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Financial Management System

THE LEGACY LEARNING TRUST

This public procurement record has 2 releases in its history.

Award

27 Jun 2025 at 11:02

UK7 - Contract Details Notice
Award

27 Jun 2025 at 10:59

UK6 - Contract Award Notice
Summary of the contracting process

The public procurement process for a Financial Management System, facilitated by The Legacy Learning Trust, took place to secure a three-year contract for such a system. The trust is based in Middlesbrough, located in the UKC12 region of the United Kingdom. Following a limited competition procurement method, the process reached its award stage on 27th June 2025. This tender is categorised under "goods" with a focus on financial systems software packages. The main contract was awarded to ION Industries Ltd, a small to medium-sized enterprise located in Newcastle Upon Tyne, after evaluating submissions through a below-threshold procurement process. The total contract value is £96,917, starting on 27th June 2025 and ending on 26th June 2028, with possibilities for additional modules, support, and training options.

This procurement offers significant opportunities for businesses specialising in creating or enhancing financial software solutions. Organisations equipped with expertise in financial management systems can expand their portfolio by supplying and supporting comprehensive financial solutions. Small to medium-sized enterprises (SMEs), particularly those with capabilities similar to ION Industries Ltd, could find such opportunities particularly beneficial, as the procurement process demonstrates inclusivity towards SMEs by awarding contracts within limited competitive frameworks. With potential extensions and added services on offer, this contract not only represents immediate financial growth but also positions a supplier for further collaborations.

How relevant is this notice?

Notice Information

Notice Title

Financial Management System

Notice Description

Procurement of Financial management system for TLLT, 3 year contract

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0554fe
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/035729-2025
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

48442000 - Financial systems software package

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£80,764 Under £100K
Contracts Value
£80,764 Under £100K

Notice Dates

Publication Date
27 Jun 20254 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
5 Jun 20255 months ago
Contract Period
26 Jun 2025 - 26 Jun 2028 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE LEGACY LEARNING TRUST
Contact Name
Not specified
Contact Email
contact@tllt.org.uk
Contact Phone
Not specified

Buyer Location

Locality
MIDDLESBROUGH
Postcode
TS5 8PB
Post Town
Cleveland
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC32 South Teesside
Delivery Location
Not specified
Local Authority
Middlesbrough
Electoral Ward
Kader
Westminster Constituency
Middlesbrough and Thornaby East

Supplier Information

Number of Suppliers
1
Supplier Name

ION INDUSTRIES

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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