AwardedOCID: ocds-h6vhtk-05eea5

Direct Award for Finance System replacement

The requirement of this direct award is within the scope of Schedule 5 of the Procurement Act 2023, and in line with the Section 44 the same. The award is for the provision of a Financial Cloud based, Software as a Service system (SAAS) incorporating a Purchase to Pay solution to MRI Software Limited. This contract enables the organisation to transition from the current server-based OpenAccounts finance system to an integrated, modern, cloud-hosted platform with the same supplier. The cloud-hosted system is the replacement for the current server-based system, which is no longer being developed. The existing contract commenced in October 2021. Contract Scope Current Two Rivers Housing finance system is a suite of three standalone but interfaced modules consisting of: OpenAccounts, eBIS and Version One. All three products are owned by OneAdvanced and provided by MRI Software. The replacement system will be one fully integrated system that is cloud based. The move to the cloud-based system will also result in on-premises savings such as servers, backups, and disaster recovery costs. Essentially, the contract being awarded, concerns the supply of goods and services by the existing supplier which are intended as an extension to, or partial replacement of, existing goods and services in circumstances where: (a) a change in supplier would result in the contracting authority receiving goods, services or works that are different from, or incompatible with, the existing goods, services or works, and (b) the difference or incompatibility would result in disproportionate technical difficulties in operation or maintenance. The award will be for a period of 41 months commencing from December 2025, including a five-month implementation period at zero cost. The scope of the contract will include the implementation, licensing, and ongoing maintenance of the following components of the Financials suite: • Core Financials base engine • Project Management module • Air Approvals (mobile approval workflow) • Business Tax Portal • Purchase Invoice Automation The annual fee is £99,500 including VAT, subject to a 5.5% annual inflationary uplift for three years, bringing the total contract value to £315,218. Included within the contract is a Right to Use Licence for Open Accounts which would have otherwise incur a cost of £123,910 over 7 years

Buyer
Two Rivers Housing
Contract Value
Value not disclosed
Deadline
No deadline set
Published
3 Feb 2026
Interactive

About This Two Rivers Housing Contract

This award stage contract from Two Rivers Housing was published in 2026. The Direct Award for Finance System replacement contract.

This UK government contract opportunity is part of the public procurement process, openly available via Find a Tender.

Contract Analytics

Key Metrics

0Match
0%
Match
50%
Urgency
30%
Value

Sector Distribution

General100%

Contract Timeline

3 Feb

Published

Current

Award Phase

Value Analysis

Contract value not disclosed

Market Activity

-8%

UK tender activity (12 months)

Direct Award for Finance System replacement - Scope of Work

0 phases • 0 requirements • 3 capabilities

Required Capabilities

CloudplatformAutomation
  • The requirement of this direct award is within the scope of Schedule 5 of the Procurement Act 2023, and in line with the Section 44 the same.
  • The award is for the provision of a Financial Cloud based, Software as a Service system (SAAS) incorporating a Purchase to Pay solution to MRI Software Limited.
  • This contract enables the organisation to transition from the current server-based OpenAccounts finance system to an integrated, modern, cloud-hosted platform with the same supplier.
  • The cloud-hosted system is the replacement for the current server-based system, which is no longer being developed. The existing contract commenced in October 2021.
  • Contract Scope
  • Current Two Rivers Housing finance system is a suite of three standalone but interfaced modules consisting of: OpenAccounts, eBIS and Version One. All three products are owned by OneAdvanced and provided by MRI Software.
  • The replacement system will be one fully integrated system that is cloud based. The move to the cloud-based system will also result in on-premises savings such as servers, backups, and disaster recovery costs.
  • Essentially, the contract being awarded, concerns the supply of goods and services by the existing supplier which are intended as an extension to, or partial replacement of, existing goods and services in circumstances where:
  • (a) a change in supplier would result in the contracting authority receiving goods, services or works that are different from, or incompatible with, the existing goods, services or works, and
  • (b) the difference or incompatibility would result in disproportionate technical difficulties in operation or maintenance.
  • The award will be for a period of 41 months commencing from December 2025, including a five-month implementation period at zero cost. The scope of the contract will include the implementation, licensing, and ongoing maintenance of the following components of the Financials suite:
  • Core Financials base engine
  • Project Management module
  • Air Approvals (mobile approval workflow)
  • Business Tax Portal
  • Purchase Invoice Automation
  • The annual fee is £99,500 including VAT, subject to a 5.5% annual inflationary uplift for three years, bringing the total contract value to £315,218. Included within the contract is a Right to Use Licence for Open Accounts which would have otherwise incur a cost of £123,910 over 7 years

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Contract Value

Fixed PriceSingle contract value agreed upfront
Value not disclosed

Key Dates

Important deadlines and milestones

UK Time

Notice Published

Tender opportunity made public on Find a Tender

Tue, 3 Feb 2026
Passed

What This Two Rivers Housing Contract Means

For Citizens

This is a public procurement by Two Rivers Housing. All UK government contracts are publicly accessible for transparency.

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This Two Rivers Housing contract has been awarded. Review for market intelligence.

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Market Activity

-53%

UK tender activity (12 months)

Two Rivers Housing

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Quick Facts

Stage
Award
Status
complete
CPV Codes
0

Reference ID

ocds-h6vhtk-05eea5

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Direct Award for Finance System replacement | Two Rivers Housing Contract 2026 | RFP Platform Quest