Official UK procurement notice
Core Finance & P2P System
Authority: Midland Heart (Public body)
What is being bought
Published requirement descriptionMidland Heart is seeking to engage with the market to inform the potential procurement of a modern, integrated Core Finance and Procure-to-Pay (P2P) system.
The solution will support end-to-end financial management and procurement processes, enabling improved financial control, operational efficiency, and compliance. The system is expected to replace or enhance existing legacy platforms and provide a scalable, secure, and user-friendly environment.
At a high level, the required solution should deliver:
Core Financial Management, including general ledger, accounts payable, accounts receivable, fixed assets, cash management, and financial reporting
Procure-to-Pay functionality, covering supplier onboarding, requisitioning, purchase ordering, goods receipting, invoice processing, and payments
Integrated workflows and automation, including approvals, matching (2-way/3-way), and exception handling
Robust reporting and analytics, enabling real-time visibility of financial performance, spend, and cash flow
Compliance and control features, supporting auditability, segregation of duties, and adherence to relevant financial regulations and standards
Interoperability, with the ability to integrate with existing corporate systems (e.g. HR, payroll, banking, and third-party supplier networks)
The Authority is particularly interested in understanding:
Available solution capabilities and innovation in the market
Implementation approaches and indicative timelines
Commercial models and cost drivers
Opportunities for process standardisation and best practice adoption
This pre-market engagement will help shape the Authority's requirements and procurement strategy and does not constitute a formal call for competition.
CPV: Software package and information systems
The lotProcurement structure
single lot · no lot value publishedLot #1PlannedRenewal
Pipeline intelligence · planning stage: how this market runs before the tender is published
How Midland Heart buys Software package and information systems (CPV 48), and who usually turns up
Midland Heart’s published record next to the market for the same work. Frameworks and DPS are left out: they draw different bid counts. Whole-market view: Software package and information systems (CPV 48) →
How the contest usually goes
Winner shares use published awards; bid and price charts use contested lots.
i
How often small and medium firms win.
Share of awards where the winner’s size is known.
The counts under this question show how many awards have a known supplier size.
Small firms have won here. Neither number says whether you qualify; it describes who has been winning.
i
How often local firms win similar work.
Winners with a registered address in the delivery region, out of awards with a known address.
Local means the winner is registered in the region where that award was delivered. The market figure counts awards delivered in West Midlands.
A local branch does not count if the registered address is elsewhere.
Most of this buyer’s recorded winners were registered in the region where that award was delivered.
i
How long buyers here take to decide after bids close.
Middle value in days from the bid deadline to the award date, on competitions that published both.
Only decided tenders count, so slow ones still waiting are not in.
Half of these awards have an award date within 85 days of the bid deadline.
i
How often work is awarded with no recorded rival.
Direct awards and tenders where every published lot count shows one bid.
Both shares are minimums: some awards have no bid count.
Thin markets produce this too; it is not proof of a tailored specification.
Direct awards or one recorded bid are common here. Check the route before spending time on a bid.
How many bids did past lots attract?
i
How many bids past lots received.
Each colour is a bid-count range. Only competed lots with a published count are included.
Past bids do not predict this tender.
1 bid37% / 13%
2–33% / 32%
4–617% / 34%
7+43% / 21%
How did awards compare with estimates?
i
Where winning prices landed against estimates.
Each colour shows awards below, close to or above the published estimate, one lot at a time.
Past prices are a guide, not a bid price.
Below estimate50% / 42%
Within ±2%50% / 25%
Above estimate0% / 33%
Assess each lot i
What past awards tell you about each lot.
See the forecast, this buyer’s earlier suppliers and firms with relevant wins.
No supplier is confirmed as a bidder.
i
What past awards tell you about each lot.
See the forecast, this buyer’s earlier suppliers and firms with relevant wins.
No supplier is confirmed as a bidder.
Open a lot for its forecast, this buyer’s previous supplier and possible competitors, from published award history, not a bid list
Lot #1CPV 48Published estimate£500k
This lot lists more than one class in CPV 48. The comparison uses that group.
i
How many bids this lot may attract.
The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.
Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative. The bar shows 38 past lots.
A forecast, not a list of bidders.
1 bid13%
2–332%
4–634%
7+21%
i
Where the award price may land.
The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.
No comparable awards for this lot yet.
A statistical guide from past awards, not a price to bid.
Who has supplied this buyer on similar work? i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
No earlier contract of this buyer matches this lot on the published record.
Who could compete for this lot? i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
Candidate suppliers for this notice have not been worked out yet, so this is not a verdict that nobody fits.
About this data
- Source. Official UK public procurement notices (Find a Tender), reused under the Open Government Licence v3.0. New notices arrive through the day; the figures are rebuilt nightly.
- Two views, kept apart. The authority’s own track record and the wider market for the same kind of work sit side by side and are never mixed. Where the local picture is too thin, a figure widens to a broader market and says which one it used.
- Forecasts are labelled. The price forecast and its range, possible competitors and the earlier-work matches are our estimates from past awards: not published facts, not win chances and not price advice. Official notices do not say who is bidding.
- Every figure shows what it rests on. Not every notice publishes a bid count, a value or a delivery region, so each figure carries the number of records behind it, and one built on few records is marked as such. The on a figure explains it; the counting rules are in the methodology. Spotted something wrong? Tell us.
Procedure terms & legal framework
From the official record- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Goods
- Notice status
- Planned procurement
- 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
- Unspecified in notice
- First published
- 24 Apr 2026, 09:23 BST
- Last source update
- 24 Apr 2026, 09:23 BST
- FTS notice number
2026/S 000-037380- Latest notice
- Preliminary market engagement notice (UK2)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-068a49Find a Tender
How it was run
Official notice- Submission deadline
- —
Timeline
24 Apr 2026 → 1 Apr 2027 · 4 dates- Planning notice published183 days ago24 Apr 2026, 09:23 BST
- Market engagement145 days ago31 May 2026, 23:59 BST
Midland Heart is seeking to engage with suppliers to better understand our requirements and help shape our specification and decision-making process.
To support this, we will be hosting a Supplier Engagement Day via Microsoft Teams on 1 June 2026 @ 1pm. This session will provide an opportunity for suppliers to ask questions and share input.
If you would like to attend, please email your expression of interest to [email protected]
For those unable to join the live session, a recording will be made available as part of the ITT documentation at the time of tender publication.
- Tender notice expected114 days ago1 Jul 2026, 23:59 BST
- Today24 Oct 2026
- Contract startsin 159 days1 Apr 2027, 00:00 BST
Notice history
1 event · 1 release on Find a Tender- Preliminary market engagement notice published24 Apr 2026, 09:23 BSTUK2
Commercial outcome & contract awards
Pipeline notice- Awards (0)
- No award published
- Contracts (0)
- No contract published
- Bid statistics
- No aggregate bid statistics published
Contracting authority & participating public bodies
Official documents & specifications (1)
Official links; attachments are not copiedNotices published for this procedure
- Preliminary market engagement notice Preliminary market engagement notice on Find a Tender