Find a TenderAwardedContract details notice
Published 18 Jul 2025, 10:06 BST

Official UK procurement notice

Investment Manager Research Database - Public Markets

Official notice

Authority: LGPS CENTRAL LIMITED (Public body)

ServicesOpen procedureAbove threshold
Published estimate£525,000≈ £175k / year · £525,000 inc. VAT52% below published estimate
Submissions closed 14 Aug 2025awarded 15 Oct 2025
Awarded to AON Investments Ltd
Contract term 3 yrsends 14 Oct 2028 · up to 14 Oct 2032 with extensions · starts 15 Oct 2025

What is being bought

Published requirement description

The Authority requires a manager research database/platform that enables the Authority to access full comprehensive research reports, including investment and operational due diligence, into investment strategies across the public market asset classes of equities, fixed income and total return.

CPV: Investment management software package · Pension fund consultancy services

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewal 3 yrsPublished value£525,000
Contract period: 15 Oct 2025 – 14 Oct 2028 (3 yrs) · up to 14 Oct 2032 with extensionsValue: £525,000 exc. VAT · £525,000 inc. VAT
Delivery: UK
Extensions: 2 x 24 month extensions will be available under this contract dependent on the ongoing requirements of the Authority.

What it takes to win
i

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 more
How bids were scored
Quality: 80%Price: 20%
Published award criteria (2)
  • Quality
  • Price
What this means for your bid
  • Price carries 20 of 100 points: a 10% discount moves about 2 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Awarded
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Unspecified in notice
First published
18 Jul 2025, 10:06 BST
Last source update
17 Dec 2025, 15:44 GMT
Award evaluation window
Submission end – 1 Oct 2025
Authority reference
LGPSC0034
FTS notice number
2025/S 000-041199
Latest notice
Contract details notice (UK7)
Classification (CPV)
Investment management software packagePension fund consultancy services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-0561e8 Find a Tender
Review and risk notes
Risks

Please see tender documentation for further details

How it was run

Official notice
Run through: In-tend · Who buys & how to bid on In-tend
Supplier login requiredElectronic submission allowedLanguage: EN
Access & registration note: Free · one account per buying organisation's portal · reCAPTCHA on signup
Submission deadline
14 Aug 2025, 12:00 BST
Clarification deadline
1 Aug 2025, 12:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

in-tendhost.co.uk/lgpscentral/ ↗

In order to participate in this procurement, you will need to be registered on the Authority's e-tendering site at in-tendhost.co.uk/lgpscentral/ ↗ . Suppliers only need to register once.

In-Tend will automatically closedown at the Tender deadline, even if it is in the middle of receiving an uploaded document. You must ensure you leave yourself enough time to upload all of your documents in full. Your Tender will not be accepted one the system has closed.

Timeline

18 Jul 2025 → 17 Dec 2025 · 8 dates
  1. Tender notice published
    18 Jul 2025, 10:06 BST
  2. Clarification questions by
    1 Aug 2025, 12:00 BST
  3. Submission deadline
    14 Aug 2025, 12:00 BST
  4. Award decision expected by386 days ago
    1 Oct 2025, 23:59 BST
  5. Contract starts373 days ago
    15 Oct 2025, 00:00 BST
  6. Assessment summaries sent347 days ago
    10 Nov 2025
  7. Standstill ends337 days ago
    19 Nov 2025, 23:59 GMT
  8. Latest notice published309 days ago
    17 Dec 2025, 15:44 GMT

Notice history

5 events · 3 releases on Find a Tender · since 18 Jul 2025
  1. Tender notice published
    18 Jul 2025, 10:06 BST
    UK4
  2. Contract award notice published
    10 Nov 2025, 09:38 GMT
    UK6
  3. Status changed to complete
    10 Nov 2025, 09:38 GMT
  4. Contract signature expected
    1 Dec 2025, 23:59 GMT
    scheduled
  5. Contract details notice published
    17 Dec 2025, 15:44 GMT
    UK7

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value (inc. VAT) £252,0001 award inc. VAT; no net value published
Bids received 3
Contracts signed 1latest 1 Dec 2025
Awarded toValueDateStatus
AON Investments Ltd2 Dec 2025 – 30 Nov 2028 · up to 30 Nov 2032Extensions: 2 x 24 month extensions will be available under this contract dependent on the ongoing requirements of the Authority.£252,000 inc. VAT15 Oct 2025Awarded

Contracts

  • Contract 1 · AON Investments Ltd

    Signed
    1 Dec 2025
    Value
    £252,000 inc. VAT
    Period
    1 Dec 2025 – 30 Nov 2028 · up to 30 Nov 2032 with extensions
    Status
    active
    Extensions
    2 x 24 month extensions will be available under this contract dependent on the ongoing requirements of the Authority

    No agreed KPIs: Below £5 million including VAT

Bid statistics published by the authority

BidsSMEVCSEValid bid range
3final-stage tenders00—

Contracting authority & participating public bodies

LGPS CENTRAL LIMITED

Contracting authorityPublic authority - sub-central government GB-COH: 10425159 · GB-PPON: PVZL-3598-XMXZ 1st Floor I9, Wolverhampton, West Midlands, WV1 1LDContact email

Bidders & participating suppliers

1 commercial party on the notice
  • Aon Investments LimitedAwarded supplierGB-COH: 05913159GB-PPON: PQPY-9576-LTNP 122 Leadenhall Street, London, London, EC3V 4ANContact email

Official documents & specifications (4)

Official links; attachments are not copied

Tender pack and attachments

  • Bidding documents and specifications tenderBidding documents and specificationsIn order to participate in this procurement, you will need to be registered on the Authority's e-tendering site at https://in-tendhost.co.uk/lgpscentral/ . Suppliers only need to register once. Use of the Authority's e-tendering system is free for Tenderers throughout the whole p…

Notices published for this procedure

  • Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender
  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender