---
title: "Provision of Financial Services and Systems"
ocid: "ocds-b5fd17-28018eb9-a919-436a-8f2a-9f97d428e48c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-28018eb9-a919-436a-8f2a-9f97d428e48c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-28018eb9-a919-436a-8f2a-9f97d428e48c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-28018eb9-a919-436a-8f2a-9f97d428e48c.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "THE SOUTH TEES HOSPITALS NHS FOUNDATION TRUST"
published: "2020-03-09"
---

# Provision of Financial Services and Systems

Buyer: THE SOUTH TEES HOSPITALS NHS FOUNDATION TRUST  
Current stage: Award  
OCID: ocds-b5fd17-28018eb9-a919-436a-8f2a-9f97d428e48c

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## Summary

The South Tees Hospitals NHS Foundation Trust is seeking providers for the "Provision of Financial Services and Systems", with a total contract value of £5,577,000. This procurement falls under the category of financial transaction processing and is situated in the North East of England. The procurement method employed is a selective tendering procedure, with the tender period having ended on 20 August 2019. The contract commences on 1 April 2020 and runs until 31 March 2027.

This contracting opportunity presents significant potential for business growth, particularly for small and medium-sized enterprises (SMEs) that offer financial services such as payroll, receivables, and payable services. Competitors with experience in providing comprehensive financial systems that include E-Procurement functionalities will be especially well-suited to compete. This contract not only allows for sustained engagements over several years but also aligns with the increasing demand for efficient financial service solutions in the healthcare sector.

## Notice

South Tees Hospitals NHS Foundation Trust is seeking a Provider(s) with the appropriate product range, experience and competitive pricing to supply it with Financial Services to include Payroll, Receivables and Payable Services and the provision of Financial Systems which must include E Procurement.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/00f2ca06-0696-48db-b45f-daa9076754fc |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 9 Mar 2020 |
| Submission deadline | 20 Aug 2019 |
| Future notice date | Not specified |
| Award date | 3 Mar 2020 |
| Contract period | 31 Mar 2020 - 31 Mar 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £5,577,000 |
| Lots value | Not specified |
| Awards value | £5,577,000 |
| 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 | THE SOUTH TEES HOSPITALS NHS FOUNDATION TRUST |
| Locality | MIDDLESBROUGH |
| Post town | Cleveland |
| Postcode | TS4 3BW |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC3 Tees Valley |
| ITL 3 | TLC32 South Teesside |
| Local authority | Middlesbrough |
| Electoral ward | Longlands & Beechwood |
| Westminster constituency | Middlesbrough and Thornaby East |
| Delivery location | TLC North East (England) |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66172000 - Financial transaction processing and clearing-house services

## Release History

- 9 Mar 2020 at 17:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/00f2ca06-0696-48db-b45f-daa9076754fc

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/00f2ca06-0696-48db-b45f-daa9076754fc
  9th March 2020 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=MAR159438
  NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided.

## Notice URLs

- https://www.southtees.nhs.uk/

## 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-b5fd17-28018eb9-a919-436a-8f2a-9f97d428e48c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-28018eb9-a919-436a-8f2a-9f97d428e48c.json.