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
Award decision date
10 December 2025
Date assessment summaries were sent to tenderers
11 December 2025
Standstill period
- End: 22 December 2025
- 8 working days
Earliest date the contract will be signed
5 January 2026
Contract dates (estimated)
- 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
Information about tenders
- 7 tenders received
- 7 tenders assessed in the final stage:
- 5 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 6 suppliers unsuccessful (details included for contracts over £5 million)
Unsuccessful suppliers
Procedure
Procedure type
Open procedure
Suppliers
ION Industries Ltd
- Companies House: 10323679
2 Esh Plaza
NEWCASTLE UPON TYNE
NE13 9BA
United Kingdom
Region: UKC22 - Tyneside
Small or medium-sized enterprise (SME): Yes
Voluntary, community or social enterprise (VCSE): No
Iplicit Limited
- Companies House: 07194134
1st Floor At Bobby's The Square 2-12 Commercial Road
Bournemouth
BH2 5LP
United Kingdom
Email: info@iplicit.com
Website: https://iplicit.com/
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
MOORE STEPHENS INSIGHT LIMITED
- Companies House: 07909149
St James House
Sheffield
S1 2EX
United Kingdom
Region: UKE32 - Sheffield
Small or medium-sized enterprise (SME): Yes
Voluntary, community or social enterprise (VCSE): No
OneAdvanced Limited
- Companies House: 07851234
The Mailbox Level 3
Birmingham
B1 1RF
United Kingdom
Region: UKG31 - Birmingham
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Technology One UK Limited
- Companies House: 05234413
Fourth Floor Abbots House Abbey Street
Reading
RG1 3BD
United Kingdom
Region: UKJ11 - Berkshire
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Touchstone FMS Limited
- Companies House: 01618039
46 Worship Street
London
EC2A 2EA
United Kingdom
Region: UKI41 - Hackney and Newham
Small or medium-sized enterprise (SME): Yes
Voluntary, community or social enterprise (VCSE): No
Xledger LTD
- Companies House: 07082723
4th Floor Tower Wharf
Bristol
BS2 0JJ
United Kingdom
Region: UKK11 - Bristol, City of
Small or medium-sized enterprise (SME): Yes
Voluntary, community or social enterprise (VCSE): No
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