Expired contract

P2P System

Details

Value
£183,931.92
Duration
2 years
Topic
Industry specific software package
Published
21 December 2023

Tender description

Basware P2P, AP Automation and eInvoicing services based on initial 2yr term, includes 1yr extension costs, includes contingency for document overage costs for the 3 years and includes VAT

Timeline

  1. Completed: Award published21 December 2023
    Current notice
  2. Completed: Award date1 January 2024
  3. Completed: Contract expiry date31 December 2025

About the buyer

The Pensions Regulator regulates work-based pension schemes, and buys as a central government agency with its own e-Sourcing portal for competitions. Larger opportunities are advertised on the Find a Tender Service, with smaller contracts posted to Contracts Finder. Framework agreements are the first port of call for procurement, led by the Crown Commercial Service. Additional collaborative arrangements come through ESPO, YPO and NHS Supply Chain frameworks. An in-house commercial team manages the full contracting lifecycle from sourcing through to contract management. Bids are assessed against the Most Advantageous Tender standard under the Procurement Act 2023.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of The Pensions Regulator's contract awards have been in IT services, business services and software and information systems.

Relevant CPV codes

  • 48100000 · Industry specific software package

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Decision makers

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