Scope
Reference
RNN0016
Description
Provision of a Financial Management System, capable of meeting all RNN Group specified requirements for implementation before 01.08.26 (a month in advance of the outgoing contract expiry to tie the future contract to academic years) to ensure seamless continuity of system functionality for RNN Group, its partners and subsidiaries.
Contract 1. Provision of Financial Management System
Supplier
Contract value
- £588,200.45 including VAT
Above the relevant threshold
Date signed
14 January 2026
Contract dates
- 19 January 2026 to 31 July 2031
- Possible extension to 31 July 2036
- 10 years, 6 months, 13 days
Description of possible extension:
Subject to satisfactory performance and the agreement of terms the contract may be extended on 2 + 2 + 1-year increments (or as agreed between the parties)
Main procurement category
Goods
Options
The right to additional purchases while the contract is valid.
System developments in line with market requirements with options to include any additional RNN Group partners and subsidiaries as may be required to ensure consistency and quality of the services across the Group.
CPV classifications
- 48441000 - Financial analysis software package
- 48442000 - Financial systems software package
- 48812000 - Financial information systems
- 72212442 - Financial systems software development services
- 72260000 - Software-related services
- 72261000 - Software support services
- 72268000 - Software supply services
- 79412000 - Financial management consultancy services
Contract locations
- UKE - Yorkshire and the Humber
Other information
Applicable trade agreements
- Government Procurement Agreement (GPA)
- Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Open procedure
Supplier
iplicit Limited
- Companies House: 07194134
1st Floor At Bobby's The Square, 2-12 Commercial Road
Bournemouth
BH2 5LP
United Kingdom
Region: UKK24 - Bournemouth, Christchurch and Poole
Small or medium-sized enterprise (SME): Yes
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1. Provision of Financial Management System
Contracting authority
RNN GROUP
- UK Register of Learning Providers (UKPRN number): 10005534
Eastwood Building Eastwood Lane
Rotherham
S65 1EG
United Kingdom
Region: UKE31 - Barnsley, Doncaster and Rotherham
Organisation type: Public authority - sub-central government