Find a TenderAwarded
Published 19 Nov 2021, 17:18 GMT

Official UK procurement notice

Finance Management System for David Ross Education Trust

Official notice

Authority: The David Ross Education Trust (Public body)

ServicesOpen procedureSME suitable
Published estimate£2,000,000≈ £571k / year44% below published estimate
Submissions closed 20 Dec 2021awarded 21 Mar 2022
Awarded to Solutions for Accounting Ltd.
Contract term 3 yrs 6 moends 17 Aug 2025 · extension options published · starts 18 Feb 2022

What is being bought

Published requirement description

The David Ross Education Trust (the Trust) is appointing a Supplier to supply, implement and support a Financial Management System (FMS), delivered using a software as a service (SaaS) model for use by the Trust and its Academies. The maximum contract duration will be ten and a half (10.5) years. The initial term of the Contract shall be for a period of 3.5 years with an options to extend for a further 2+3+2 years. depending on performance management/success in the delivery of the required outputs.

CPV: Financial analysis and accounting software development services · Financial analysis and accounting software package · Financial analysis software development services · Financial analysis software package · Financial management consultancy services · Financial systems software development services · Financial systems software package

The lotProcurement structure

single lot · no lot value published
Lot #1AwardedRenewal 3 yrs 6 mo
Contract period: 18 Feb 2022 – 17 Aug 2025 (3 yrs 6 mo)
Delivery: UK
Extensions: The maximum contract duration will be ten and a half (10.5) years. The initial term of the Contract shall be for a period of 3.5 years with an option of up to one 3-year extension and two further 2-year extensions, making a maximum contract duration of ten and a half (10.5) years including extensions, and in line with performance management/success in the delivery of the required outputs.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
How bids were scored
Quality: 70%Price: 30%
Published award criteria (2)
  • Quality: 70%
  • Price: 30%
What this means for your bid
  • Price carries 30 of 100 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
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
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
Yes (GPA)
Recurring procurement
Yes
First published
19 Nov 2021, 17:18 GMT
Last source update
21 Mar 2022, 11:22 GMT
Award evaluation window
20 Dec 2021 – …
Authority reference
DRET_P0002
FTS notice number
2022/S 000-007539
Classification (CPV)
Financial analysis and accounting software development servicesFinancial analysis and accounting software packageFinancial analysis software development servicesFinancial analysis software packageFinancial management consultancy servicesFinancial systems software development servicesFinancial systems software package
Delivery area
UK
Official registry OCID
ocds-h6vhtk-02f894 Find a Tender

How it was run

Official notice
Run through: In-tend · Who buys & how to bid on In-tend
Supplier login requiredLanguage: EN
Access & registration note: Free · one account per buying organisation's portal · reCAPTCHA on signup
Submission deadline
20 Dec 2021, 17:00 GMT
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bid validity
90 days from the deadline
Bids opened
20 Dec 2021, 17:01 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

20 Dec 2021 → 21 Mar 2022 · 4 dates
  1. Submission deadline
    20 Dec 2021, 17:00 GMT
  2. Bids opened
    20 Dec 2021, 17:01 GMT
  3. Contract starts
    18 Feb 2022
  4. Notice published
    21 Mar 2022, 11:22 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    21 Mar 2022, 11:22 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £1,119,5481 contract exc. VAT
Bids received 41 from SMEs
Contracts signed 1latest 21 Mar 2022
Awarded toValueDateStatus
Solutions for Accounting Ltd.SMEFinance Management System£1,119,548 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
4bids · 4 electronic · 4 from abroad1——

Contracting authority & participating public bodies

The David Ross Education Trust

Contracting authorityPublic bodyBody governed by public lawEducation 6182612 Thorpe Hill, Loughborough, UK, LE11 4SQContact name, email Published organisation website ↗

Dispute resolution & review bodies

  • Public Procurement Review ServiceReview body LondonContact email

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