---
title: "Financial Management System"
ocid: "ocds-h6vhtk-02c63d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02c63d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02c63d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02c63d.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "DERBY CITY COUNCIL"
published: "2022-04-20"
---

# Financial Management System

Buyer: DERBY CITY COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-02c63d

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-02c63d.json)

## Summary

Derby City Council has initiated a tender for a Financial Management System, classified under business transaction and personal business software package. This procurement is important as it supports the Council as well as Derby Homes Limited and local schools. The procurement method is a competitive procedure with negotiation, and the contract is intended to span an initial period of five years, with the possibility of extension for up to an additional five years. Key dates include a deadline for expressions of interest by 23:59 on 9th August 2021 and a submission deadline for tenders by 10:00 on 19th August 2021.

This tender presents a significant opportunity for software development companies, particularly those specialising in financial management solutions. Businesses that can deliver comprehensive functions including budget setting, management accounts, and cash management will be well positioned to compete. With a contract value estimated at £3,320,000, successful bidders can expect a stable partnership with Derby City Council that could last up to ten years, contingent on performance and business needs.

## Notice

Derby City Council (the Council) on behalf of the Council, Derby Homes Limited (the Council's Arm's Length Management Organisation), and schools within the Derby City Council's boundaries, established a contract for a Financial Management System

### Lot Information

Lot 1

A contract for a Financial Management System which delivers the following functions: Budget setting and forecasting, Management Accounts and statement of accounts, Capital Accounting, Procurement to Pay, Accounts Receivable and Recovery, Cash Management, and Reporting. The initial contract period is 5 years, with options to extend the contract by a further period or periods of up to 5 years subject to satisfactory performance and business needs. The maximum contract period is 10 years.

Options: The initial contract period is 5 years, with options to extend the contract by a further period or periods of up to 5 years subject to satisfactory performance and business needs. The maximum contract period is 10 years.

Renewal: The contract will be replaced on expiry i.e. a replacement notice would be published in an estimated 60 to 120 months time.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/010258-2022 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Goods |
| Procurement method | Selective |
| Procurement method details | Competitive procedure with negotiation |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 20 Apr 2022 |
| Submission deadline | 19 Aug 2021 |
| Future notice date | Not specified |
| Award date | 24 Dec 2021 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £3,320,000 |
| Lots value | £3,320,000 |
| Awards value | Not specified |
| Contracts value | £3,320,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DERBY CITY COUNCIL |
| Locality | DERBY |
| Post town | Derby |
| Postcode | DE1 2FS |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF1 Derbyshire and Nottinghamshire |
| ITL 3 | TLF11 Derby |
| Local authority | Derby |
| Electoral ward | Darley |
| Westminster constituency | Derby South |
| Delivery location | TLF11 Derby |

## Supplier

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

## CPV Codes

### Divisions

- 48 - Software package and information systems
- 72 - IT services: consulting, software development, Internet and support

### Codes

- 48400000 - Business transaction and personal business software package
- 72212400 - Business transaction and personal business software development services

## Release History

- 20 Apr 2022 at 09:16 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/010258-2022
- 9 Jul 2021 at 12:03 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/016075-2021

## Notice URLs

- http://www.derby.gov.uk
- http://www.eastmidstenders.org
- https://www.eastmidstenders.org

## 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-h6vhtk-02c63d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02c63d.json.