---
title: "New Finance system"
ocid: "ocds-b5fd17-96c943de-1d91-454e-92f2-c168ae6a2c9d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-96c943de-1d91-454e-92f2-c168ae6a2c9d"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-96c943de-1d91-454e-92f2-c168ae6a2c9d.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-96c943de-1d91-454e-92f2-c168ae6a2c9d.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "SCIENCE MUSEUM GROUP"
published: "2018-02-20"
---

# New Finance system

Buyer: SCIENCE MUSEUM GROUP  
Current stage: Award  
OCID: ocds-b5fd17-96c943de-1d91-454e-92f2-c168ae6a2c9d

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## Summary

The Science Museum Group has awarded a contract for a new finance system to Technology One UK Limited. This procurement, valued at £554,383, was classified under the CPV descriptor for financial analysis and accounting software packages. The procurement method used was selective, involving a call-off from a framework agreement. The contract period runs from 30 January 2018 to 29 January 2020, after a tender period that ended on 15 September 2017. The location for delivery includes various regions such as the United Kingdom, British Overseas Territories, and Europe.

This tender represents a significant opportunity for businesses, particularly small and medium-sized enterprises (SMEs), to engage in the delivery of software services within the financial sector. Companies specialising in SaaS solutions or financial software development would find this an appropriate tender to consider, especially those who can demonstrate innovative capabilities and adhere to the contract's delivery requirements. The selective procurement process also opens pathways for SMEs to compete effectively in a structured market environment.

## Notice

Award notice for procurement of a new Finance system on a SaaS basis.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/32721337-3240-452e-88d1-8da5ff4166fb |
| 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 |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 20 Feb 2018 |
| Submission deadline | 15 Sep 2017 |
| Future notice date | Not specified |
| Award date | 23 Jan 2018 |
| Contract period | 30 Jan 2018 - 29 Jan 2020 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £554,383 |
| Lots value | Not specified |
| Awards value | £554,383 |
| 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 | SCIENCE MUSEUM GROUP |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW7 2DD |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI33 Kensington & Chelsea and Hammersmith & Fulham |
| Local authority | Kensington and Chelsea |
| Electoral ward | Brompton & Hans Town |
| Westminster constituency | Kensington and Bayswater |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | TECHNOLOGY ONE |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48440000 - Financial analysis and accounting software package

## Release History

- 20 Feb 2018 at 15:43 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/32721337-3240-452e-88d1-8da5ff4166fb

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/32721337-3240-452e-88d1-8da5ff4166fb
  20th February 2018 - 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-b5fd17-96c943de-1d91-454e-92f2-c168ae6a2c9d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-96c943de-1d91-454e-92f2-c168ae6a2c9d.json.