---
title: "Financial Modelling Software for Beef Farms"
ocid: "ocds-kuma6s-140053"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-kuma6s-140053"
markdown_url: "https://d3tenders.com/contract/ocds-kuma6s-140053.md"
json_url: "https://d3tenders.com/contract/ocds-kuma6s-140053.json"
source: "Sell2Wales"
current_stage: "Award"
buyer: "HYBU CIG CYMRU-MEAT PROMOTION WALES"
published: "2024-06-05"
---

# Financial Modelling Software for Beef Farms

Buyer: HYBU CIG CYMRU-MEAT PROMOTION WALES  
Current stage: Award  
OCID: ocds-kuma6s-140053

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-kuma6s-140053.json)

## Summary

The buying organisation, Hybu Cig Cymru-Meat Promotion Wales, has initiated a tender for the procurement of Financial Modelling Software for Beef Farms. This falls under the services category and aims to enhance financial and environmental gains from younger farm stock. The procurement stage is at the award phase, with the contract being signed on June 5, 2024. The location is Aberystwyth, and the key deadline for this tender was May 8, 2024.

This tender presents a business growth opportunity for software developers specializing in financial and environmental analysis for beef farms. Companies offering software development, data services, and consultancy in agriculture, business software packages, and IT services are well-suited to compete. The procurement method is open, allowing various businesses to engage in the process and potentially secure contracts with Hybu Cig Cymru-Meat Promotion Wales.

## Notice

Hybu Cig Cymru/Meat promotion Wales require software developers that can utilise existing standard off the shelf database or software and develop a bespoke package to include financial 'what-if scenario' options to analyse both financial and physical beef farm data.The principal of the project is to generate evidence of both financial and environmental gain from finishing farm stock younger.The plan is to have a piece of software that HCC can demonstrate 'what-if?' scenarios to participating farmers, by having preloaded market data; readily available from local historic livestock markets, AHDB and our very own HCC (ideally automatically uploaded using csv files). The system developed that could then run a comparison what-if budget against their own accounts, demonstrating profit margin and cash flow gain that they may achieve, had they sold the animal at 14-15months instead of the more mature 24-30months that the results in their financial accounts are based upon. This along with purchase of a replacement dairy beef calf to rear over the course of the remaining 10-15months.No more forage stocks would necessarily be needed but additional milk replacer (industry standard cost) and concentrate would be required. Therefore the system in respect of 'what-if' scenario assessment needs to account for these and all other necessary inputs. Two 12-15 month old steer/heifers emits less methane than one 24 -30 month animal. So we should also be able to demonstrate the environmental gain within this system.The database would need to store market data, farmer contact details, their operating system, beef numbers, existing feeding program, weights (if recorded) financial accounts, details of where there animals are sold and where they would buy the young livestock. EtcFrom this information, the software would need a calculating package under the what-if scenario to automatically adjust back to 14-15 months, use expected weight (if not already recorded on farm then use industry standard data) and against the market data determine the return, had the animal been sold at that time.Then to use market data again to determine cost of dairy beef calf purchase at that time, calculate the cost of rearing a second animal through to 15months and sold against market value data recorded for that corresponding date. The system could also use data from the accounts to work up a historic cash flow to demonstrate the position their bank balance could've been.There are expected to be more variables that would need to be included but these will be determined as the software is being developed.An outline of the process being executed is included within this ITT.Please contact Russ Thomas if more information is needed.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Sell2Wales |
| Latest notice | https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=140053 |
| Notice type | S2W Notice - Website Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Jun 2024 |
| Submission deadline | 1 May 2024 |
| Future notice date | Not specified |
| Award date | 5 Jun 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 | Not specified |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | HYBU CIG CYMRU-MEAT PROMOTION WALES |
| Locality | ABERYSTWYTH |
| Post town | Shrewsbury |
| Postcode | SY23 3FF |
| Country | Wales |
| ITL 1 | TLL Wales |
| ITL 2 | TLL4 Mid and South West Wales |
| ITL 3 | TLL41 Mid Wales |
| Local authority | Ceredigion |
| Electoral ward | Llanfarian |
| Westminster constituency | Ceredigion Preseli |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | VEELOGIC SOFTWARE SOLUTIONS |

## CPV Codes

### Divisions

- 03 - Agricultural, farming, fishing, forestry and related products
- 48 - Software package and information systems
- 72 - IT services: consulting, software development, Internet and support

### Codes

- 03000000 - Agricultural, farming, fishing, forestry and related products
- 48400000 - Business transaction and personal business software package
- 48600000 - Database and operating software package
- 72000000 - IT services: consulting, software development, Internet and support
- 72200000 - Software programming and consultancy services
- 72300000 - Data services

## Release History

- 5 Jun 2024 at 14:34 - Award - S2W Notice - Website Contract Award Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=140053
- 8 Apr 2024 at 14:34 - Tender - S2W Notice - Website Invitation to Tender Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=140053

## Documents

- https://www.sell2wales.gov.wales/Notice/Download/DocumentDownload.aspx?id=APR473884&idx=1
  8th April 2024 - Process and Variable Outline

## Notice URLs

- http://hccmpw.org.uk
- https://www.sell2wales.gov.wales

## 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-kuma6s-140053. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-kuma6s-140053.json.