Public procurement notice: Contract Notice
Published: 2017-06-02
Buyer: The Lords Commissioners of Her Majesty's Treasury acting through the United Kingdom Debt Management Office
Country: UK
Region: UNITED KINGDOM
Contract type: Services
Procedure: Competitive dialogue
CPV classification: 48000000 | 48217000 | 48410000 | 48411000 | 48412000
Estimated value: 13000000 GBP
Submission deadline: 2017-06-30
Award criteria: The most economic tender

Technical requirements: 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.
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.
— Price quotation for software licence, long-term support and maintenance contract and implementation support.
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.
Candidates will be assessed in accordance with Section 5 of the 2015 Public Contract Regulations (implementing the Directive) on the basis of information provided in response to an Invitation to Tender (‘ITT’). The ITT can be accessed at: https://gpsesourcing.cabinetoffice.gov.uk
Potential suppliers should note that, in accordance with the UK Government's policies on transparency, Crown Commercial Service (CCS) intends to publish the Invitation to Tender document and the text of any Contract awarded, subject to possible redactions at the discretion of CCS. Further information can be found at https://www.gov.uk/government/publications/procurement-and-contracting-transparency-requirements-guidance. The Customer expressly reserves the right (i) not to award any contract as a result of the procurement process commenced by publication of this notice: and (ii) to make whatever changes it may see fit to the content and the structure of the tendering competition: and in no circumstances will the Customer be liable for any costs incurred by Applicants. Any expenditure, work or effort undertaken prior to contract award is accordingly a matter solely for the commercial judgement of Applicants.

Eligibility requirements: Candidates will be assessed in accordance with Section 5 of the 2015 Public Contract Regulations (implementing the Directive) on the basis of information provided in response to an Invitation to Tender (‘ITT’). The ITT can be accessed at: https://gpsesourcing.cabinetoffice.gov.uk

Award value: 13000000