Tender for Financial Forecasting Solutions

Current solution relies on NUH producing forecasts in Excel using formulae on loaded actuals information.

United Kingdom-Nottingham: Software package and information systems

2020/S 007-011449

Contract notice

Services

Legal Basis:

Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses

Official name: Nottingham University Hospitals NHS Trust
Postal address: City Campus, Hucknall Road
Town: Nottingham
NUTS code: UKF14
Postal code: NG5 1PB
Country: United Kingdom
Contact person: Mark Logan
E-mail: mark.logan@nuh.nhs.uk
Telephone: +44 1159691169

Internet address(es):Main address: https://www.nuh.nhs.uk/

I.2)Information about joint procurement

I.3)Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at: https://nhs.bravosolution.co.uk

Additional information can be obtained from the abovementioned address

Tenders or requests to participate must be submitted electronically via: https://nhs.bravosolution.co.uk

Tenders or requests to participate must be submitted to the abovementioned address

Electronic communication requires the use of tools and devices that are not generally available. Unrestricted and full direct access to these tools and devices is possible, free of charge, at: https://nhs.bravosolution.co.uk

I.4)Type of the contracting authority

Body governed by public law

I.5)Main activity

Health

Section II: Object

II.1)Scope of the procurement

II.1.1)Title:

Financial Forecasting Solutions

Reference number: NUH_2019_400

II.1.2)Main CPV code

48000000

II.1.3)Type of contract

Services

II.1.4)Short description:

You are invited to submit offers for the supply of financial forecasting based for Nottingham University Hospitals NHS Trust (NUH).

Current solution relies on NUH producing forecasts in Excel using formulae on loaded actuals information. Thereafter, summarised forecasts with a higher level of aggregation of both cost centre and subjective are produced. This information is then loaded onto an access database for reporting.

These processes are seen as both time consuming and lacking automation and are vulnerable to unexpected changes and human error causing incorrect forecasts, or no forecast at all.

II.1.5)Estimated total value

II.1.6)Information about lots

This contract is divided into lots: no

II.2)Description

II.2.1)Title:

II.2.2)Additional CPV code(s)

II.2.3)Place of performance

NUTS code: UKF14

II.2.4)Description of the procurement:

You are invited to submit offers for the supply of financial forecasting based for Nottingham University Hospitals NHS Trust (NUH).

These processes are seen as both time consuming and lacking automation and are vulnerable to unexpected changes and human error causing incorrect forecasts, or no forecast at all.

II.2.5)Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.6)Estimated value

II.2.7)Duration of the contract, framework agreement or dynamic purchasing system

Duration in months: 36

This contract is subject to renewal: yes

Description of renewals:

Option to extend for a further 2 up to 12 month periods based on performance and delivering continued value for money.

II.2.10)Information about variants

Variants will be accepted: no

II.2.11)Information about options

Options: no

II.2.12)Information about electronic catalogues

II.2.13)Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: no

II.2.14)Additional information

Section III: Legal, economic, financial and technical information

III.1)Conditions for participation

III.1.1)Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers

III.1.2)Economic and financial standing

Selection criteria as stated in the procurement documents

III.1.3)Technical and professional ability

Selection criteria as stated in the procurement documents

III.1.5)Information about reserved contracts

III.2)Conditions related to the contract

III.2.1)Information about a particular profession

III.2.2)Contract performance conditions:

III.2.3)Information about staff responsible for the performance of the contract

Section IV: Procedure

IV.1)Description

IV.1.1)Type of procedure

Open procedure

IV.1.3)Information about a framework agreement or a dynamic purchasing system

IV.1.4)Information about reduction of the number of solutions or tenders during negotiation or dialogue

IV.1.6)Information about electronic auction

IV.1.8)Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: no

IV.2)Administrative information

IV.2.1)Previous publication concerning this procedure

Notice number in the OJ S: 2019/S 192-466436

IV.2.2)Time limit for receipt of tenders or requests to participate

Date: 07/02/2020

Local time: 17:00

IV.2.3)Estimated date of dispatch of invitations to tender or to participate to selected candidates

IV.2.4)Languages in which tenders or requests to participate may be submitted:

English

IV.2.6)Minimum time frame during which the tenderer must maintain the tender

IV.2.7)Conditions for opening of tenders

Date: 07/02/2020

Local time: 17:00

Section VI: Complementary information

VI.1)Information about recurrence

This is a recurrent procurement: no

VI.2)Information about electronic workflows

VI.3)Additional information:

VI.4)Procedures for review

VI.4.1)Review body

Official name: Nottingham University Hospital NHS Trust
Postal address: Nottingham City Campus, Hucknall Road
Town: Nottingham
Postal code: NG5 1PB
Country: United Kingdom

VI.4.2)Body responsible for mediation procedures

VI.4.3)Review procedure

VI.4.4)Service from which information about the review procedure may be obtained

VI.5)Date of dispatch of this notice:

08/01/2020

Tender for Financial Forecasting Solutions

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