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PROCUREMENT OPPORTUNITY

Asset Management System

Tyne and Wear Passenger Transport Executive T/A Nexus · Contract award notice on Find a Tender

Tender information last checkedLast checked 27 Sept 2026, 17:07.

Opportunity overview

The provision of a new Asset Management System 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.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

IFS ULTIMO LTD

Matched by number
Published award value
£1.8m
Awarded
1 Jun 2026
Award ID
1
Status
pending
Identifier
GB-COH 11265696
Location
Staines-Upon-Thames, UKJ25, TW18 3AG, United Kingdom

Classification

No classification was supplied.

Lots

  • Lot 1Value not stated

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
NEX25/26
Status
complete
Procurement Method
direct
Procurement Method Details
Direct award

Legal basis

Id
2023/54
Scheme
UKPGA

Special regime

utilities

Lots and requirements

Entry 1
Id
1
Status
complete

Buyer, suppliers and contacts

Organisation 1
Name
Tyne and Wear Passenger Transport Executive T/A Nexus
Id
GB-PPON-PNTB-4383-VMJH

Identifier

Scheme
GB-PPON
Id
PNTB-4383-VMJH

Address

Street Address
The Spark, Newcastle Helix, St James Boulevard
Locality
Newcastle upon Tyne
Postal Code
NE4 5DE
Country
GB
Country Name
United Kingdom
Region
UKC22

Contact

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicUndertaking
Description
Public undertaking
Organisation 2
Name
IFS ULTIMO LTD
Id
GB-COH-11265696

Identifier

Scheme
GB-COH
Id
11265696

Additional Identifiers

Entry 1
Scheme
GB-PPON
Id
PGHL-6286-WLHZ

Address

Street Address
Bourne House Lotus Park
Locality
Staines-Upon-Thames
Postal Code
TW18 3AG
Country
GB
Country Name
United Kingdom
Region
UKJ25

Contact

Roles

supplier

Details

Scale
large
Vcse
No
Public Service Mission Organization
No
Sheltered Workshop
No

Award information

Award 1
Id
1
Status
pending
Date
2 Jun 2026, 00:00
Main Procurement Category
goods
Above Threshold
Yes
Has Renewal
Yes

Items

Item 1
Id
1
Related Lot
1

Additional Classifications

Entry 1
Scheme
CPV
Id
48000000
Description
Software package and information systems

Delivery locations

Entry 1
Region
UKC
Country
GB
Country Name
United Kingdom

Value

Including VAT
1,824,127.2
Currency
GBP

Suppliers

Supplier 1
Id
GB-COH-11265696
Name
IFS ULTIMO LTD

Standstill Period

Ends
6 Jul 2026, 23:59

Contract period

Starts
13 Jul 2026, 00:00
Ends
30 Apr 2032, 23:59
Max Extent Date
30 Apr 2035, 23:59

Renewal

Description
Option to extend subscription for a further 3 years.

Related lots

1

Documents

Entry 1
Id
059776-2026
Document Type
awardNotice
Notice Type
UK6
Description
Contract award notice on Find a Tender
Published
25 Jun 2026, 11:38
Format
text/html

Milestones

Entry 1
Id
1
Type
futureSignatureDate
Due
7 Jul 2026, 23:59
Status
scheduled

Recorded locations

  • Buyer location · Newcastle upon Tyne · UKC22 · NE4 5DE · United Kingdom

Notice and amendment history

2 published notice versions reviewed by ProcuraAxis.

2 VERSIONS
  1. 052073-2026Transparency notice on Find a Tender ·
  2. 059776-2026Contract award notice on Find a Tender ·