Budget and Financial Management Software for Lumero Educational Trust

Lumero Educational Trust, comprising 12 schools (4 secondary and 8 primary) and approximately 950 staff across 7,421 students, is seeking a cloud-based budget and financial management software provider. This is a three-year contract (1 September 2027 – 31 August 2030) with a potential two-year extension, valued at £275,000 total. The solution must be compatible with Microsoft and Google environments, DFE Chart of Accounts compliant, and include integrated budgeting and finance modules with comprehensive transaction management and reporting capabilities. The provider must deliver a user-accessible help desk, portal, and remote access support within agreed service hours across all 13 entities (12 schools plus the Trust). The procurement uses a Competitive Flexible Procedure with a two-stage process: Stage 1 (PSQ) will select 5-10 candidates scoring minimum 60%, and Stage 2 (ITT) will evaluate on 50% price, 25% technical capability, and 25% support quality. Eligible providers must have minimum annual turnover of £200,000 and employers' liability and public liability insurance of £5 million. The Trust prioritizes best value and partnership-focused vendors delivering cutting-edge solutions with excellent ongoing support. The Trust reserves the right not to appoint and may add additional schools to the contract as the organization grows.