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Oracle SaaS Subscription

O F W A T

This public procurement record has 1 release in its history.

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23 Oct 2026 at 10:14

UK7 - Contract Details Notice
Summary of the contracting process

The Water Services Regulation Authority (Ofwat) renewed its Oracle software subscription, which supports the authority’s finance and procurement system. The purchase is a financial systems software package, specifically a software-as-a-service subscription. Delivery is across England, including the North East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East and South West. The requirement concerns continued access to the Oracle platform used for Ofwat’s internal financial management and procurement activities, rather than a new system implementation or a wider programme of software services.

The procurement is complete and the contract has been awarded to Oracle Corporation UK Limited. Ofwat used a direct award below the applicable threshold, without competition. The contract was signed on 14 October 2026 and runs from 28 October 2026 to 27 October 2028. Its value is £293,502.75 excluding VAT (£352,203.30 including VAT). The process was organised as one lot, covering the subscription renewal. No award evaluation criteria are reported; the published procurement method was direct award without competition. The award is active and the contract is active.

This renewal shows demand at Ofwat for continued access to Oracle SaaS financial systems supporting finance and procurement operations. Suppliers competing for a future requirement of this kind would need to demonstrate that their platform can reliably underpin both financial management and procurement, and that they can provide the required subscription service across Ofwat’s England-wide operations. Credibility would depend on a close fit with the authority’s existing system environment and the ability to sustain business-critical software access throughout a multi-year service period. The award went to a large established software supplier through a non-competitive direct route, so competitors should be prepared to show a strong, relevant track record and a clear case for how their offering meets Ofwat’s specific operational needs.

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Notice Information

Notice Title

Oracle SaaS Subscription

Notice Description

This contract is a renewal of the Oracle software subscription that underpins Ofwat's finance and procurement system.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-078e8a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/100282-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

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
Not specified
Contracts Value
£293,502 £100K-£500K

Notice Dates

Publication Date
23 Oct 20264 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
28 Oct 2026 - 27 Oct 2028 2-3 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
O F W A T
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B5 4UA
Postcode Area
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

Oracle Corporation UK Limited

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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