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Financial Management System

Published 13 Mar 2026

13 Mar 2026

UK Biobank Ltd

Primary CPV: 48442000 *
Financial systems software package
Location: 🇬🇧 Greater Manchester South East, North West
Value: £850,000
Contract: 5 years Duration
13/04/2026 12/04/2031
Contract Types: 48 *Software packages & information systems
Full CPV Breakdown
SME suitable: Not stated

Publisher Address

1-2 Spectrum Way, Stockport, SK3 0SA, United Kingdom · UKD35

Contact

tenders@ukbiobank.ac.uk

Award Criteria

Not specified

FULL DOCUMENTATION

Related tenders

UK Biobank Ltd

All notices from this publisher

Same CPV code

48442000 *

All notices with this CPV code

Reference: UKB0024

UK Biobank (UKB) is seeking suppliers with the capacity and expertise to deliver a new Financial Management System (FMS) that will replace the current platform and provide the necessary modules to support UKB’s business model. UKB requires that the new FMS will support all key financial management activities, including Purchase to Pay, Accounts Receivable, Banking, Project Accounting, Timesheet Automation, Budgeting and Forecasting, Fund Accounting and Grant Management, Financial Accounting, Reporting and Analysis, Fixed Assets, Expenses, Stock and Financial Planning. The replacement of this existing back-office software is a critical component of UKB’s broader transformation strategy. The current finance system, Sage 200 Professional, has been in place for over a decade and no longer meets the demands of UKB’s growing scale and complexity. UKB requires a modern, efficient, and scalable FMS which will support UKB’s future ambitions. Details in relation to the requirements for the FMS are set out in UKB’s specification provided as part of the Associated Tender Documents. A demonstration and a sandbox area for UKB staff to test the product will be requested from all shortlisted bidders. This will not be scored separately but will be used to verify the written submission. If any clarification questions are needed after the demonstration or sandbox access, UKB will raise these with bidders in writing.

Awarded to

Codec Solutions UK Limited 9 Mar 2026 · £850,000

Full CPV breakdown

48442000 — Financial systems software package (primary)

Notice details

Buyer type: Other public body
Competition: Restricted / competitive (suppliers are shortlisted first)
Contract type: Goods
Bids received: 4
Winning supplier: SME
Procurement method: Competitive flexible procedure
Main category: Goods
Above threshold: Yes
Legal basis: UKPGA 2023/54
Notice status: Complete
Award status: Pending
Award date: 9 Mar 2026
Standstill period ends: 25 Mar 2026
Contract can be extended to: 12 Apr 2036
Renewal: UKBwill have the option to extend its Contract annually for a further 5 years. This would lead to a maximum total term of around 10 years and 6 months (assuming a six-month implementation period), with the Contract to commence in early 2026 following contract award.
Language: EN
Published: 13 Mar 2026 09:22
OCID: ocds-h6vhtk-055b6c
Notice ID: UKB0024

Competition

Bids received

Bids considered at final stage

SME bids at final stage

VCSE bids at final stage

Organisations on this notice

Codec Solutions UK Limited

Supplier SME

71-75 Shelton Street, London, WC2H 9JQ, United Kingdom

uktenders@codecsystems.co.uk

GB-PPON PLZC-1237-YHZN

Key dates

Future Signature Date: 13 Apr 2026 · Scheduled

Full notice record

58 details

Everything the publisher included in this notice, organised by section.

Organisations

Party 1 › Name	UK Biobank Ltd
Party 1 › Address › Street	1-2 Spectrum Way
Party 1 › Address › Town / city	Stockport
Party 1 › Address › Postcode	SK3 0SA
Party 1 › Address › Country	GB
Party 1 › Address › Country	United Kingdom
Party 1 › Address › Region (NUTS)	UKD35
Party 1 › Contact › Email	tenders@ukbiobank.ac.uk
Party 1 › Role	buyer
Party 1 › Link	http://www.ukbiobank.ac.uk
Party 1 › Classification › Description	Public undertaking
Party 2 › Name	Codec Solutions UK Limited
Party 2 › Address › Street	71-75 Shelton Street
Party 2 › Address › Town / city	London
Party 2 › Address › Postcode	WC2H 9JQ
Party 2 › Address › Country	GB
Party 2 › Address › Country	United Kingdom
Party 2 › Address › Region (NUTS)	UKI31
Party 2 › Contact › Email	uktenders@codecsystems.co.uk
Party 2 › Role	supplier
Party 2 › Business size	sme
Party 2 › VCSEs	No
Party 2 › Public service mission organisation	No
Party 2 › Sheltered workshop	No

Buyer

Name	UK Biobank Ltd

Tender

Title	Financial Management System
Status	complete
Procedure type	selective
Procedure	Competitive flexible procedure
Lot › Status	complete

Awards

Title	Financial Management System
Status	pending
Date	9 Mar 2026
Value › Value incl. VAT	£1,020,000
Value › Value	£850,000
Value › Currency	GBP
Category	goods
Above threshold	Yes
Supplier › Name	Codec Solutions UK Limited
Item › CPV › CPV 1 › Description	Financial systems software package
Item › CPV › CPV 2 › Description	Financial analysis and accounting software package
Item › Delivery › Region (NUTS)	UK
Item › Delivery › Country	GB
Item › Delivery › Country	United Kingdom
Standstill period › End	25 Mar 2026
Contract period › Start	13 Apr 2026
Contract period › End	12 Apr 2031
Contract period › Can be extended to	12 Apr 2036
Can be renewed	Yes
Renewal › Description	UKBwill have the option to extend its Contract annually for a further 5 years. This would lead to a maximum total term of around 10 years and 6 months (assuming a six-month implementation period), with the Contract to commence in early 2026 following contract award.
Document › Document type	Award notice
Document › Description	Contract award notice on Find a Tender
Document › Link	https://www.find-tender.service.gov.uk/Notice/022686-2026
Document › Published	13 Mar 2026
Assessment Summaries Date Sent	11 Mar 2026
Milestone › Type	Future signature date
Milestone › Due	13 Apr 2026
Milestone › Status	scheduled

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