--- title: "Tender for Cloud Hosted Financial Management System" ocid: "ocds-b5fd17-29517f44-7a1b-449e-878b-d36add772398" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-29517f44-7a1b-449e-878b-d36add772398" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-29517f44-7a1b-449e-878b-d36add772398.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-29517f44-7a1b-449e-878b-d36add772398.json" source: "Contracts Finder" current_stage: "Award" buyer: "WELLAND PROCUREMENT" published: "2018-12-04" --- # Tender for Cloud Hosted Financial Management System Buyer: WELLAND PROCUREMENT Current stage: Award OCID: ocds-b5fd17-29517f44-7a1b-449e-878b-d36add772398 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-29517f44-7a1b-449e-878b-d36add772398) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-29517f44-7a1b-449e-878b-d36add772398.json) ## Summary The Welland Procurement authority is seeking tenders for a Cloud Hosted Financial Management System, aimed at delivering a hosted financial system across multiple councils in the East Midlands, UK. The procurement process is currently at the award stage, with bids having closed on 31st October 2018. The total value of the contract is estimated at £3,785,000 over a maximum 15-year term, with the contract period scheduled to run from 4th February 2019 to 31st March 2024. Interested bidders were required to meet mandatory criteria specified in the tender documents. This tender presents significant opportunities for businesses specialising in Software as a Service (SaaS) solutions, particularly those focusing on financial systems. Small and medium-sized enterprises (SMEs) would be especially well-suited to compete, given the procurement's emphasis on meeting specific implementation and operational criteria. With several councils eligible to utilise the resulting contract, successful bidders could establish long-term partnerships and expand their market presence within local government procurement. ## Notice The Councils are seeking a suitably experienced supplier to provide a hosted financial system. The value identified in this notice is split between the Councils named in the procurement. It is a combination of estimated implementation costs and an annual price for the maximum 15 year contract term. Interested bidders are asked to note the Mandatory Criteria available in the Specification before making a decision on whether or not to submit a tender. Bidders must be able to meet those mandatory criteria in order to be eligible to tender for this requirement. Bidders are also asked to note that in addition to those Councils jointly procuring this contract, the following additional Councils are eligible to make use of the ensuing contract: Blaby District Council: value within the overall contract value is PS600,000 Oadby and Wigston District Council: value within the overall contract value is PS375,000 Hinckley and Bosworth District Council: value within the overall contract value is PS585,000 All Councils named in this procurement reserve the right to increase or decrease the number of software licences they require during the term of the contract as their business need changes. Please be aware that the Councils are looking for a SaaS rather than traditional licencing agreement. Tender documents can be found at the following address: www.eastmidstenders.org ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/e768fc69-09cd-47d5-84e6-9b01e39da8d1 | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Goods | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | SME | | Awardee scale | Large | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 4 Dec 2018 | | Submission deadline | 31 Oct 2018 | | Future notice date | Not specified | | Award date | 4 Dec 2018 | | Contract period | 4 Feb 2019 - 31 Mar 2024 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £3,785,000 | | Lots value | Not specified | | Awards value | Not specified | | 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 | WELLAND PROCUREMENT | | Locality | MELTON MOWBRAY | | Post town | Leicester | | Postcode | LE13 1GH | | Country | England | | ITL 1 | TLF East Midlands (England) | | ITL 2 | TLF2 Leicestershire, Rutland and Northamptonshire | | ITL 3 | TLF22 Leicestershire CC and Rutland | | Local authority | Melton | | Electoral ward | Melton Warwick | | Westminster constituency | Melton and Syston | | Delivery location | TLF East Midlands (England) | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | NO AWARD MADE | ## CPV Codes ### Divisions - 48 - Software package and information systems ### Codes - 48442000 - Financial systems software package ## Release History - 4 Dec 2018 at 10:18 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/e768fc69-09cd-47d5-84e6-9b01e39da8d1 - 1 Oct 2018 at 13:52 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/4e95b838-4f63-49b6-8b81-537b0919cac3 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/e768fc69-09cd-47d5-84e6-9b01e39da8d1 4th December 2018 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/4e95b838-4f63-49b6-8b81-537b0919cac3 1st October 2018 - Opportunity notice on Contracts Finder ## Notice URLs - http://www.melton.gov.uk/council_and_democracy/selling_to_the_council.aspx ## 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-b5fd17-29517f44-7a1b-449e-878b-d36add772398. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-29517f44-7a1b-449e-878b-d36add772398.json.