Published date: 14 June 2017

Last edited date: 14 June 2017

This notice was replaced on 7 June 2018

This notice does not contain the most up-to-date information about this procurement. The most recent notice is:

Awarded contract (published 7 June 2018)

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Contract summary

Industry

  • Software package and information systems - 48000000

  • Added-value database services - 72321000

  • Data management services - 72322000

Location of contract

Any region

Value of contract

£5,000,000 to £13,000,000

Procurement reference

RM3827

Published date

14 June 2017

Closing date

30 June 2017

Contract start date

7 November 2017

Contract end date

6 November 2027

Contract type

Service contract

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

The DMO is an Executive Agency of Her Majesty's Treasury. The DMO's responsibilities include debt and cash management for the UK Government, lending to local authorities and managing certain public sector funds.

The DMO gives notice that it has a requirement to consolidate a number of its financial trading systems. The new solution is intended to include, but is not limited to, dealing, cash flow forecasting, loans and investment management, risk and collateral management, settlement, financial accounting, price/yield calculation and reconciliation and ancillary services.

More information

Attachments

Links

Additional text

This procurement will be made up of three distinct progressive phases. Phase 1 is a Selection Questionnaire where applicants will be evaluated on the following criteria: mandatory and discretionary exclusions, a financial risk assessment and three statements of relevant experience. Applicants who are successful will be invited to take part in Phase 2. Phase 2 is the Invitation to Submit an Outline Solution (ITSOS).

Bidders will submit an Outline Solution comprising: · Price quotation for software licence, long-term support & maintenance contract and implementation support · Implementation plan · Response to mandatory requirements · Outline description of solution for main functional areas · Availability of standard functionality to meet detailed requirements. There is an opportunity for dialogue on the Outline Solution.

Bidders who are successful will be invited to take part in Phase 3. Phase 3 is the Invitation to Submit a Final Tender (ITSFT) This phase includes a structured demonstration of each bidder's ability to meet the DMO's main business requirements, and dialogue on the proposed solution. Bidders then prepare a Final Tender stating their proposed solution and pricing for assessment by the DMO. A preferred bidder will be selected.

About the buyer

Address

Eastcheap Court
11 Philpot Lane
London
EC3M 8UD
England

Telephone

+44 3450103503

Email

expressionsofinterest@crowncommercial.gov.uk

Website

http://www.dmo.gov.uk