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In deliveryUnited KingdomGoods£1,300,000

Asset Management System

Published
Published 24 July 2025

Overview

Nexus procured a new Asset Management System from IFS ULTIMO LTD to replace its existing system, which had reached operational limits and hindered efficiency and data accuracy. The contract, valued at £1.3 million, was awarded on 1 June 2026 and is currently in delivery or complete.

Key details

Country
United Kingdom
Status
In delivery
Category
Goods
Estimated value
£1,300,000
Procedure
Direct
SME suitable
Yes
Published
24 July 2025
Classification (CPV)
Software package and information systems

Award outcome

Award date
1 June 2026
Contract period
1 June 2026 → 1 June 2031
Winner
  • IFS ULTIMO LTD

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Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    25 June 2026

    View notice ↗
  2. Contract

    2 June 2026

    View notice ↗
  3. Prior Information Notice

    24 July 2025

    View notice ↗

Contracting authority

  • Tyne and Wear Passenger Transport Executive T/A Nexus

    Buyer

    Newcastle upon Tyne, United Kingdom

    GB-PPON: PNTB-4383-VMJH

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Awarded: Asset Management System — won by IFS ULTIMO LTD — Skim