Planning

Asset Management System

TYNE AND WEAR PASSENGER TRANSPORT EXECUTIVE T/A NEXUS

This public procurement record has 1 release in its history.

Planning

24 Jul 2025 at 11:10

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

The procurement process under the planning stage involves the Tyne and Wear Passenger Transport Executive, trading as Nexus, located in Newcastle Upon Tyne. This initiative focuses on acquiring a new Asset Management System to enhance operational efficiency and effectiveness. This procurement falls under the goods category, specifically software packages and information systems, with a project value of £1,560,000. The engagement milestone is aimed at gathering market insights by 15th August 2025. Nexus is conducting a Preliminary Market Engagement to explore available solutions, with the contract expected to commence on 2nd June 2026, running potentially until 2nd June 2034.

This tender presents an opportunity for businesses specializing in software development, particularly those experienced in asset management solutions. It is an ideal chance for small and medium enterprises (SMEs) as the procurement process indicates a focus on inclusivity. Companies capable of delivering innovative, compliant software systems and who can navigate Nexus's terms and conditions will find this tender beneficial for business growth. By participating in this engagement, businesses can influence the tender process and establish a footing in the public sector market.

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Notice Information

Notice Title

Asset Management System

Notice Description

Preliminary Market Engagement for the provision of a new asset management system to replace the existing asset management system.

Planning Information

Nexus is undertaking an initiative to replace its existing Asset Management System with a modern, robust solution. The current system has reached its operational limits, hindering efficiency, data accuracy and overall asset management effectiveness. By investing in a state-of-the-art Asset Management System, Nexus expects to achieve significant improvements in asset visibility, maintenance planning, financial management and reporting. Nexus intends to circulate a questionnaire through the North East Procurement Organisation OPEN eProcurement portal, allowing you to provide more information about your interest and comment on the proposed approach. Suppliers will need to register to gain free access to procurement documents and, to submit questionnaire responses. If you are not registered, you can do so here: https://www.open-uk.org/ This Preliminary Market Engagement aims to: • Understand the market's appetite and capability to deliver a compliant asset management system. • Assess the markets views on Nexus Terms and Conditions • Explore key delivery considerations • Understand risks and issues not previously considered • Provide potential suppliers with an opportunity to raise queries or suggest amendments in advance of any formal procurement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-056552
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/042702-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME
Awardee Scale
Not specified

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
£1,300,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jul 20257 months ago
Submission Deadline
Not specified
Future Notice Date
15 Aug 2025Expired
Award Date
Not specified
Contract Period
1 Jun 2026 - 1 Jun 2031 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
TYNE AND WEAR PASSENGER TRANSPORT EXECUTIVE T/A NEXUS
Contact Name
Not specified
Contact Email
tenders@nexus.org.uk
Contact Phone
Not specified

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE1 4AX
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England)
Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

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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