Planning

Provision of The Transparent Approach to Costing (TRAC) Solution

ABERTAY UNIVERSITY

This public procurement record has 1 release in its history.

Planning

29 May 2024 at 00:00

PCS Notice - Website Prior Information Notice
Summary of the contracting process

Abertay University, a public buyer based in Dundee, UK, has initiated a tender process for the Provision of The Transparent Approach to Costing (TRAC) Solution in the education sector. The procurement stage is currently at the planning phase, with a value of £46,000 GBP. The deadline for future notice registration is set for June 28, 2024.

This opportunity presented by Abertay University's tender for the TRAC Solution opens avenues for service providers in the education sector focusing on financial management solutions. Businesses offering TRAC compliance services, governance, cost allocation, and analytical tools would be well-suited to compete for this contract. The procurement process aims to enhance the university's financial transparency and operational efficiency, providing a platform for vendors to contribute significantly to Abertay's institutional objectives.

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Notice Information

Notice Title

Provision of The Transparent Approach to Costing (TRAC) Solution

Notice Description

Abertay University have now reached the threshold where they must report to the Scottish Funding Council (SFC) for The Transparent Approach to Costing (TRAC). The University requires to move from TRAC dispensation to TRAC compliance, ensuring Abertay has a TRAC compliant model including Governance, Income & Cost Allocation and Cost Centre Analysis.

Lot Information

Lot 1

Abertay University is seeking to implement a TRAC solution that ensures full compliance with TRAC requirements and provides timely updates for changes in TRAC regulations. Additionally, we are looking for a solution that offers enhanced reporting capabilities for internal operational and strategic planning. Our goal is to find a system that delivers significant value beyond TRAC compliance, supporting our broader institutional objectives and overall efficiency and decision-making processes.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000767863
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY506211
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
PCS Notice - Website Prior Information Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72212170 - Compliance software development services

72260000 - Software-related services

Notice Value(s)

Tender Value
£46,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
29 May 20241 years ago
Submission Deadline
Not specified
Future Notice Date
28 Jun 2024Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
ABERTAY UNIVERSITY
Contact Name
Nicci Robertson
Contact Email
procurement@abertay.ac.uk
Contact Phone
+44 1382308995

Buyer Location

Locality
DUNDEE
Postcode
DD1 1HG
Post Town
Dundee
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM0 Eastern Scotland
Small Region (ITL 3)
TLM03 Angus and Dundee City
Delivery Location
TLM71 Angus and Dundee City
Local Authority
Dundee City
Electoral Ward
Maryfield
Westminster Constituency
Dundee Central

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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