Decision details

Contract Extension for Oracle Fusion Licences - OKD30(24/25)

Decision Maker: Director of Human Resources and Organisational Development (Gavin Wright)

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

As part of key decision SSED01(24/25), the Cabinet Member for Support Services and Economic Development agreed to allocate additional funding to support the implementation of Oracle Fusion to replace the current system.

The current Software as a Service (SaaS) licencing agreement with Oracle will expire in June 2025 following a 5-year term. The Council will need to continue to ensure it has the appropriate licences to be able to implement, access and utilise the Oracle Fusion system beyond June 2025.

Decision:

The Director of Human Resources and Organisational Development, in consultation with Interim Director of Finance and Support Services, has approved the variation of contract with Oracle Corporation UK Limited to extend the first extension period by 1 year (covering the period June 2025 - 2028) with an option to further extend the contract by 1 period of 2 years (covering the period June 2028 - 2030). The total value of the proposed variation is £2.377m if the full term of the extension periods are taken.

Interests and Nature of Interests Declared:

None declared.

Publication date: 01/11/2024

Date of decision: 01/11/2024

Effective from: 13/11/2024

Accompanying Documents: