Tender

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Lumero Educational Trust - Financial Management Software

Lumero Educational Trust

This public procurement record has 2 releases in its history.

TenderCancellation

18 Jul 2026 at 10:07

UK12 - Procurement Termination Notice
Tender

20 Mar 2026 at 16:30

UK4 - Tender Notice
Summary of the contracting process

Lumero Educational Trust sought a single financial management software contract covering the Trust and its 12 schools: four secondary and eight primary schools. The requirement was for a completely cloud-based finance system compatible with Microsoft and Google environments, supporting the DfE Chart of Accounts and comprehensive financial transactions, searching, journals and links between finance and budgeting modules. The supplier would also provide an accessible help desk, portal and remote access during agreed hours. The Trust has around 7,429 pupils and approximately 950 staff, so the system would support finance operations across a sizeable education group. Additional schools joining the Trust during the contract could be added at the Trust’s discretion. The procurement was for software and associated support services.

The process reached tender: suppliers were invited through a two-stage Competitive Flexible Procedure, beginning with a Procurement Specific Questionnaire and followed by an Invitation to Tender for selected candidates. The procurement and its single lot were cancelled, with the stated reason being a change of senior resource at the Trust and internal timescale challenges. Expressions of interest and enquiries were due by 24 April 2026 at 12:00, and the planned award period ended on 9 July 2026 at 23:59. The proposed contract period was 1 September 2026 to 31 August 2029, with an extension option of up to two years, ending no later than 31 August 2031. The estimated value was £265,000 excluding VAT, or £318,000 including VAT.

This opportunity suited software providers with a proven cloud finance platform for multi-entity education organisations, particularly suppliers able to support both Microsoft and Google environments and DfE Chart of Accounts compliance. Strong candidates would have demonstrated capability in accounting, budgeting integration, financial transaction processing, journal management and search functions, alongside reliable user support through a help desk, portal and remote access. The Trust sought a supplier able to work in partnership and provide sustained support, not simply software licensing. Applicants needed annual turnover of at least £200,000 and employers’ liability and public liability insurance of £5 million each. The lot was identified as suitable for SMEs and voluntary, community or social enterprises, subject to meeting the stated requirements and selection threshold.

How relevant is this notice?

Notice Information

Notice Title

Lumero Educational Trust - Financial Management Software

Notice Description

Lumero Educational Trust (formerly Inicio Educational Trust) - Financial Management Software Tender There are 12 schools in the Lumero Educational Trust family - 4 secondary schools and 8 primary schools, united by a shared commitment to transforming lives through exceptional education. Our schools vary in size and have a combined student numbers of 7,429 in the school census of October 2025, with approximately 950 staff. We are committed to excellence, having great aspirations for our children and young people, and encouraging them to seek out and take hold of opportunities. Our drive for excellence is supported by our collaboration, both between our schools and with our excellent support service providers. Further information regarding the Trust can be obtained here: https://www.iniciotrust.org/ Tender information: This tender is for the provision of financial management software to the Inicio Educational Trust The contract term being tendered is for three years, 1st September 2026 - 31st August 2029. There is an option for a further extension period for up to two additional years to 31st August 2031. Key requirements are: a single contract across the thirteen entities (12 schools and the Trust), provision of the necessary software to meet our technical requirements and the provision of a user-accessible help desk, portal and remote access within agreed hours. The Trust requires a completely cloud based finance system solution compatible with both Microsoft and Google. The solution must be DFE Chart of Accounts compliant, have comprehensive financial transaction, search capability, transaction and journal capability, with seamless links between finance and budgeting modules. The Trust is not obliged to accept the lowest price submitted for this tender, rather they are keen to secure 'best value'. The trust seeks a contractor that is keen to work in partnership and who will deliver both a cutting edge solution and the highest levels of support at all times. Competitive Flexible Procedure This procurement will be run under the Competitive Flexible Procedure. This will follow a two stage approach, with stage 1 being the Procurement Specific Questionnaire (PSQ). Here a minimum of 5 candidates (or less, in the event less than 5 meet the minimum criteria) and a maximum of 10 candidates, will progress to stage 2. Any selection of tenderers will be based solely on the criteria set out for the procurement and a minimum score of 60% must be achieved. Selected tenderers will then be invited to stage 2, the Invitation To Tender (ITT). Here, the evaluation of tender response will be set as 50% price, 25% technical capability and 25% support. Value of contract: The annual value of the current contract is PS53,000 Therefore the value of this contract is PS265,000 Additional requirements and information: *The Trust has a minimum requirement for a contractor's employers' liability and public liability insurances of PS5 million *The minimum annual turnover that your company must have achieved to be considered for this opportunity is PS200,000 *The services are currently provided by Access Education and Iris PS Financials. *Please note this is a growing Trust and any other schools that may join the Trust during the tenure of this new contract may, at the Trust's discretion, be added to this contract. *The client reserves the right not to appoint in conclusion of this project. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Kent:-Software-package-and-information-systems./F53PW4QSGH To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/F53PW4QSGH

Lot Information

Lot 1

Renewal: There is an option for a further extension period for up to two additional years to 31st August 2031.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0670c3
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/068021-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK12 - Procurement Termination Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Competitive flexible procedure
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48000000 - Software package and information systems

48422000 - Software package suites

48440000 - Financial analysis and accounting software package

48441000 - Financial analysis software package

48442000 - Financial systems software package

48443000 - Accounting software package

48444000 - Accounting system

Notice Value(s)

Tender Value
£265,000 £100K-£500K
Lots Value
£265,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Sep 2026 - 31 Aug 2029 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Cancelled
Lots Status
Cancelled
Awards Status
Cancelled
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Lumero Educational Trust
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
KENT
Postcode
BR7 5LJ
Postcode Area
Bromley
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI61 Bromley
Delivery Location
TLJ4 Kent
Local Authority
Bromley
Electoral Ward
Bickley & Sundridge
Westminster Constituency
Bromley and Biggin Hill

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...