Official UK procurement notice
ITT for a Finance System for the Royal Academy of Music
Authority: Royal Academy of Music·Consortium: 2 public authorities
What is being bought
Published requirement descriptionThe Academy requires a finance system to manage which needs to meet a range of requirements to support the financial management and reporting needs of the Academy.
CPV: Financial information systems · Financial systems software package
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£200,000
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 (5)
- Experience: 10%
- Project Management: 5%
- Implementation Process: 15%
- Technical Requirements: 35%
- price: 30%
Published award criteria (5)
- Experience: 10
- Project Management: 5
- Implementation Process: 15
- Technical Requirements: 35
- Price: 30
- Price carries 30 of 95 points: a 10% discount moves about 3 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
- Restricted 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
- Unspecified in notice
- Recurring procurement
- No (one-off requirement)
- First published
- 15 Mar 2023, 08:24 GMT
- Last source update
- 17 Oct 2023, 10:06 BST
- Authority reference
EP188- FTS notice number
2023/S 000-030558- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03b2e5Find a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
How it was run
Official notice- Submission deadline
- 29 Mar 2023, 17:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
Timeline
29 Mar 2023 → 17 Oct 2023 · 3 dates- Submission deadline29 Mar 2023, 17:00 BST
- Bids must remain valid until31 Mar 2023, 23:59 BST
- Notice published17 Oct 2023, 10:06 BST
Notice history
2 events · 3 releases on Find a Tender · since 17 Oct 2023- Status changed to complete17 Oct 2023, 10:06 BST
- Buyer details updated17 Oct 2023, 10:06 BST
Published amendments (1)
Please note the new deadlines: SQ Deadline: 06/04/2023 17:00 hours ITT Stage: 19/04/2023 17:00 hours Award early May 2023
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Embridge Consulting LimitedSME | — | — | Awarded |
Contracts
ITT for a Finance System for the Royal Academy of Music · Embridge Consulting LimitedSME
- Signed
- 1 Aug 2023
- Value
- —
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 4bids · 4 electronic | — | — | £151,185 – £423,201 |
Contracting authority & participating public bodies
2 public bodies on the noticeConsortium members and other public bodies
- London Universities Purchasing ConsortiumContracting authorityBody governed by public lawEducation
Dispute resolution & review bodies
- Royal Courts of JusticeReview body
Bidders & participating suppliers
1 commercial party on the notice- Embridge Consulting LimitedAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria