Find a TenderClosedTender notice
Published 23 Jul 2026, 10:34 BST

Official UK procurement notice

Liquidity Risk Model · UK public procurement notice

Official notice

Authority: LGPS CENTRAL LIMITED (Public body)

ServicesCompetitive flexible procedureAbove threshold
Published estimate£600,000≈ £300k / year · £600,000 inc. VAT
Submissions closed 17 Aug 2026
Contract term 2 yrsends 30 Sept 2028 · up to 30 Sept 2031 with extensions · starts 1 Oct 2026

What is being bought

Published requirement description

As an Asset Manager, the Authority requires a platform that enables LGPS Central Limited to support liquidity risk reporting in compliance with regulatory requirements on all funds and mandates, covering both public markets (e.g. equities, fixed income and derivatives) and alternative asset classes.

  • The authority expects to re-tender this requirement around 1 Jan 2031, 23:59 GMT.
  • How the procedure runs: This Competitive Flexible Procedure will comprise of a single response to this invitation to Tender (ITT). Responses to this ITT will be evaluated in four (4) assessment stages, including an interim assessment stage. See ITT documentation for more information.

CPV: Financial analysis software package · Investment management software package · Software supply services

The lotProcurement structure

single lot · value published
Lot #1Renewal 2 yrsPublished value£600,000
Contract period: 1 Oct 2026 – 30 Sept 2028 (2 yrs) · up to 30 Sept 2031 with extensionsValue: £600,000 exc. VAT · £600,000 inc. VAT
Delivery: West Midlands
Extensions: 3 x 12 month extensions are available at the Authorities discretion.

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: 70%Price: 30%
Published sub-criteria (7)
  • Data Integration and Validation: 10%
  • Report Production, Customisation and Analytics: 10%
  • Liquidity Risk Model: 20%
  • User Experience and Customer Service: 5%
  • Implementation Planning: 15%
  • Platform Demonstration: 10%
  • Net Price: 30%
Published award criteria (7)
  • Data Integration and Validation
  • Report Production, Customisation and Analytics
  • Liquidity Risk Model
  • User Experience and Customer Service
  • Implementation Planning
  • Net Price
  • Platform Demonstration: Please note, this criteria will only be applicable to bidders who are being assessed at Stage 4: Final Assessment
What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 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
Competitive flexible procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Closed
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
Yes · next expected 1 Jan 2031
First published
23 Jul 2026, 10:34 BST
Last source update
23 Jul 2026, 10:34 BST
Award evaluation window
Submission end – 21 Sept 2026
Authority reference
LGPSC0040
FTS notice number
2026/S 000-069528
Latest notice
Tender notice (UK4)
Classification (CPV)
Financial analysis software packageInvestment management software packageSoftware supply services
Delivery area
West Midlands (UKG39)
Official registry OCID
ocds-h6vhtk-06d18e Find a Tender
How it runs

This Competitive Flexible Procedure will comprise of a single response to this invitation to Tender (ITT).

Responses to this ITT will be evaluated in four (4) assessment stages, including an interim assessment stage.

See ITT documentation for more information.

Review and risk notes
Risks

Please see the tender documents for further detail.

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
17 Aug 2026, 12:00 BST
Clarification deadline
7 Aug 2026, 12:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

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/ ↗ .

Bidders will be able to download tender documentation and submit completed tenders for this requirement at the InTend portal at the above address.

Timeline

23 Jul 2026 → 1 Oct 2026 · 5 dates
  1. Tender notice published95 days ago
    23 Jul 2026, 10:34 BST
  2. Clarification questions by80 days ago
    7 Aug 2026, 12:00 BST
  3. Submission deadline70 days ago
    17 Aug 2026, 12:00 BST
  4. Award decision expected by35 days ago
    21 Sept 2026, 23:59 BST
  5. Contract starts26 days ago
    1 Oct 2026, 00:00 BST

Notice history

1 event · 1 release on Find a Tender
  1. Tender notice published
    23 Jul 2026, 10:34 BST
    UK4

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

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender