FHT034 - Finance and P2P System

Forhousing Devco Limited is seeking a provider for a cloud-based Finance and Procure-to-Pay (P2P) solution, which can be either a fully integrated system or a standalone P2P package. The solution must support end-to-end financial operations, including general ledger, budgeting, accounts payable, accounts receivable, and reporting, as well as procurement functions such as requisitioning, purchasing, receipting, invoicing, and supplier management. The estimated contract value is 720,000 GBP including VAT, with an initial performance period from November 5, 2026, to February 28, 2030, and a possible 24-month extension through February 29, 2032. The procurement process follows a competitive flexible procedure divided into two stages. The first stage evaluates bidders based on quality and price, with up to three candidates shortlisted for a second-stage demonstration. The final award criteria are weighted toward Quality at 65 percent, Price at 15 percent, Social Value at 10 percent, and Presentation at 10 percent. This opportunity is noted as particularly suitable for small and medium-sized enterprises, and the submission deadline for responses is October 12, 2026.