---
title: "Asset Life cycle Management Tool"
ocid: "ocds-b5fd17-47f30869-b607-4d8e-8b08-b6d460c6e2b3"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-47f30869-b607-4d8e-8b08-b6d460c6e2b3"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-47f30869-b607-4d8e-8b08-b6d460c6e2b3.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-47f30869-b607-4d8e-8b08-b6d460c6e2b3.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "MANCHESTER METROPOLITAN UNIVERSITY"
published: "2020-09-16"
---

# Asset Life cycle Management Tool

Buyer: MANCHESTER METROPOLITAN UNIVERSITY  
Current stage: Award  
OCID: ocds-b5fd17-47f30869-b607-4d8e-8b08-b6d460c6e2b3

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## Summary

The public procurement process involves Manchester Metropolitan University seeking an Asset Life Cycle Management Tool, classified under industry-specific software packages. The tender, which is part of a selective procurement method through a call-off from a framework agreement, concluded on 12th June 2020. The awarded contract, valued at £109,600, commenced on 31st July 2020 and will last until 30th July 2022. The services will be delivered to addresses in the North West region of the United Kingdom.

This tender presents a significant opportunity for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) specialising in software solutions. Companies with expertise in handling large data volumes and risk management, as well as those capable of integrating with existing systems, would be well-suited to compete in providing this essential tool that assists in asset management and financial forecasting.

## Notice

The key requirements for the solution and support contract are as follows. Non-functional Requirements: The software system shall allow the efficient handling and analysis of large volumes of data; provide tools to allow the identification and management of risk resulting from the potential failure of assets; and help to efficiently generate accurate financial forecasts for budgeting and procurement purposes. The system shall be able to operate entirely stand-alone, or optionally integrate with other existing databases that may contain related asset information, such as the university's existing CAFM system, Planon, and; facilitate the continued gathering and verification of asset data in order to ensure records remain complete and accurate, avoiding the need to carry out large-scale and costly verification projects in the future.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/fb459817-8199-44c2-9b83-e72f4301e1a3 |
| 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 | 16 Sep 2020 |
| Submission deadline | 12 Jun 2020 |
| Future notice date | Not specified |
| Award date | 12 Jul 2020 |
| Contract period | 30 Jul 2020 - 30 Jul 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £109,600 |
| Lots value | Not specified |
| Awards value | £109,600 |
| 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 | MANCHESTER METROPOLITAN UNIVERSITY |
| Locality | MANCHESTER |
| Post town | Manchester |
| Postcode | M15 6BH |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD3 Greater Manchester |
| ITL 3 | TLD33 Manchester |
| Local authority | Manchester |
| Electoral ward | Hulme |
| Westminster constituency | Manchester Rusholme |
| Delivery location | TLD North West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | INVIDA |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48100000 - Industry specific software package

## Release History

- 16 Sep 2020 at 15:20 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/fb459817-8199-44c2-9b83-e72f4301e1a3

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/fb459817-8199-44c2-9b83-e72f4301e1a3
  16th September 2020 - Awarded contract notice on Contracts Finder

## 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-b5fd17-47f30869-b607-4d8e-8b08-b6d460c6e2b3. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-47f30869-b607-4d8e-8b08-b6d460c6e2b3.json.