2526-10-DTS-BS-JM Provision and Implementation of a Finance Solution

Sheffield Hallam UniversitycontractFind a TenderRef ocds-h6vhtk-0673bfProcurement Act 2023SME suitableactive
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Estimated value

£4.5m

services

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

25 Mar 2026

Description

We have an exciting opportunity to partner with A SINGLE SUPPLIER for the Provision & Implementation of a SaaS Based Finance Solution. This Procurement is being conducted in accordance with The Procurement Act 2023 and associated Procurement Regulations using the Competitive Flexible Procedure. This is a two-stage process therefore the top 4 highest scoring tenderers who qualify will be invited to Stage 2. The University is Refreshing its Strategy and has set out an ambitious programme of change for the future, centred around financial stability, our academic offer and our organisational agility. To support our ambitions, we have embarked on an Operational Improvement Programme (OIP) to bring some of our core processes and systems up to date, improve efficiency through standardisation, and ensure our students and staff continue to have the best possible experience. As part of this programme of change, the University is seeking to award a Contract to a Tenderer for the Provision and Implementation of a SaaS Finance Solution, to provide services to improve our staff and student experience. In line with our Enterprise Architecture Principles, we are seeking to reduce our reliance on customised systems and procure solutions we can ADOPT RATHER THAN ADAPT to meet our needs. The scope of this Contract comprises of the implementation of a Finance solution that provides a platform that streamlines financial operations into a seamless solution providing a cohesive user experience. The solution must be cloud-based, scalable, secure, and compliant with UK regulations, including Procurement Act 2023 regulations and GDPR requirements. It must support automation, enable efficient data management, and provide robust reporting and analytics capabilities. Our ambition is to award a contract by August 2026 and Go-Live by January 2028.

Scope

Reference
2526-10-DTS-BS-JM
Total value
£4,500,000 excluding VAT
£5,400,000 including VAT
Above the relevant threshold
Commercial tool
Standalone contract
Contract dates
08 Sept 2026 to 08 Sept 2031
Possible extension to 08 Sept 2036

The Contract shall operate for an initial period of five (5) years, with an option to extend for up to five (5) additional years executed as either: • 1 x 3-year extension and 1 x 2-year extension or • 2 x 2-year extensions and 1 x 1-year extension.

Main category
services
CPV classifications
48440000
72260000
Contract locations
Yorkshire and the Humber, United Kingdom
London, United Kingdom
Particular suitability
Small and medium-sized enterprises (SME)

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Functional & Non Functional RequirementsQuality 60-80% Quality: Functional/Non Functional Requirements 60% Quality: Method Statement Responses 10%quality70.00%
CommercialCommercial Requirements (Ts & Cs) 15-30%quality20.00%
PricingPricing 5-20%cost10.00%

Participation

Conditions suppliers must meet to bid.

Refer to tender document using link provided: https://in-tendhost.co.uk/sheffieldhallamuniversity/aspx/Home

Submission & procedure

Enquiry deadline
15 Apr 2026, 11:00 am
Submission address
https://in-tendhost.co.uk/sheffieldhallamuniversity/aspx/Home
Electronic submission
Yes
Procedure
Competitive flexible procedure