Financial Management System
£850,000 — stated in the notice
The procurement contact named on the official notice.
www.mytenders.co.uk
The submission route named on the official notice.
This is a large award for Software & IT Systems — above three-quarters of comparable contracts. Based on 30,286 valued Software & IT Systems tenders in our corpus.
UK Biobank Ltd's Software & IT Systems cycle is past due — it ran about every 4 months across 4 notices, and the door is open now. It may re-tender at any time.
50% of UK Biobank Ltd’s awards go to a supplier it has used before.
Which is the argument for getting on the list rather than winning this one. The incumbent is rarely the last winner — it is the roster. See the retention odds by category →
UK Biobank (UKB) is seeking suppliers with the capacity and expertise to deliver a new Financial Management System (FMS) that will replace the current platform and provide the necessary modules to support UKB’s business model.
UKB requires that the new FMS will support all key financial management activities, including Purchase to Pay, Accounts Receivable, Banking, Project Accounting, Timesheet Automation, Budgeting and Forecasting, Fund Accounting and Grant Management, Financial Accounting, Reporting and Analysis, Fixed Assets, Expenses, Stock and Financial Planning.
The replacement of this existing back-office software is a critical component of UKB’s broader transformation strategy.
The current finance system, Sage 200 Professional, has been in place for over a decade and no longer meets the demands of UKB’s growing scale and complexity.
UKB requires a modern, efficient, and scalable FMS which will support UKB’s future ambitions.
Details in relation to the requirements for the FMS are set out in UKB’s specification provided as part of the Associated Tender Documents.
A demonstration and a sandbox area for UKB staff to test the product will be requested from all shortlisted bidders.
This will not be scored separately but will be used to verify the written submission.
If any clarification questions are needed after the demonstration or sandbox access, UKB will raise these with bidders in writing.
UKB will provide a remote briefing session on 21 July 2025 in relation to this opportunity for interested organisations.
Please register your interest in attending the session by sending contact details for people who want to attend to tenders@ukbiobank.ac.uk.
What the notice asks for
UKB requires a modern, efficient, and scalable
UKB requires a modern, efficient, and scalable FMS which will support UKB’s future ambitions.
A demonstration and a sandbox area
A demonstration and a sandbox area for UKB staff to test the product will be requested from all shortlisted bidders.
If any clarification questions are needed after
If any clarification questions are needed after the demonstration or sandbox access, UKB will raise these with bidders in writing.
UKB will provide a remote briefing session
UKB will provide a remote briefing session on 21 July 2025 in relation to this opportunity for interested organisations.
Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.
Skills, tools & certifications
Detected from the notice — the capabilities and credentials this bid calls for. Click one to see who wins that work.
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- OCID
- ocds-h6vhtk-055b6c
- Stage
- tender · Open
- Source
- Find a Tender
- Buyer ref
- 038355-2025
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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