Haltemprice

Supplier Information

Number of Suppliers
1
Supplier Name

XLEDGER

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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