2526-10-DTS-BS-JM Provision and Implementation of a Finance Solution
Estimated value
£4.5m
Awarded value
—
Suppliers
0
Lots
1
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 VATAbove the relevant threshold
- Commercial tool
- Standalone contract
- Contract dates
- 08 Sept 2026 to 08 Sept 2031Possible 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
- 4844000072260000
- Contract locations
- Yorkshire and the Humber, United KingdomLondon, United Kingdom
- Particular suitability
- Small and medium-sized enterprises (SME)
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Functional & Non Functional Requirements | Quality 60-80% Quality: Functional/Non Functional Requirements 60% Quality: Method Statement Responses 10% | quality | 70.00% |
| Commercial | Commercial Requirements (Ts & Cs) 15-30% | quality | 20.00% |
| Pricing | Pricing 5-20% | cost | 10.00% |
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