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Finance System

The City of Edinburgh Council

This public procurement record has 3 releases in its history.

Award

19 Dec 2022 at 00:00

OJEU - F3 - Contract Award Notice
Tender

08 Mar 2022 at 00:00

OJEU - F2 - Contract Notice
Planning

25 Jan 2022 at 00:00

OJEU - F1 - Prior Information Notice
Summary of the contracting process

The City of Edinburgh Council, a regional local authority based in Edinburgh, UK, has recently completed an award process for a Finance System procurement contract. The tender involved a competitive procedure with negotiation to select the supplier Xledger ltd. The procurement method was selective, with a focus on goods category. The total contract value amounted to £242,366.80 GBP, signed on 3rd November 2022. This procurement opportunity was accelerated under specific regulations, with a planning phase initiated on 25th January 2022. The Finance System contract aimed at managing purchase and sales ledgers for the Lothian Pension Fund.

This tender by The City of Edinburgh Council presents growth opportunities for small and medium-sized enterprises (SMEs) in the financial software sector. Businesses offering finance systems and associated services will find this opportunity particularly relevant. The contract, aimed at providing a system for managing purchase and sales ledgers and general accounts, requires suppliers to meet specified quality and price criteria. Interested businesses should note the accelerated procurement process and consider engaging with the City of Edinburgh Council to explore potential collaborations and submit tailored bids to meet the requirements of the Finance System contract.

How relevant is this notice?

Notice Information

Notice Title

Finance System

Notice Description

Finance system and associated services.

Lot Information

Lot 1

Lothian Pension Fund is seeking a Finance System to manage purchase and sales ledgers and general accounts related duties. There may be options for additional functionality to be added through the life of the contract.

Renewal: It is the intention of LPF that the Contract will commence in September 2022 for a period of five years with the option to extend for up to a further five years undertaken at the sole discretion of LPF.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000680849
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC467236
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation
Tender Suitability
Not specified
Awardee Scale
SME

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
£242,366 £100K-£500K

Notice Dates

Publication Date
19 Dec 20223 years ago
Submission Deadline
23 Mar 2022Expired
Future Notice Date
1 Mar 2022Expired
Award Date
3 Nov 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
The City of Edinburgh Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EDINBURGH
Postcode
EH8 8BG
Postcode Area
Edinburgh
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM75 City of Edinburgh
Local Authority
City of Edinburgh
Electoral Ward
City Centre
Westminster Constituency
Edinburgh East and Musselburgh

Supplier Information

Number of Suppliers
1
Supplier Name

Xledger ltd

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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