Scope
Reference
NEX25/26
Description
Preliminary Market Engagement for the provision of a new asset management system to replace the existing asset management system.
Total value (estimated)
- £1,300,000 excluding VAT
- £1,560,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 2 June 2026 to 1 June 2031
- Possible extension to 2 June 2034
- 8 years, 1 day
Main procurement category
Goods
CPV classifications
- 48000000 - Software package and information systems
Contract locations
- UKC - North East (England)
Engagement
Engagement deadline
15 August 2025
Engagement process description
Nexus is undertaking an initiative to replace its existing Asset Management System with a modern, robust solution. The current system has reached its operational limits, hindering efficiency, data accuracy and overall asset management effectiveness.
By investing in a state-of-the-art Asset Management System, Nexus expects to achieve significant improvements in asset visibility, maintenance planning, financial management and reporting.
Nexus intends to circulate a questionnaire through the North East Procurement Organisation OPEN eProcurement portal, allowing you to provide more information about your interest and comment on the proposed approach.
Suppliers will need to register to gain free access to procurement documents and, to submit questionnaire responses. If you are not registered, you can do so here:
This Preliminary Market Engagement aims to:
• Understand the market's appetite and capability to deliver a compliant asset management system.
• Assess the markets views on Nexus Terms and Conditions
• Explore key delivery considerations
• Understand risks and issues not previously considered
• Provide potential suppliers with an opportunity to raise queries or suggest amendments in advance of any formal procurement.
Participation
Particular suitability
Small and medium-sized enterprises (SME)
Procedure
Special regime
Utilities
Contracting authority
Tyne and Wear Passenger Transport Executive T/A Nexus
- Public Procurement Organisation Number: PNTB-4383-VMJH
Nexus House, St James Boulevard
Newcastle Upon Tyne
NE1 4AX
United Kingdom
Email: tenders@nexus.org.uk
Region: UKC22 - Tyneside
Organisation type: Public undertaking (commercial organisation subject to public authority oversight)