Find a TenderAwarded
Published 21 Jun 2024, 12:45 BST

Official UK procurement notice

Provision of a Financial Management System

Official notice

Authority: Runnymede Borough Council (Local council)

GoodsRestricted procedureSME suitable
Published estimate£2,000,000≈ £133k / year18.3% below published estimate
Submissions closed 22 Jul 2024awarded 3 Dec 2024
Awarded to Technology One UK Limited
Contract term 15 yrsends 24 Nov 2039 · extension options published · starts 25 Nov 2024

What is being bought

Published requirement description

This Selection Questionnaire (SQ) is to assist the council in identifying which suppliers to invite to tender for the provision of a Financial Management System.The council is tendering for a high performing, quality Financial Management System to include support and maintenance for an initial term of ten years with the option to extend for a further 5 x 12-month periods.

CPV: Financial analysis and accounting software package · Financial analysis software package · Financial information systems · Financial systems software package

The lotProcurement structure

single lot · value published
Lot #1The council is tendering to replace its existing Financial Management System, Total…AwardedRenewal 15 yrsPublished value£2,000,000

The council is tendering to replace its existing Financial Management System, Total Finance, in place since 2003. Total Finance contains the integrated General Ledger, Budgeting module, Cashbook, Creditors Ledger, Debtors Ledger, and Purchase Ordering P2P (Purchase to Pay) system

Contract period: 25 Nov 2024 – 24 Nov 2039 (15 yrs)
Delivery: South East · Runnymede Civic Centre
Extensions: N/AVariant 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
How bids were scored
Quality: 60%Price: 40%
Published award criteria (2)
  • Quality: 60
  • Price: 40
Conditions of participation1
  • Suitability

    As stated in the documents

What this means for your bid
  • 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
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
Yes
First published
21 Jun 2024, 12:45 BST
Last source update
3 Dec 2024, 12:38 GMT
Authority reference
RMBC - 037825
FTS notice number
2024/S 000-038898
Classification (CPV)
Financial analysis and accounting software packageFinancial analysis software packageFinancial information systemsFinancial systems software package
Delivery area
South East (UKJ25)
Official registry OCID
ocds-h6vhtk-0471d8 Find a Tender

How it was run

Official notice
Submission deadline
22 Jul 2024, 12:00 BST
Submission channel
{"written"}
Accepted languages
en

Timeline

22 Jul 2024 → 3 Dec 2024 · 3 dates
  1. Submission deadline
    22 Jul 2024, 12:00 BST
  2. Contract starts
    25 Nov 2024
  3. Notice published
    3 Dec 2024, 12:38 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    3 Dec 2024, 12:38 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £1,634,1961 contract exc. VAT
Bids received 44 from SMEs
Contracts signed 1latest 3 Dec 2024
Awarded toValueDateStatus
Technology One UK LimitedSME£1,634,196 †—Awarded

Contracts

  • Contract 038898-2024-TBC-1 · Technology One UK LimitedSME

    Signed
    3 Dec 2024
    Value
    £1,634,196
    Period
    … – 24 Nov 2039
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
4bids · 4 electronic4——

Contracting authority & participating public bodies

Runnymede Borough Council

Contracting authorityLocal CouncilRegional or local authorityEconomic affairs Civic Centre, Station Road, Addlestone, UK, KT15 2AHContact name, email Published organisation website ↗

Dispute resolution & review bodies

  • Royal Court of JusticeReview body London

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

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