Contract

FinOps solution

  • JISC

UK7: Contract details notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2026/S 000-008128

Procurement identifier (OCID): ocds-h6vhtk-059ff6 (view related notices)

Published 29 January 2026, 3:05pm



Scope

Reference

Proc2769

Description

Jisc's Cloud Managed Services team was looking to procure a FinOps solution from a single provider. The successful solution will be predominately deployed by Jisc as the main user (use case (1) and (2)), however there is scope that the solution is in-directly made available to Jisc members and customers (use case (3).


Contract 1

Supplier

Contract value

  • £20,000,000 excluding VAT
  • £24,000,000 including VAT

Above the relevant threshold

Date signed

16 January 2026

Contract dates

  • 26 February 2026 to 25 February 2028
  • Possible extension to 25 February 2030
  • 4 years

Description of possible extension:

Two single-year extensions can be entered into following the initial two-year period, at the buyer's discretion (i.e. 2+1+1).

Main procurement category

Services

CPV classifications

  • 72212482 - Business intelligence software development services

Contract locations

  • UK - United Kingdom

Justification for not setting key performance indicators

Contract value is significantly accounted for by throughspend by Members' cloud usage, rather than expenditure by Jisc in the way of charges or fees (which will be only a much smaller percentage of that figure, and far below the £5m threshold where KPIs would be required).


Other information

Applicable trade agreements

  • Government Procurement Agreement (GPA)

Conflicts assessment prepared/revised

Yes


Procedure

Procedure type

Open procedure


Supplier

IBM UNITED KINGDOM LIMITED

  • Companies House: 00741598
  • Public Procurement Organisation Number: PNQM-8935-PYGQ

Building C, IBM Hursley Office, Hursley Park Road

Winchester

SO21 2JN

United Kingdom

Region: UKJ36 - Central Hampshire

Small or medium-sized enterprise (SME): No

Voluntary, community or social enterprise (VCSE): No

Supported employment provider: No

Public service mutual: No

Contract 1


Contracting authority

JISC

  • Companies House: 05747339
  • Public Procurement Organisation Number: PGYD-1575-ZHXX

4 Portwall Lane

Bristol

BS1 6NB

United Kingdom

Region: UKK11 - Bristol, City of

Organisation type: Public authority - sub-central government