Official UK procurement notice
FARO application development and maintenance
Authority: LONDON LGPS CIV LIMITED (Public body)
What is being bought
Published requirement descriptionFARO is our Fund analysis, reporting & ordering system, the platform uses an SFTP transfer mechanism to receive data from Custodians, this is transferred into a Microsoft Fabric environment for processing within the tooling, based largely upon Microsoft Excel and Forms.
We require a supplier to take on the ongoing development and maintenance of the platform to ensure system availability, data integrity and undertake the development of additional capabilities as required.
CPV: Pension fund consultancy services · Software programming and consultancy services
The lotProcurement structure
single lot · no lot value publishedLot #1PlannedRenewal
- Technical & professional ability
Suppliers must have experience of working with Investment Management systems and Managers. A strong record of data integration with fund management platforms is essential. Pension sector experience is mandatory and specific LGPS experience will be strongly preferred.
- Condition of participationshortlisting
Direct LGPS experience and Investment Management systems development will be the two main deciding factors.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
- Technical & professional ability
Suppliers must have experience of working with Investment Management systems and Managers. A strong record of data integration with fund management platforms is essential. Pension sector experience is mandatory and specific LGPS experience will be strongly preferred.
- Condition of participationshortlisting
Direct LGPS experience and Investment Management systems development will be the two main deciding factors.
Pipeline intelligence · planning stage: how this market runs before the tender is published
How LONDON LGPS CIV LIMITED buys Pension services (CPV 6652), and who usually turns up
LONDON LGPS CIV LIMITED’s own published record, next to the published market for the same work. Frameworks and DPS are kept out: they attract a different number of bids. Whole-market view: Pension services (CPV 6652) →
How the contest usually goes
Winner shares use published awards; bid and price charts use contested lots.
i
How often small and medium firms win.
Share of awards where the winner’s size is known.
The counts under this question show how many awards have a known supplier size.
No small-firm winners recorded among this authority’s published awards in this sample.
i
How often local firms win similar work.
Winners with a registered address in the delivery region, out of awards with a known address.
Here, local means registered in Greater London (authority’s region).
A local branch does not count if the registered address is elsewhere.
Most of this buyer’s recorded winners are registered in Greater London.
i
How long buyers here take to decide after bids close.
Middle value in days from the deadline to the first award notice, on competitions that published both dates.
Only decided tenders count, so slow ones still waiting are not in.
Half of these awards were announced within 70 days of the bid deadline.
i
How often work is awarded with no recorded rival.
Direct awards and tenders where every published lot count shows one bid.
The market share is a minimum: some awards have no bid count.
Thin markets produce this too; it is not proof of a tailored specification.
Direct awards or one recorded bid are common here. Check the route before spending time on a bid.
How many bids did past lots attract?
i
How many bids past lots received.
Each colour is a bid-count range. Only competed lots with a published count are included.
Past bids do not predict this tender.
1 bid0% / 27%
2–367% / 27%
4–633% / 18%
7+0% / 27%
How did awards compare with estimates?
i
Where winning prices landed against estimates.
Each colour shows awards below, close to or above the published estimate, one lot at a time.
Past prices are a guide, not a bid price.
Below estimate33%
Within ±2%50%
Above estimate17%
Assess each lot i
What past awards tell you about each lot.
See the forecast, this buyer’s earlier suppliers and firms with relevant wins.
No supplier is confirmed as a bidder.
i
What past awards tell you about each lot.
See the forecast, this buyer’s earlier suppliers and firms with relevant wins.
No supplier is confirmed as a bidder.
Open a lot for its forecast, this buyer’s previous supplier and possible competitors, from published award history, not a bid list
Lot #1CPV 6652Estimate not published
i
How many bids this lot may attract.
The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.
Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative. The bar shows 115 past lots.
A forecast, not a list of bidders.
1 bid10%
2–353%
4–633%
7+3%
i
Where the award price may land.
The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.
No comparable awards for this lot yet.
A statistical guide from past awards, not a price to bid.
Who has supplied this buyer on similar work? i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
No earlier contract of this buyer matches this lot on the published record.
Who could compete for this lot? i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
Candidate suppliers for this notice have not been worked out yet, so this is not a verdict that nobody fits.
About this data
- Source. Official UK public procurement notices (Find a Tender), reused under the Open Government Licence v3.0. New notices arrive through the day; the figures are rebuilt nightly.
- Two views, kept apart. The authority’s own track record and the wider market for the same kind of work sit side by side and are never mixed. Where the local picture is too thin, a figure widens to a broader market and says which one it used.
- Forecasts are labelled. The price forecast and its range, possible competitors and the earlier-work matches are our estimates from past awards: not published facts, not win chances and not price advice. Official notices do not say who is bidding.
- Every figure shows what it rests on. Not every notice publishes a bid count, a value or a delivery region, so each figure carries the number of records behind it, and one built on few records is marked as such. The on a figure explains it; the counting rules are in the methodology. Spotted something wrong? Tell us.
Procedure terms & legal framework
From the official record- Procedure method
- Competitive flexible procedure
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Planned procurement
- Procurement threshold
- Above threshold (FTS publication)
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 8 Apr 2026, 12:02 BST
- Last source update
- 8 Apr 2026, 12:02 BST
- Award evaluation window
- Submission end – 4 Jun 2026
- Authority reference
P00326- FTS notice number
2026/S 000-031865- Accelerated
- State of urgency
- Latest notice
- Planned procurement notice (UK3)
- Classification (CPV)
- Delivery area
- Not published
- Official registry OCID
ocds-h6vhtk-067dcbFind a Tender
How it was run
Official notice- Requests to participate (first stage)
- 11 May 2026, 17:00 BST
- Submission deadline
- 11 May 2026, 17:00 BST
- Clarification deadline
- 4 May 2026, 17:00 BST
- Accepted languages
- en
Timeline
8 Apr 2026 → 13 Jul 2026 · 6 dates- Planning notice published196 days ago8 Apr 2026, 12:02 BST
- Tender notice expected182 days ago22 Apr 2026, 23:59 BST
- Clarification questions by170 days ago4 May 2026, 17:00 BST
- Submission deadline163 days ago11 May 2026, 17:00 BST
- Award decision expected by139 days ago4 Jun 2026, 23:59 BST
- Contract starts101 days ago13 Jul 2026, 00:00 BST
Notice history
1 event · 1 release on Find a Tender- Planned procurement notice published8 Apr 2026, 12:02 BSTUK3
Commercial outcome & contract awards
Pipeline notice- Awards (0)
- No award published
- Contracts (0)
- No contract published
- Bid statistics
- No aggregate bid statistics published
Contracting authority & participating public bodies
Official documents & specifications (1)
Official links; attachments are not copiedNotices published for this procedure
- Planned procurement notice Planned procurement notice on Find a Tender