Official UK procurement notice
Centralised Financial Budget Support Software System
Authority: New City College (Education)
Sectors: Software Packages & ERP (48) Delivery: London (UKI)
Awarded value£200,000published contract · exc. VAT
Submissions closed 16 Jan 2023awarded 1 Mar 2023
Awarded to Verostone Limited
What is being bought
Published requirement descriptionCentralised Financial Budget Support Software System
CPV: Accounting software package · Financial analysis software package · Financial systems software package
The lotProcurement structure
single lot · no lot value publishedWhat it takes to wini
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 morei
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).
How bids were scored
Published sub-criteria (2)
- Qualitative: 60%
- price: 40%
Published award criteria (2)
- Qualitative: 60.00%
- Price: 40.00%
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
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Goods
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 12 Dec 2022, 13:10 GMT
- Last source update
- 1 Mar 2023, 12:39 GMT
- Award evaluation window
- 16 Jan 2023 – …
- Authority reference
CA11513 - 2022_57- FTS notice number
2023/S 000-005994- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-038ca2Find a Tender
Contract terms
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
How it was run
Official noticeRun through: MultiQuote · Who buys & how to bid on MultiQuote
Access & registration note: Free
- Submission deadline
- 16 Jan 2023, 12:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bids opened
- 16 Jan 2023, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release
Timeline
16 Jan 2023 → 1 Mar 2023 · 3 dates- Submission deadline16 Jan 2023, 12:00 GMT
- Bids opened16 Jan 2023, 12:00 GMT
- Notice published1 Mar 2023, 12:39 GMT
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete1 Mar 2023, 12:39 GMT
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value £200,0001 contract exc. VAT
Bids received 5
Contracts signed 1latest 1 Mar 2023
| Awarded to | Value | Date | Status |
|---|---|---|---|
| Verostone Limited | £200,000 † | — | Awarded |
Contracts
Centralised Financial Budget Support Software System · Verostone Limited
- Signed
- 1 Mar 2023
- Value
- £200,000
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 5bids | — | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- NCCMediation bodyReview bodyReview contact point
Bidders & participating suppliers
1 commercial party on the notice- Verostone LimitedAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria