--- title: "R5963 Corporate Finance System" ocid: "ocds-h6vhtk-042c79" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-042c79" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-042c79.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-042c79.json" source: "Find A Tender Service" current_stage: "Award" buyer: "TOWER HAMLETS" published: "2024-01-11" --- # R5963 Corporate Finance System Buyer: TOWER HAMLETS Current stage: Award OCID: ocds-h6vhtk-042c79 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-042c79) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-042c79.json) ## Summary The London Borough of Tower Hamlets has completed a procurement process for the corporate finance system known as R5963. The services fall under the main procurement category of services, specifically programming services of packaged software products. The contract was awarded to Unit 4 Business Software Limited for a term of 3 years. The procurement method used was an award procedure without prior publication of a call for competition due to extreme urgency reasons. Tower Hamlets will be the contracting authority for this contract. This tender presents an opportunity for businesses providing IT services and software products to compete for a significant contract in the finance sector. As the system is crucial for budget allocation and financial management within the council, businesses with expertise in providing similar finance-focused IT solutions would be well-suited to pursue this opportunity. The contract value is £797,139 in GBP and has already been signed in December 2023. Interested businesses should align their proposals with the criticality of the services provided by the corporate finance system to Tower Hamlets. ## Notice The Mayor and Burgesses of the London Borough of Tower Hamlets intend to enter into a contract with Unit4 in respect of the services described below. The proposed contract is term 3 years. The Agresso (Business World Enterprise Resource Planning) application is the system used by the entire council for the management of its finances. The application is essential IT infrastructure as it provides accounting functionality which enables budget allocation and management across the whole council. ### Lot Information Lot 1 The Agresso (Business World Enterprise Resource Planning) application is the system used by the entire council for the management of its finances. The application is essential IT infrastructure as it provides accounting functionality which enables budget allocation and management across the whole council. The firm also provides support and maintenance under this contract. In addition Agresso will also be hosted by Unit 4. ### Procurement Information This award is lawful in accordance with the regulation 32(2)(b)(ii) because the competition is absent for technical reasons. The council has used the Agresso application for a number of years, and the system is an essential part of the council's IT infrastructure such that any down time or system failure would have a detrimental affect on the running of the council's services. At the present time it would be impossible for the council to procure an alternative economic operator to provide this service. This is because, the council has embarked on a wider assessment of its infrastructural IT provision - with respect to Finance, HR and Procurement. Therefore it is key that stability of provision is ensured over the next few years to allow proper consideration of the above mentioned aspects. No other economic provider would be able to provide this service at this time. The application is currently hosted by an external third party; this arrangement is drawing to a conclusion. It will not be possible for the application and the data to be hosted by a third party in the future due to the availability of support for third party hosting ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/001003-2024 | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Limited | | Procurement method details | Award procedure without prior publication of a call for competition | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 11 Jan 2024 | | Submission deadline | Not specified | | Future notice date | Not specified | | Award date | 28 Dec 2023 | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | £797,139 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Cancelled | | Awards status | Active | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | TOWER HAMLETS | | Locality | LONDON | | Post town | East London | | Postcode | E14 2BG | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI4 Inner London - East | | ITL 3 | TLI42 Tower Hamlets | | Local authority | Tower Hamlets | | Electoral ward | Poplar | | Westminster constituency | Poplar and Limehouse | | Delivery location | TLI4 Inner London - East | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | UNIT 4 BUSINESS SOFTWARE | ## CPV Codes ### Divisions - 72 - IT services: consulting, software development, Internet and support ### Codes - 72210000 - Programming services of packaged software products ## Release History - 11 Jan 2024 at 15:59 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/001003-2024 ## Notice URLs - http://www.towerhamlets.gov.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-042c79. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-042c79.json.