---
title: "NEX22/62 Asset Management System"
ocid: "ocds-h6vhtk-0410a9"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0410a9"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0410a9.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0410a9.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NEXUS"
published: "2024-04-25"
---

# NEX22/62 Asset Management System

Buyer: NEXUS  
Current stage: Award  
OCID: ocds-h6vhtk-0410a9

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0410a9)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0410a9.json)

## Summary

The Nexus organisation is seeking to procure an Asset Management System under a selective tender process. The title of the procurement is "NEX22/62 Asset Management System" within the IT services category. The procurement, based in Newcastle upon Tyne, aims to replace the current system with cloud-based technology, maintenance support, and upgrades over a 5-year contract period. The procurement is in the award stage, with the contract awarded to IFS Ultimo Limited on 23rd April 2024. The system is expected to be fully implemented by 30th May 2025.

This tender for the Asset Management System by Nexus presents growth opportunities for businesses in the consulting, software development, and IT services sector. Companies offering real-time cloud solutions and maintenance support are well-suited to compete. The procurement process involves a selective tender method, providing a structured platform for eligible suppliers to win contracts. Interested parties should focus on meeting the specified criteria, including cost considerations, to enhance their competitiveness in securing this long-term contract with Nexus.

## Notice

Nexus is looking to procure a cloud, real time, asset management system with maintenance support provision and associated upgrades for a period of 5 years. This will replace its existing system Maximo v7. Nexus requires the Asset Management System to be fully tested and successfully implemented with go-live no later than 30/5/25.

### Lot Information

Lot 1

Nexus is looking to procure a cloud, real time, asset management system with maintenance support provision and associated upgrades for a period of 5 years. This will replace its existing system Maximo v7. Nexus requires the Asset Management System to be fully tested and successfully implemented with go-live no later than 30/5/25.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/013380-2024 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Apr 2024 |
| Submission deadline | 30 Nov 2023 |
| Future notice date | Not specified |
| Award date | 22 Apr 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NEXUS |
| Locality | NEWCASTLE UPON TYNE |
| Post town | Newcastle upon Tyne |
| Postcode | NE1 4AX |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | Newcastle upon Tyne |
| Electoral ward | Monument |
| Westminster constituency | Newcastle upon Tyne Central and West |
| Delivery location | TLC North East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | IFS ULTIMO |

## CPV Codes

### Divisions

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

### Codes

- 48000000 - Software package and information systems
- 72000000 - IT services: consulting, software development, Internet and support

## Release History

- 25 Apr 2024 at 08:42 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/013380-2024
- 31 Oct 2023 at 15:51 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/032188-2023

## Notice URLs

- https://www.nepo.org
- https://www.nexus.org.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-h6vhtk-0410a9. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0410a9.json.