Award

Research Finance and Costing Solution

UNIVERSITY OF PLYMOUTH

This public procurement record has 3 releases in its history.

Award

05 Jan 2026 at 09:11

Award

06 Oct 2025 at 08:30

Tender

24 Jul 2025 at 15:30

Summary of the contracting process

The University of Plymouth has completed its procurement process for a Research Finance and Costing Solution, initially initiated through a tender prior to October 2025. The process followed an open competitive flexible procedure, ultimately culminating in an award on the 11th of December 2025, with signed contracts active until December 2030. This procurement falls within the "Software package and information systems" industry category, primarily addressing the need for financial systems software packages. The University's location is Plymouth, Devon, UK, specifically targeting delivery within the UKK41 region. This procurement process facilitated various stages, including tender and award, ensuring adaptability in requirements with options for future direct awards.

This tender presents significant opportunities for businesses specialising in financial systems software, particularly SMEs like Worktribe Ltd, which successfully secured the contract. With the provision for potential 1+1 year extensions beyond the initial five-year term, businesses have an opportunity to engage in long-term service provision, including SaaS subscription, training, and ongoing support. Companies with expertise in accounting systems, system management software, and financial information systems will find this contract conducive to growth by supporting the innovative research needs of a prominent educational institution like the University of Plymouth. Furthermore, the competitive nature of the procurement method underscores the suitability of businesses adept at navigating flexible competitive procedures.

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Notice Title

Research Finance and Costing Solution

Notice Description

The University seeks a finance and costing solution for Research. The resultant contract will be for a minimum of 5 years and will include, SAAS subscription, transition, training and ongoing support. The Authority reserves the right to adapt requirements during this tender and will revise timelines accordingly if necessary The Authority reserves the right to direct award the following 5 year contract and will consider this solution embedded technology

Lot Information

Lot LOT-0000

Renewal: Option to extend 2 x 1 year period

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0565ca
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000123-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Competitive flexible procedure
Tender Suitability
VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

48442000 - Financial systems software package

48444000 - Accounting system

48780000 - System, storage and content management software package

48812000 - Financial information systems

Notice Value(s)

Tender Value
£599,935 £500K-£1M
Lots Value
£599,935 £500K-£1M
Awards Value
£556,493 £500K-£1M
Contracts Value
£556,493 £500K-£1M

Notice Dates

Publication Date
5 Jan 20261 months ago
Submission Deadline
2 Oct 2025Expired
Future Notice Date
Not specified
Award Date
3 Oct 20254 months ago
Contract Period
11 Dec 2025 - 10 Dec 2030 Over 5 years
Recurrence
2032-02-03

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF PLYMOUTH
Contact Name
Stephanie Hurrell
Contact Email
stephanie.hurrell@plymouth.ac.uk
Contact Phone
+44 1752588160

Buyer Location

Locality
PLYMOUTH, DEVON
Postcode
PL4 8AA
Post Town
Plymouth
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK4 Devon
Small Region (ITL 3)
TLK41 Plymouth
Delivery Location
TLK South West (England), TLK4 Devon

Local Authority
Plymouth
Electoral Ward
Drake
Westminster Constituency
Plymouth Sutton and Devonport

Supplier Information

Number of Suppliers
1
Supplier Name

WORKTRIBE

Open Contracting Data Standard (OCDS)

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