---
title: "Managed Finance System"
ocid: "ocds-b5fd17-145958f3-04ba-472f-86b3-ce8417ef8d90"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-145958f3-04ba-472f-86b3-ce8417ef8d90"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-145958f3-04ba-472f-86b3-ce8417ef8d90.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-145958f3-04ba-472f-86b3-ce8417ef8d90.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "CARE QUALITY COMMISSION"
published: "2021-10-20"
---

# Managed Finance System

Buyer: CARE QUALITY COMMISSION  
Current stage: Award  
OCID: ocds-b5fd17-145958f3-04ba-472f-86b3-ce8417ef8d90

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-145958f3-04ba-472f-86b3-ce8417ef8d90)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-145958f3-04ba-472f-86b3-ce8417ef8d90.json)

## Summary

The Care Quality Commission is conducting a procurement process for a Managed Finance System, aiming to manage financial transactions within the health sector. This tender falls under the industry category of financial transaction processing and clearing-house services (CPV code: 66172000) and is located in the North East of the United Kingdom. The procurement has reached the award stage, with the award decision made on 1st May 2021. The total value of the contract is £806,978, with a contract period commencing on 1st July 2021 and concluding on 30th June 2023. This procurement method was selective, involving a call-off from a framework agreement.

This tender presents a significant opportunity for small and medium-sized enterprises (SMEs) as well as voluntary, community, and social enterprises (VCSEs) to engage in the public sector. Businesses specialising in financial transaction processing services are particularly well-suited to compete for this contract. Given the contract's focus on managing financial transactions for health services, providers offering innovative financial solutions and proficient transaction management capabilities could find promising opportunities for growth and collaboration within the healthcare sector.

## Notice

Management of financial transactions

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/328df0a4-b4c2-454b-96f2-c63d0f4b6eea |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME, VCSE |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 20 Oct 2021 |
| Submission deadline | 1 May 2021 |
| Future notice date | Not specified |
| Award date | 30 Apr 2021 |
| Contract period | 30 Jun 2021 - 30 Jun 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £806,978 |
| Lots value | Not specified |
| Awards value | £806,978 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | CARE QUALITY COMMISSION |
| Locality | NEWCASTLE UPON TYNE |
| Post town | Newcastle upon Tyne |
| Postcode | NE1 4PA |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | Newcastle upon Tyne |
| Electoral ward | Monument |
| Westminster constituency | Newcastle upon Tyne Central and West |
| Delivery location | TLC North East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | NHS SHARED BUSINESS SERVICES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66172000 - Financial transaction processing and clearing-house services

## Release History

- 20 Oct 2021 at 15:59 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/328df0a4-b4c2-454b-96f2-c63d0f4b6eea

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/328df0a4-b4c2-454b-96f2-c63d0f4b6eea
  20th October 2021 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/b1ec3231-fdcd-439a-a4e1-ba94744a641d
  Contract
- https://www.contractsfinder.service.gov.uk/Notice/SupplierAttachment/0293e536-709d-4bcf-bf0c-dbb01db511f7
  Contract

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-145958f3-04ba-472f-86b3-ce8417ef8d90. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-145958f3-04ba-472f-86b3-ce8417ef8d90.json.