Finance System software including installation and ongoing support & maintenance

PRESTON COLLEGE

This public procurement record has 2 releases in its history.

TenderUpdate

22 May 2026 at 10:48

Tender

17 Apr 2026 at 12:24

Summary of the contracting process

Preston College has initiated a procurement for a Finance System software, including installation and ongoing support & maintenance. This procurement, valued at £336,000, is conducted via an open procedure and falls under the accounting system industry category. The buyer, Preston College, located in Fulwood, Preston, is seeking a comprehensive finance solution capable of handling general ledger, purchase ledger, sales ledger, and workflow management. The current procurement stage is active, with the tender period ending on 22nd May 2026, and the contract is set to commence on 1st August 2026, extending potentially up to 2035 with optional renewals. Interested parties can submit proposals electronically in English, and further details are provided through a specified platform.

This procurement presents significant opportunities for businesses specialising in finance systems and software solutions. Companies that provide off-the-shelf accounting systems with robust support features for educational institutions will find this tender particularly suited to their offerings. Small and medium enterprises (SMEs), as well as voluntary, community, and social enterprises (VCSEs), are encouraged to participate given the suitability criteria. Businesses that can demonstrate technical excellence, social value contributions, and competitive pricing will have a competitive edge in this tender process.

How relevant is this notice?

Notice Title

Finance System software including installation and ongoing support & maintenance

Notice Description

We are seeking a replacement for our current finance system. We require a system which can cover all aspects of college finance such as general ledger, purchase ledger, sales ledger as well as manage workflows and approvals etc. Details are in the attached specification - Appendix 1. Our focus is on having an off the shelf option where possible, to maintain the simplicity of implementation and use, upgrading and maintenance etc. We also require installation of the system and ongoing support & maintenance for the remainder of the contract which is 4 years with optional 4 x 12-month extensions.

Lot Information

Lot 1

Renewal: Extensions allowed: Yes (4 x 12 months)

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06854e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/047718-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48444000 - Accounting system

Notice Value(s)

Tender Value
£280,000 £100K-£500K
Lots Value
£280,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
22 May 20261 months ago
Submission Deadline
22 May 2026Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Jul 2026 - 31 Jul 2031 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
PRESTON COLLEGE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
PRESTON
Postcode
PR2 9UR
Post Town
Preston
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD45 Mid Lancashire
Delivery Location
Not specified

Local Authority
Preston
Electoral Ward
City Centre
Westminster Constituency
Preston

Further Information

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.

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