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BBC announces shortlist of four bidders for outsourced finance and accounting services

Category: BBC

Date: 15.06.2006
Printable version

The BBC announced today a shortlist of bidders selected to the next stage in the re-procurement of outsourced finance and accounting services.


The four companies that have been selected for Invitation to Contract, the third stage of the bidding process are, in alphabetical order:






Progeon (Infosys)




The bids received from the long-listed bidders were of high quality and bidders were selected through a rigorous EU procurement process conducted by the BBC's evaluation team.


This included significant input from business stakeholders in the BBC.


The four finalists were chosen because of their close fit with the BBC's evaluation criteria, which include value for money, synergy with the culture of the BBC, and capability to provide high-quality service to the BBC.


Zarin Patel, BBC Group Finance Director, said: "We have been impressed by the quality of the bids and high level of competition, and all four bidders deserve to have reached the shortlist stage.


"We look forward to working with them more closely over the next few months and we expect to announce the winning bidder in the autumn."


The finance and accounting services being re-procured were originally outsourced in 1997 to Medas as part of a ten-year contract which runs until the end of June 2007.


Medas is a wholly owned subsidiary of EDS.


Services currently provided by Medas include payments to external suppliers and artists and contributors, staff payroll and expenses processes.


The purpose of this project is:


to re-procure finance and accounting Business Process Outsourcing (BPO) services for the BBC with an effective transition between the current and new contract;


to deliver a new BPO contract which will deliver value for money through significant initial and ongoing savings, through a contract relationship that is flexible and transparent and that provides incentives to both the BBC and its supplier to collaborate, innovate and improve benefits throughout the contract.


The contract length is for five to ten years.


The BBC is looking for provider/s that can transform the systems area, including the development of further e-business capabilities to help in delivering a "simpler BBC".


Final negotiations are expected to take place throughout the summer, with an announcement of the successful bidder in Autumn 2006.


BBC staff and the unions are being kept fully informed during the process.


No BBC staff are currently in scope to be outsourced as part of this contract as the contract is a second generation outsourcing.


Notes to Editors


Medas and the BBC


Medas is a wholly owned subsidiary of EDS.


Medas was founded in 1997 to provide financial transactions processing for the BBC and also support the IT systems that facilitate that processing.


The company became fully operational in March 1998 following the transfer of nearly 400 finance staff from the BBC, in addition to the 80 IT staff who transferred in March 1997.


Medas operates from two sites: Ealing (West London) and Cardiff.


The services Medas provides to the BBC are in summary:


Accounts Payable


Accounts Receivable


Contributor Payments


Expenses and Advances


Financial Accounting


IT systems support and development




About the shortlisted companies




The Capita Group Plc is a UK-customer focused organisation, providing an integrated range of services across the UK's public and private sectors for more than 25 years. Capita has a network of over 230 offices with 24,000 people including 29 business centres.




EDS is the parent company of Medas, the current provider of outsourced Finance and Accounting services to the BBC, which was awarded a ten year contract in 1997. EDS has been providing Finance and Accounting services since 1968. EDS has approximately 115,000 BPO staff.




Progeon is a wholly owned subsidiary of Infosys Technologies Ltd, a global IT services and consulting organisation. Progeon currently has over 7000 employees with around 900 professionals delivering Finance and Accounting services globally. Finance and Accounting accounts for nearly 15% of total BPO revenue.




Xansa have been providing Finance and Accounting services since 2001 and have 1,900 Finance and Accounting staff based across a number of locations. Finance and Accounting services forms the largest component of Xansa's BPO portfolio.


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Category: BBC

Date: 15.06.2006
Printable version


The BBC is not responsible for the content of external internet sites

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