Find a TenderAwarded without competitionTransparency notice
Published 27 May 2025, 07:44 BST

Official UK procurement notice

Investment Research Augmentation · UK public procurement notice

Official notice

Authority: LONDON LGPS CIV LIMITED (Public body)

Direct award
Awarded value£84,000published award · inc. VAT
Award in standstill Not publishedno call for competition
Award (standstill) to Mercer

What is being bought

Published requirement description

We require additional investment research capabilities to enable us to accelerate workstreams which are critical to the achievement of milestones linked to the U.K. Government's Local Government Pension Scheme Fit for the Future initiative. These workstreams require investment research capacity which is not currently available to us, and which we will only be in a position to secure in phases over the course of the next 12 to 24 months.

The lotProcurement structure

single lot · no lot value published

Procedure terms & legal framework

From the official record
Procedure method
Direct award
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Notice status
Awarded without competition
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Direct award (no call for competition)
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
27 May 2025, 07:44 BST
Last source update
27 May 2025, 07:44 BST
Authority reference
P00525
FTS notice number
2025/S 000-027537
Latest notice
Transparency notice (UK5)
Delivery area
UK
Official registry OCID
ocds-h6vhtk-052676 Find a Tender
Why no open competition
Single Suppliers Technical Reasons; Urgency
Published justification

A direct award is justified because the supplier's database of investment managers and product is the industry standard for the institutional investment market. Coverage of managers and products is broad and extends across the asset classes, investment managers and products which are relevant to our investors. The supplier's research can be delivered to us using a portal which we already use extensively in our research and reporting processes. This is a highly efficient way for us to increase our capacity to support key workstreams. Implementing the U.K. Government's Local Government Pension Scheme Fit for the Future initiative requires investment research capacity which is not currently available to us, and which we will only be in a position to secure in phases over the course of the next 12 to 24 months.

Notice history

2 events · 1 release on Find a Tender · since 27 May 2025
  1. Transparency notice published
    27 May 2025, 07:44 BST
    UK5
  2. Contract signature expected
    27 May 2025, 23:59 BST
    scheduled

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1some still in standstill
Awarded value (inc. VAT) £84,0001 award inc. VAT; no net value published
Awarded toValueDateStatus
Mercer4 Jun 2025 – 3 Jun 2026£84,000 inc. VAT—Standstill

Contracting authority & participating public bodies

LONDON LGPS CIV LIMITED

Contracting authorityPublic authority - sub-central government GB-COH: 09136445 · GB-PPON: PQBW-9692-CYCW 4th Floor, 22 Lavington Street, London, London, SE1 0NZContact email

Bidders & participating suppliers

1 commercial party on the notice
  • MERCER LIMITEDAwarded supplierGB-COH: 00984275GB-PPON: PCZX-4442-DMXV 1 Tower Place West, London, London, EC3R 5BUContact email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

  • Transparency notice awardTransparency noticeUK5Transparency notice on Find a Tender