Tender Summary

Provision of an Innovative Funding Model for the supply and maintenance of an Intra-Operative MRI system complete with third party ancillary medical devices and equipment.

Buying Organisation

CAMBRIDGE UNIVERSITY HOSPITALS NHS FOUNDATION TRUST

Contract Value

£700,000 to £800,000

Tender Description

Cambridge University Hospitals NHS Foundation Trust is seeking an MRI vendor who independently or with a third party would be prepared to fund and provide an Intra-Operative MRI scanner, operating theatre and other relevant ancillary equipment, on the basis that the funding agreement is off-balance sheet for the Trust i.e. will not trigger IFRS 16 accounting treatment.

MRI vendors are invited to submit proposals which they feel are consistent with this requirement. The Trust does not set out the terms upon which off-balance sheet solutions should be proposed.

The contract period will be for no longer than 364 days, inclusive of any notice period. There will be no pre-determined termination date. Following expiry of the contract period the Trust may consider options for contract extensions. Any such extension or extensions must continue to preserve the accounting principle of off-balance sheet funding.

It is the expectation that the equipment is depreciated over a period of seven years from installation.

Tender documents are available to download from the Trust's e-sourcing portal hosted by Jaggaer One (formerly Bravosolutions)