Official UK procurement notice
FinOps solution · UK public procurement notice
Authority: Jisc (Public body)·Consortium: 2 public authorities
What is being bought
Published requirement descriptionJisc's Cloud Managed Services team was looking to procure a FinOps solution from a single provider. The successful solution will be predominately deployed by Jisc as the main user (use case (1) and (2)), however there is scope that the solution is in-directly made available to Jisc members and customers (use case (3).
CPV: Business intelligence software development services · Financial systems software package
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£20,000,000
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 sub-criteria (2)
- Technical: 60%
- Pricing: 40%
Published award criteria (2)
- Technical: Please read the ITT for full details
- Pricing: Please read the ITT for full details
- 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
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- 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
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 23 Sept 2025, 11:30 BST
- Last source update
- 29 Jan 2026, 15:05 GMT
- Award evaluation window
- Submission end – 26 Nov 2025
- Authority reference
Proc2769- FTS notice number
2025/S 000-058823- Latest notice
- Contract details notice (UK7)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-059ff6Find a Tender
How it was run
Official notice- Submission deadline
- 23 Oct 2025, 16:00 BST
- Clarification deadline
- 7 Oct 2025, 12:00 BST
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- en
Timeline
23 Sept 2025 → 29 Jan 2026 · 8 dates- Tender notice published392 days ago23 Sept 2025, 11:30 BST
- Clarification questions by378 days ago7 Oct 2025, 12:00 BST
- Submission deadline362 days ago23 Oct 2025, 16:00 BST
- Assessment summaries sent347 days ago7 Nov 2025
- Standstill ends335 days ago18 Nov 2025, 23:59 GMT
- Award decision expected by327 days ago26 Nov 2025, 23:59 GMT
- Contract starts292 days ago1 Jan 2026
- Latest notice published263 days ago29 Jan 2026, 15:05 GMT
Notice history
6 events · 3 releases on Find a Tender · since 23 Sept 2025- Tender notice published23 Sept 2025, 11:30 BSTUK4
- Contract award notice published7 Nov 2025, 11:47 GMTUK6
- Status changed to complete7 Nov 2025, 11:47 GMT
- Buyer details updated7 Nov 2025, 11:47 GMT
- Contract signature expected1 Dec 2025, 23:59 GMTscheduled
- Contract details notice published29 Jan 2026, 15:05 GMTUK7
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| IBM UNITED KINGDOM LIMITED26 Feb 2026 – 25 Feb 2028 · up to 25 Feb 2030Extensions: Two single-year extensions can be entered into following the initial two-year period, at the buyer's discretion (i.e. 2+1+1). | £20,000,000 | 7 Nov 2025 | Awarded |
Contracts
Contract 1 · IBM UNITED KINGDOM LIMITED
- Signed
- 16 Jan 2026
- Value
- £20,000,000
- Period
- 26 Feb 2026 – 25 Feb 2028 · up to 25 Feb 2030 with extensions
- Status
- active
- Extensions
- Two single-year extensions can be entered into following the initial two-year period, at the buyer's discretion (i.e. 2+1+1).
No agreed KPIs: Contract value is significantly accounted for by throughspend by Members' cloud usage, rather than expenditure by Jisc in the way of charges or fees (which will be only a much smaller percentage of that figure, and far below the £5m threshold where KPIs would be required).
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 8final-stage tenders | 3 | 1 | — |
Who bid
- wonIBM UNITED KINGDOM LIMITED · South East England
- did not winBOX3 LTDSME · Greater London
- did not winCOFORGE U.K. LIMITEDVCSE · Greater London
- did not winIOCO SOLUTIONS LIMITEDSME · East of England
- did not winKPMG LLP · Greater London
- did not winKYNDRYL UK LIMITED · Greater London
- did not winSOFTCAT PLC · South East England
- did not winVE3 GLOBAL LTDSME · Greater London
Bidders as named on the Procurement Act 2023 award notice. “Won” means the bidder holds an award on this notice.
Contracting authority & participating public bodies
2 public bodies on the noticeBidders & participating suppliers
8 commercial parties on the notice · 1 awarded- BOX3 LTDBidder / tenderer
- COFORGE U.K. LIMITEDBidder / tenderer
- IBM UNITED KINGDOM LIMITEDAwarded supplier
- IOCO SOLUTIONS LIMITEDBidder / tenderer
- KPMG LLPBidder / tenderer
- KYNDRYL UK LIMITEDBidder / tenderer
- SOFTCAT PLCBidder / tenderer
- VE3 GLOBAL LTDBidder / tenderer
Official documents & specifications (3)
Official links; attachments are not copiedNotices published for this procedure
- Contract details notice Contract details notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Tender notice Tender notice on Find a Tender