Find a TenderClosed
Published 2 Mar 2023, 15:57 GMT

Official UK procurement notice

HMCTS Financial Transaction Processing (Middle Office) Service

Official notice

Authority: Ministry of Justice (Central government)

ServicesOpen procedure
Published estimate£31,358,000exc. VAT · 1 value update
Submissions closed 20 Sept 2024
Next notice expected 3 Jul 2023

What is being bought

Published requirement description

The Authority publishes this Notice of an Amendment, in relation to the published value of the Contract, to be made in pursuance of the original Notice 2024/S 000-023841 published in OJEU on the 30th July 2024 [and subsequent Notice Reference: 2024/S 000-028993 extending the tender until 20th September 2024].

The original Notice, and subsequent Notice, outlined the value of the Initial Term, including implementation, but did not outline the value of the Extension Periods. This detail was included in the Invitation to Tender (ITT). This Notice of Amendment confirms the full value, including Initial Term, implementation period and, additionally if required, the Extension Periods, is estimated not to exceed £63,624,000. All other details relating to this procurement remain unchanged.

As stated in the ITT at paragraphs 1.11 and 1.12 the estimated total value of the Contract over the Initial Term including implementation and additionally if required, the extension periods is estimated not to exceed £63,624,000. which includes the estimated costs of the services to be provided by the successful tenderer including those provided during the Implementation Period. The actual value of the Contract will depend on several influencing factors including the prices tendered by the successful tenderer, future transaction volumes and whether the Authority exercises its rights to extend.

CPV: Financial analysis and accounting software development services · Financial analysis and accounting software package · Financial and insurance services · Financial transaction processing and clearing-house services · Platform interconnectivity software package · Software package and information systems

The lotProcurement structure

single lot · no lot value published
Lot #1Add in same details as aboveRenewal
Delivery: UK
Extensions: The Initial Term of the proposed Contract will be 5 years with the option for the Authority to extend for two (2) further periods each of two (2) years in duration, up to a maximum extension period of four (4) years in aggregate. · The Initial Term of the proposed Contract will be 5 years with the option for the Authority to extend for two (2) further periods each of two (2) years in duration, up to a maximum extension period of four (4) years in aggregate.Variant bids: not allowed

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
Conditions of participation1
  • Suitability

    As stated in the procurement documents.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Closed
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
2 Mar 2023, 15:57 GMT
Last source update
8 Apr 2025, 11:44 BST
Award evaluation window
10 Sept 2024 – …
FTS notice number
2025/S 000-013605
Classification (CPV)
Financial analysis and accounting software development servicesFinancial analysis and accounting software packageFinancial and insurance servicesFinancial transaction processing and clearing-house servicesPlatform interconnectivity software packageSoftware package and information systems
Delivery area
UK
Official registry OCID
ocds-h6vhtk-03adba Find a Tender
Contract terms
Performance terms

As stated in the procurement documents.

Publisher note: Please register your interest at https://ministryofjusticecommercial.bravosolution.co.uk Ref PQQ_336

How it was run

Official notice
Run through: Jaggaer · Who buys & how to bid on JAGGAER
Supplier login requiredLanguage: EN
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail

Tender documents are also served through a separate tool: https://ministryofjusticecommercial.bravosolution.co.uk ↗

Submission deadline
20 Sept 2024
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
10 Sept 2024, 16:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

3 Jul 2023 → 15 Aug 2025 · 5 dates
  1. Next notice expected
    3 Jul 2023, 00:00 BST
  2. Bids opened
    10 Sept 2024, 16:00 BST
  3. Submission deadline
    20 Sept 2024
  4. Notice published
    8 Apr 2025, 11:44 BST
  5. Bids must remain valid until
    15 Aug 2025, 23:59 BST

Notice history

5 events · 4 releases on Find a Tender · since 30 Jul 2024
  1. Published value published: £31,358,000
    30 Jul 2024, 17:42 BST
  2. Status changed to active
    30 Jul 2024, 17:42 BST
  3. Procurement method changed
    30 Jul 2024, 17:42 BST
  4. Deadline published: 10 Sept 2024
    30 Jul 2024, 17:42 BST
  5. Deadline moved to 20 Sept 2024
    10 Sept 2024, 16:08 BST
    +10 days · was 10 Sept 2024
Published amendments (1 · 0 deadline changes)
WhenWhatBeforeAfterShift
—TextII.1.5II.1.5) Estimated total value Value excluding VAT: £31,358,000II.1.5) Estimated total value Value excluding VAT:£63,624,000
—TextII.1.4This Notice is issued by the Lord Chancellor acting as part of the Crown (the "Authority"). This service will be provided for the benefit of, and managed by, His Majesty's Courts and Tribunals Service (HMCTS) an executive agency of the Authority. The FTP middle office provides a range of data handling, processing, banking, and Management Information (MI) related services to support court services.…This Notice is issued by the Lord Chancellor acting as part of the Crown (the "Authority"). This service will be provided for the benefit of, and managed by, His Majesty's Courts and Tribunals Service (HMCTS) an executive agency of the Authority. The FTP middle office provides a range of data handling, processing, banking, and Management Information (MI) related services to support court services.…

1 amendment published without a description.

Routine re-releases (4)
  • 2023-03: 1 release · 2 Mar 2023

Contracting authority & participating public bodies

Ministry of Justice

Contracting authorityCentral GovernmentMinistry or any other national or federal authority, including their regional or local subdivisionsPublic order and safety 102 Petty France, London, UK, SW1H 9AJContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • The High Court of England and Wales Royal Courts of JusticeReview body London

Official documents & specifications (4)

Official links; attachments are not copied

Tender pack and attachments

  • Technical selection criteriatenderTechnical selection criteria
  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria
  • Economic and financial selection criteriatenderEconomic and financial selection criteria