Official UK procurement notice
Finance System · UK public procurement notice
Authority: The City of Edinburgh Council (Local council)
What is being bought
Published requirement descriptionFinance system and associated services.
CPV: Financial systems software package
The lotProcurement structure
single lot · no lot value publishedLot #1Lothian Pension Fund is seeking a Finance System to manage purchase and sales ledgers…AwardedRenewal
Lothian Pension Fund is seeking a Finance System to manage purchase and sales ledgers and general accounts related duties. There may be options for additional functionality to be added through the life of the contract.
What 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).
Published award criteria (2)
- Quality: 75
- Price: 25
- Economic & financial standing
Tenderers are required to have a minimum “general” annual turnover of GBP200,000 for the last two financial years. Where a Tenderer does not have an annual turnover of this value, the Council may exclude the Tenderer from the competition or may apply discretion seeking supporting evidence to determine the Tenderer’s suitability to proceed in the competition.
Tenderers will be required provide the following information;
Current ratio for Current Year: 1.2
Current ratio for Prior Year: 1.2
The formula for calculating a Tenderer’s current ratio is current assets divided by current liabilities. The acceptable range for each financial ratio is greater than 1.2. Where a Tenderer’s current ratio is less than the acceptable value, the Council may exclude the Tenderer from the competition or may apply discretion seeking supporting evidence to determine the Tenderer’s suitability to proceed in the competition.
Tenderers are required to hold, or commit to obtaining prior to the commencement of any subsequently awarded contract, the types and levels of insurance indicated below:
Employers (Compulsory) Liability Insurance - GBP5,000,000
Professional Indemnity - GBP5,000,000
Minimum: Current ratio for Current Year: 1.2 Current ratio for Prior Year: 1.2 Employers (Compulsory) Liability Insurance - GBP5,000000 Professional Indemnity - GBP5,000000
- Price carries 25 of 100 points: a 10% discount moves about 2.5 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 · publisher note attached- Procedure method
- Competitive procedure with negotiation
- 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
- 25 Jan 2022, 15:44 GMT
- Last source update
- 19 Dec 2022, 16:30 GMT
- FTS notice number
2022/S 000-035901- Accelerated
The timescales of this tender stage have been reduced under the terms of paragraph 30 (7) of The Public Contracts (Scotland) Regulations 2015. Previous Prior Information Notice release on 25 January 2022 FTS/OJEU Ref: 2187-2022 (2022/S 000-002187).
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-030f24Find a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
Publisher note: (SC Ref:717357)
How it was run
Official noticeTender documents are also served through a separate tool: https://www.publiccontractsscotland.gov.uk/ ↗
- Submission deadline
- 23 Mar 2022, 14:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Participation fee
- document
- Bid validity
- 120 days from the deadline
Timeline
1 Mar 2022 → 19 Dec 2022 · 4 dates- Next notice expected1 Mar 2022
- Submission deadline23 Mar 2022, 14:00 GMT
- Invitations to tender expected29 Apr 2022, 00:00 BST
- Notice published19 Dec 2022, 16:30 GMT
Notice history
4 events · 3 releases on Find a Tender · since 8 Mar 2022- Status changed to active8 Mar 2022, 16:24 GMT
- Procurement method changed8 Mar 2022, 16:24 GMT
- Deadline published: 23 Mar 2022, 14:00 GMT8 Mar 2022, 16:24 GMT
- Status changed to complete19 Dec 2022, 16:30 GMT
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Xledger ltdSME | £242,367 † | — | Awarded |
Contracts
Contract 035901-2022-1 · Xledger ltdSME
- Signed
- 3 Nov 2022
- Value
- £242,367
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 2bids · 2 electronic · 2 from abroad | 1 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Sheriff CourtReview body
Bidders & participating suppliers
1 commercial party on the notice- Xledger ltdAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.