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Published 31 May 2023, 15:06 BST

Official UK procurement notice

TEN-2324-003 - Finance System

Official notice

Authority: National Employment Savings Trust (NEST) 

ServicesOpen procedure
Sectors: IT Services & Software (72) Delivery: UK
Published estimate£900,000exc. VAT
Submissions closed 30 Jun 2023

What is being bought

Published requirement description

As Nest grows and matures as a financial services organisation, we have an increasing focus on data, and an ambition to become a data-led organization. To support this, we need a finance system that will easily integrate with Power BI, Tableau or other reporting tools to automate much of our finance reporting. This will facilitate a “single source” of the truth, remove the need for a linked spreadsheets system of financial reporting, and also offer self-service options for the business with regards to their budgeting and financial reporting requirements.

We intend to procure a finance system which has a high degree of controllable functionality for its users and which eliminates the need for any such manual processes. We require that this system has built-in preventative controls, which will facilitate enhanced accuracy of the finance data reported and reduce the manual effort currently required in preparing, checking and reviewing data and finance reports.

CPV: System and support services

The lotProcurement structure

single lot · no lot value published
Lot #1Renewal
Delivery: UK
Extensions: 2 further 1-year extensionsVariant bids: not allowed

Procedure terms & legal framework

From the official record
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
31 May 2023, 15:06 BST
Last source update
31 May 2023, 15:06 BST
Award evaluation window
30 Jun 2023 – …
Authority reference
TEN-2324-003
FTS notice number
2023/S 000-015422
Classification (CPV)
System and support services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-03d0ac Find a Tender

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
Submission deadline
30 Jun 2023, 17:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
30 Jun 2023, 17:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

31 May 2023 → 30 Jun 2023 · 3 dates
  1. Notice published
    31 May 2023, 15:06 BST
  2. Submission deadline
    30 Jun 2023, 17:00 BST
  3. Bids opened
    30 Jun 2023, 17:00 BST

Contracting authority & participating public bodies

National Employment Savings Trust (NEST) 

Contracting authorityBody governed by public lawEconomic affairs 10 South Colonnade 1st floor, London, London, E14 4PUContact email Published organisation website ↗

Dispute resolution & review bodies

  • Nest CorporationReview body London

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.