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Official procurement procedure

The Provision and Maintenance of a Financial Management System

Financial analysis and accounting software package
Published value
£695,000
Submission deadline 12 Jan 2023, 14:00 GMT
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Thanet District Council: "The Provision and Maintenance of a Financial Management System". Published status: active. Published value: £695,000. 1 published lot. Recorded submission deadline: 12 Jan 2023, 14:00 GMT. See the official notice for participation instructions.
Contracting AuthorityThanet District CouncilScope & CategoriesNot publishedSubmission Window
Closed
12 Jan 2023, 14:00 GMT
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£695,000
Bidder Intelligence · Authority Profile: Thanet District Council
Market Analytics
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Derived from OCDS awards & bid statistics
Published history for Thanet District Council. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
12.1Bids / Report
10% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 10 active published awards; 10 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityThanet District Council
Procedure methodNot published
Procurement categoryNot published
Statusactive
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published28 Nov 2022, 17:37 GMT
Last source update28 Nov 2022, 17:37 GMT
Recurring procurementNo
ClassificationFinancial analysis and accounting software package
Delivery area
OCIDocds-h6vhtk-0388f0
What is being bought
Thanet District Council (TDC) is seeking to procure the implementation and ongoing support of a Financial Management System. TDC’s current system has been in place for 20 years and although workable and fully supported by the current supplier, there are enhancements to be made to comply and fit with new ways of working TDC has the desire to move systems to the cloud which meets our digital principles and wider organisational strategies. The use of Google Workspace is also a contributing factor. There is a need for the following high level improvements: New working practices such as self-serve functionality for both our staff and third party suppliers engaging with our Finance Team New ways of reporting, using customised dashboards with access to all levels of data in real time. Removing the need to manipulate data outside of the system Streamline and improve our existing processes and automate more of the functions Increased efficiencies for the Finance Team and our budget managers Increased business intelligence with the ability to easily manage and forecast accounts Improved business continuity, resilience and enabling modern working through a fully cloud and browser based system This contract opportunity is being carried out under a Restricted procurement procedure, which consists of two stages. Stage 1 is the Standard Selection Questionnaire including weighted questions, where all interested bidders are invited to participate. Submitted questionnaires will be assessed following the closing date and the Council will produce a short-list of applicants comprising the Five highest scoring bidders (where five suitable applicants can be identified). Those short-listed will be advised of the timescales and requirements of the Stage 2 procedure, which will be the Invitation to Tender (ITT) process. The Contract is anticipated to commence in June 2023, for a duration of 5 years. Important Information: All procurement documents are attached to the Notice for this two stage Restricted Procedure, and are available for suppliers to download from the Kent Business Portal (www.kentbusinessportal.org.uk). Please note, only the Standard Selection Questionnaire - Restricted Procedure - Stage 1 Pre Qualification - Financial Management System document will be required to be completed according to instructions contained, at this first stage of the process. This Stage 1 (Restricted) procurement procedure will be undertaken on the basis of a formal Standard Selection Questionnaire (SSQ). Evaluation will be on the basis of criteria and methodology as set out in the SSQ. Any clarifications or questions must be submitted via the Message area of the Kent Business Portal by no later than 14.00hrs on 23 December 2022. Completed Standard Selection Questionnaire documents must be submitted electronically via the Kent Business Portal by no later than 14.00hrs on 12 January 2023.
What changed
From the official release history
  1. Published value updated to £695,000
    28 Nov 2022, 17:37 GMT
  2. Status changed to active
    28 Nov 2022, 17:37 GMT
  3. Official notice release published
    28 Nov 2022, 17:37 GMT
  4. Submission deadline changed to 12 Jan 2023, 14:00 GMT
    28 Nov 2022, 17:37 GMT
  5. Buyer information updated
    28 Nov 2022, 17:37 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published value£695,000
    Thanet District Council (TDC) is seeking to procure the implementation and ongoing support of a Financial Management System. TDC’s current system has been in place for 20 years and although workable and fully supported by the current supplier, there are enhancements to be made to comply and fit with new ways of working TDC has the desire to move systems to the cloud which meets our digital principles and wider organisational strategies. The use of Google Workspace is also a contributing factor. There is a need for the following high level improvements: New working practices such as self-serve functionality for both our staff and third party suppliers engaging with our Finance Team New ways of reporting, using customised dashboards with access to all levels of data in real time. Removing the need to manipulate data outside of the system Streamline and improve our existing processes and automate more of the functions Increased efficiencies for the Finance Team and our budget managers Increased business intelligence with the ability to easily manage and forecast accounts Improved business continuity, resilience and enabling modern working through a fully cloud and browser based system This contract opportunity is being carried out under a Restricted procurement procedure, which consists of two stages. Stage 1 is the Standard Selection Questionnaire including weighted questions, where all interested bidders are invited to participate. Submitted questionnaires will be assessed following the closing date and the Council will produce a short-list of applicants comprising the Five highest scoring bidders (where five suitable applicants can be identified). Those short-listed will be advised of the timescales and requirements of the Stage 2 procedure, which will be the Invitation to Tender (ITT) process. The Contract is anticipated to commence in June 2023, for a duration of 5 years. Important Information: All procurement documents are attached to the Notice for this two stage Restricted Procedure, and are available for suppliers to download from the Kent Business Portal (www.kentbusinessportal.org.uk). Please note, only the Standard Selection Questionnaire - Restricted Procedure - Stage 1 Pre Qualification - Financial Management System document will be required to be completed according to instructions contained, at this first stage of the process. This Stage 1 (Restricted) procurement procedure will be undertaken on the basis of a formal Standard Selection Questionnaire (SSQ). Evaluation will be on the basis of criteria and methodology as set out in the SSQ. Any clarifications or questions must be submitted via the Message area of the Kent Business Portal by no later than 14.00hrs on 23 December 2022. Completed Standard Selection Questionnaire documents must be submitted electronically via the Kent Business Portal by no later than 14.00hrs on 12 January 2023.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    28 Nov 2022, 17:37 GMT
  2. Submission deadline
    12 Jan 2023, 14:00 GMT
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

Thanet District Council

Contracting authority GB-FTS-2509
View buyer profile
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published