---
title: "Provision of The Transparent Approach to Costing (TRAC) Solution"
ocid: "ocds-r6ebe6-0000767863"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000767863"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000767863.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000767863.json"
source: "Public Contracts Scotland"
current_stage: "Planning"
buyer: "ABERTAY UNIVERSITY"
published: "2024-05-29"
---

# Provision of The Transparent Approach to Costing (TRAC) Solution

Buyer: ABERTAY UNIVERSITY  
Current stage: Planning  
OCID: ocds-r6ebe6-0000767863

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000767863.json)

## Summary

Abertay University, a public buyer based in Dundee, UK, has initiated a tender process for the Provision of The Transparent Approach to Costing (TRAC) Solution in the education sector. The procurement stage is currently at the planning phase, with a value of £46,000 GBP. The deadline for future notice registration is set for June 28, 2024.

This opportunity presented by Abertay University's tender for the TRAC Solution opens avenues for service providers in the education sector focusing on financial management solutions. Businesses offering TRAC compliance services, governance, cost allocation, and analytical tools would be well-suited to compete for this contract. The procurement process aims to enhance the university's financial transparency and operational efficiency, providing a platform for vendors to contribute significantly to Abertay's institutional objectives.

## Notice

Abertay University have now reached the threshold where they must report to the Scottish Funding Council (SFC) for The Transparent Approach to Costing (TRAC). The University requires to move from TRAC dispensation to TRAC compliance, ensuring Abertay has a TRAC compliant model including Governance, Income & Cost Allocation and Cost Centre Analysis.

### Lot Information

Lot 1

Abertay University is seeking to implement a TRAC solution that ensures full compliance with TRAC requirements and provides timely updates for changes in TRAC regulations. Additionally, we are looking for a solution that offers enhanced reporting capabilities for internal operational and strategic planning. Our goal is to find a system that delivers significant value beyond TRAC compliance, supporting our broader institutional objectives and overall efficiency and decision-making processes.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY506211 |
| Notice type | PCS Notice - Website Prior Information Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Planning |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 29 May 2024 |
| Submission deadline | Not specified |
| Future notice date | 28 Jun 2024 |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £46,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Planned |
| Lots status | Planned |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | ABERTAY UNIVERSITY |
| Locality | DUNDEE |
| Post town | Dundee |
| Postcode | DD1 1HG |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM0 Eastern Scotland |
| ITL 3 | TLM03 Angus and Dundee City |
| Local authority | Dundee City |
| Electoral ward | Maryfield |
| Westminster constituency | Dundee Central |
| Delivery location | TLM71 Angus and Dundee City |

## CPV Codes

### Divisions

- 72 - IT services: consulting, software development, Internet and support

### Codes

- 72212170 - Compliance software development services
- 72260000 - Software-related services

## Release History

- 29 May 2024 at 00:00 - Planning - PCS Notice - Website Prior Information Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY506211

## Documents

- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY506211&idx=1
  29th May 2024 - Provision of The Transparent Approach to Costing (TRAC) Solution - Capability Assessment
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY506211
  Provision of The Transparent Approach to Costing (TRAC) Solution - Abertay University have now reached the threshold where they must report to the Scottish Funding Council (SFC) for The Transparent Approach to Costing (TRAC). The University requires to move from TRAC dispensation to TRAC compliance, ensuring Abertay has a TRAC compliant model including Governance, Income & Cost Allocation and Cost Centre Analysis.

## Notice URLs

- http://
- http://www.abertay.ac.uk
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000767863
- https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=767863

## 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-r6ebe6-0000767863. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000767863.json.