Find a TenderAwardedContract award notice
Published 26 Mar 2025, 09:06 GMT

Official UK procurement notice

237 - Coleg Gwent Finance System Tender

Official notice

Authority: Coleg Gwent (Public body)

GoodsCompetitive flexible procedureAbove thresholdSME suitableAccelerated
Published estimate£700,000≈ £142k / year · £840,000 inc. VAT
Submissions closed 7 Apr 2025awarded 24 Jul 2025
Award (standstill) to IPLICIT LIMITED
Contract term 4 yrs 11 moends 1 Jan 2031 · up to 1 Jan 2033 with extensions · starts 31 Jan 2026

What is being bought

Published requirement description

Please find the award notice for 237 - Coleg Gwent Finance System Tender, as documents set out in Bravo etendering portal for a new finance system to cover Coleg Gwent's campuses going forward.

  • The authority expects to re-tender this requirement around 31 Jan 2033, 23:59 GMT.
  • How the procedure runs: There are 2 stages to the Tender, a shortlisting criteria stage , and then a final award criteria stage, as documented in the specification document.
  • No preliminary market engagement: There is a need for Coleg Gwent to get the tender out to the market due to expiration of the current tender

CPV: Programming services of packaged software products · Software package and information systems

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewal 4 yrs 11 moSMEPublished value£700,000
Contract period: 31 Jan 2026 – 1 Jan 2031 (4 yrs 11 mo) · up to 1 Jan 2033 with extensionsValue: £700,000 exc. VAT · £840,000 inc. VAT
Delivery: WalesEligibility: SME eligible
Extensions: 2x 1+ 1 yrs
Pre-qualification & selection criteria (PQQ)2
  • Economic & financial standing

    Please see tender documentation

  • Technical & professional ability

    Please see tender documentation

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 60%Price: 40%
Published award criteria (2)
  • Quality: As set out in the specification
  • Price: Price of the contract
Conditions of participation2
  • Economic & financial standing

    Please see tender documentation

  • Technical & professional ability

    Please see tender documentation

What this means for your bid
  • Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Competitive flexible procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Goods
Notice status
Awarded
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Yes · next expected 31 Jan 2033
First published
26 Mar 2025, 09:06 GMT
Last source update
28 Jul 2025, 10:37 BST
Award evaluation window
Submission end – 1 Jul 2025
Authority reference
237
FTS notice number
2025/S 000-011244
Accelerated
State of urgency
Latest notice
Contract award notice (UK6)
Classification (CPV)
Programming services of packaged software productsSoftware package and information systems
Delivery area
Wales (UKL16)
Official registry OCID
ocds-h6vhtk-04f8bb Find a Tender
Contract terms summary

as per tender documentation

How it runs

There are 2 stages to the Tender, a shortlisting criteria stage , and then a final award criteria stage, as documented in the specification document.

Review and risk notes
Risks

as per tender documentation

How it was run

Official notice
Run through: Jaggaer · Who buys & how to bid on Sell2Wales
Supplier login requiredElectronic submission allowedLanguage: EN, CY
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail
Submission deadline
7 Apr 2025, 10:00 BST
Clarification deadline
3 Apr 2025, 14:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en, cy
Detailed submission instructions & authority contactsFrom official release

etenderwales.bravosolution.co.uk/web/login.shtml ↗

Specification documents are also listed on this site, as is the message board for clarification questions

Timeline

26 Mar 2025 → 31 Jan 2026 · 8 dates
  1. Tender notice published
    26 Mar 2025, 09:06 GMT
  2. Clarification questions by
    3 Apr 2025, 14:00 BST
  3. Submission deadline
    7 Apr 2025, 10:00 BST
  4. Award decision expected by
    1 Jul 2025, 23:59 BST
  5. Assessment summaries sent
    24 Jul 2025, 00:00 BST
  6. Latest notice published
    28 Jul 2025, 10:37 BST
  7. Standstill ends
    7 Aug 2025, 23:59 BST
  8. Contract starts264 days ago
    31 Jan 2026

Notice history

4 events · 2 releases on Find a Tender · since 26 Mar 2025
  1. Tender notice published
    26 Mar 2025, 09:06 GMT
    UK4
  2. Contract award notice published
    28 Jul 2025, 10:37 BST
    UK6
  3. Status changed to complete
    28 Jul 2025, 10:37 BST
  4. Contract signature expected
    29 Aug 2025, 23:59 BST
    scheduled

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £243,0231 award exc. VAT
Bids received 3
Awarded toValueDateStatus
IPLICIT LIMITEDSME237 - finance system tender2 Feb 2026 – 1 Feb 2031 · up to 1 Feb 2033Extensions: 1+1£243,02324 Jul 2025standstill to 7 Aug 2025Standstill

Bid statistics published by the authority

BidsSMEVCSEValid bid range
3final-stage tenders00—

Contracting authority & participating public bodies

Coleg Gwent

Contracting authorityPublic authority - sub-central governmentWelsh devolved regulations apply GB-PPON: PCYD-2928-WVNW Headquarters, Usk, Wales, NP15 1XJContact name, email, phone

Bidders & participating suppliers

1 commercial party on the notice
  • Iplicit limitedAwarded supplierGB-PPON: PVDM-5962-ZZWY 124 city road, London, London, EC1V 2NXContact email

Official documents & specifications (2)

Official links; attachments are not copied

Notices published for this procedure

  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender