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    ContractsModern Asset Management System Replacement
    Awarded contract

    Modern Asset Management System Replacement

    Status
    Awarded
    Published 2 Jun 2026

    Nexus is seeking a modern Asset Management System to replace its legacy solution and improve operational efficiency and data accuracy.

    🇬🇧United Kingdom· EnglandPublished 2 Jun 2026· 4 months agoviaFind a Tender
    Status
    Awarded
    Published 2 Jun 2026

    Decision brief

    4 fields
    • Contract value
      Not disclosed
      Source did not declare a figure
    • Closing date
      Not published
      No closing date published
    • Sector
      IT & Software
      Browse related listings
    • Location
      🇬🇧United Kingdom
      England

    Suppliers

    1 supplier
    • IU
      IFS ULTIMO LTD
    Lead contractor

    Lifecycle

    Awarded

    Contract awarded. Originally published 4 months ago.

    2 June 2026
    Awarded — no open tender advertised

    Brief

    Nexus is seeking to procure and implement a new Asset Management System to replace its current legacy system. The existing system has reached operational capacity limits and is impacting organizational efficiency, data accuracy, and overall asset management effectiveness. The new solution should be modern, robust, and scalable to support current and future operational requirements. This is an opportunity for qualified vendors to provide a comprehensive Asset Management System that will improve asset tracking, streamline workflows, enhance reporting capabilities, and provide better data integrity across the organization.

    Track record

    1 award · 1 winner
    Thin record

    Only 1 prior award here — too little to read.

    In it software, Tyne and Wear Passenger Transport Executive T/A Nexus has awarded 1 contract to 1 supplier.

    Who wins here
    1. IFS ULTIMO LTD1× · 100%

    Across it software, the most active winners are SOFTCAT PLC, PHOENIX SOFTWARE LTD, CIVICA UK LIMITED — the field to beat, or your route in as a partner.

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    Take action
    View on sourceFind a Tender

    Award notice and full record on the publisher's site

    Publisher
    UK Cabinet Office
    Licence
    OGL v3.0
    Source
    find-tender.service.gov.uk
    Record ID
    ocds-h6vhtk-056552

    Your fit

    Could you win the next one?

    This went to IFS ULTIMO LTD. Sonar reads Tyne and Wear Passenger Transport Executive T/A Nexus's work like this against your business — who holds it, and whether you could compete or partner next time.

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    TW
    Buyer
    Tyne and Wear Passenger Transport Executive T/A Nexus
    Sector
    IT & Software